ERPNext Accounting & Finance —
Complete Financial Management for
Indian Businesses
India-ready accounting with GST, e-Invoicing, TDS/TCS, multi-currency, bank reconciliation, and real-time financial reporting. Implemented by GSeven — your trusted ERP partner since 2004.
Everything Your Finance Team Needs in One Place
ERPNext Accounting covers the full spectrum of financial operations — from day-to- day bookkeeping to complex multi-entity financial consolidation.
General Ledger & Bookkeeping
A complete double-entry accounting system with chart of accounts, journal entries, and real-time ledger balances.
- Chart of accounts with unlimited levels
- Journal entries and manual vouchers
- Period-wise and account-wise ledger view
- Auto-posting from all transactions
- Opening balance migration support
Financial Reporting
Comprehensive, real-time financial statements and management reports for instant decision-making.
- Profit & Loss Statement
- Balance Sheet
- Trial Balance and Cash Flow
- Accounts Receivable / Payable Ageing
- Custom report builder
Accounts Payable
Streamline your vendor payments with automated workflows, payment tracking, and outstanding management.
- Vendor invoices and credit notes
- Purchase order to payment flow
- Advance payments and adjustments
- Vendor outstanding and ageing
- Payment approval workflows
Accounts Receivable
Manage customer invoices, track collections, and reduce outstanding with automated reminders and payment tracking.
- Customer invoices and credit notes
- Sales order to invoice automation
- Advance receipts and PDC management
- Customer outstanding and ageing
- Payment follow-up reminders
Multi-Currency & Multi-Company
Handle international transactions and complex group structures with built-in multi-currency and multi-entity support.
- Real-time exchange rate updates
- Forex gain/loss auto-accounting
- Multi-company with inter-company transactions
- Consolidated financial statements
- Currency revaluation at period-end
Bank Reconciliation
Eliminate manual bank reconciliation. Import bank statements and let ERPNext automatically match and reconcile transactions.
- Import bank statements (CSV/Excel)
- Auto-matching with ledger entries
- One-click reconciliation for matched items
- Unreconciled transaction reports
- Multiple bank accounts support
Budgeting & Forecasting
Plan, monitor, and control spending with powerful budget management and variance analysis tools.
- Annual, monthly, quarterly budgets
- Cost centre-wise budget allocation
- Budget variance reports
- Alerts when limits are approached
- Project-wise budget tracking
Payment Gateway Integration
Accept online payments directly through your ERPNext invoices with integrated payment gateway support.
- Razorpay, PayU, Stripe integration
- UPI and NEFT payment modes
- Auto-reconciliation on receipt
- Payment link generation from invoice
- Customer portal for self-payment
Cloud Accounting & Mobile Access
Access your books anytime, anywhere. ERPNext runs entirely in a browser — no software installation required.
- Works on desktop, tablet, and mobile
- Secure cloud deployment on AWS/Azure
- Real-time data — no end-of-day sync
- Role-based access for your accountants
- CA access without sharing credentials
Built for India — GST, e-Invoicing, TDS, and Beyond
Unlike foreign ERP systems that require costly localisation add-ons, ERPNext is natively built with India’s tax and compliance requirements embedded at the core. GSeven enhances this further with India-specific configurations perfected over 22+ years.
Whether you're a GST-registered business, an exporter, or a company with complex TDS obligations — ERPNext handles it all out of the box.
- GSTR-1, GSTR-3B, GSTR-2A reconciliation
- e-Invoicing with IRN and QR code generation
- e-Way Bill generation directly from delivery note
- TDS Section-wise deduction and Form 26Q
- TCS management and Form 27EQ
- Advance Tax and reverse charge mechanism
- India-specific chart of accounts
- Form 3CD and Form 3CEB audit support
IN India Compliance Checklist
Full GST accounting with CGST, SGST, IGST, CESS — multi-rate support across all transactions
IRN generation and QR code embedding — compatible with NIC e-Invoice portal for eligible businesses
Generate e-Way Bills directly from ERPNext delivery notes — no manual portal entry
Auto-calculate TDS at invoice or payment time, with Form 26Q and Form 27EQ output
Complete immutable audit log for every financial transaction — mandatory under Companies Act and GST rules
Accounting That Talks to Every Department
ERPNext Accounting is fully integrated with all other modules. When a purchase order is approved, a sales invoice is raised, or payroll is processed — the accounting entries are created automatically.
Inventory & Warehouse
Stock movements auto-post to accounts. COGS, stock valuation, and GRN accounting handled automatically.
Manufacturing
Production costs, raw material consumption, and work-in-progress accounting flow directly into the ledger.
HR & Payroll
Payroll journal entries, PF, ESI, and professional tax auto-post to the correct GL accounts on payroll processing.
CRM & Sales
Sales orders convert to invoices in one click. Revenue recognition and debtor ledger update in real time.
Frequently Asked Questions — ERPNext Accounting
Other ERPNext Modules by GSeven
ERPNext Accounting integrates seamlessly with every other module. Explore what else ERPNext can do for your business.
Inventory & Warehouse
Real-time stock tracking across all locations with automated reorder and valuation.
Manufacturing
Production planning, BOM, work orders, and real-time shop floor visibility.
HR & Payroll
Employee management, automated payroll, PF, ESI, and India-compliant statutory filings.
CRM & Sales
Lead management, sales pipeline, quotations, and customer lifecycle tracking.