25/09/2024 Financial & Legal Services
Gen Balance Sheet is a tax audit filing and balance sheet preparation software used by CA and tax professionals in India. It automatically evaluates profits and loss statements, imports trial balances from third-party software such as Tally, busy and Excel, and files multiple forms 3CA, 3CD and 3CB. Also, it can be used to merge two trial balance files and depreciation calculations.
It can also customize the account notes format, and create trading accounts with precise information. Plus, it assists with ratio formulas, calculates deferred tax liabilities, and makes cash and fund flow. The software also generates and registers for new UDIN (Unique Document Identification Number).
Some Additional Features of Gen Bal Software
Prepare Balance Sheet as Per Schedule III
Import Form 3CD Items in Business Head
Produce Reports Year and Status Wise
Mapping of a New and Modified Trial Balance Group Wise
Create Company Auditor Report, CARO, IFCR, Notes on Account, Director’s Report, Notice Etc
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