Financial statements
Trial balance, P&L against budget, balance sheet and the period statement.
Financial Statements
Your statements, read live from the ledger — no month-end scramble.
Every invoice, bill, payment, payslip and journal in TamilAccounting already sits in one ledger. The trial balance, profit and loss, balance sheet and cash flow are that ledger, read the moment you open them — compared with last year or the budget, filtered by branch, and open down to the document behind every figure.
Overview & ratios
Trial balance
P&L vs budget
Balance sheet
Statement of Cash Flows
Month-end pack by email
What’s new
New in Financial Statements
The additions of 2026 answer where the cash went, how the month compares with the plan, and who should see it.
New
Statement of Cash Flows
Start at net profit and walk through working capital, investing and financing to the change in cash — or read the same period as plain receipts and payments, beside the previous period.
Watch the walkthroughNew
Period Statement, sent by email
A month-end pack of profit, cash, tax, aged receivables and payables and bank balances. Choose the recipients and sections, preview it, and save the setup for next month.
Watch the walkthroughNew
Profit & loss against budget
Compare every income and expense account with the year to date, the same period last year, or the budget you set, with the percentage achieved.
Watch the walkthroughNew
Budget vs Actual, month by month
A printed report with the variance and the achieved percentage for every budgeted account, and a month-by-month section when you want to see where the year drifted.
Learn moreNew
Ledger lines in their own currency
Open an account’s ledger and each foreign-currency line shows its currency, its rate and the amount in that currency beside the home amount.
Learn moreThe whole business on one page
The Overview shows revenue, expenses and net profit against last year, the balance sheet in three numbers, and four ratios that say whether the numbers are healthy.
Watch the walkthroughParent account families
Accounts grouped under a parent read as one line in the trial balance, balance sheet and profit & loss, with a + to open the family and its subtotal.
Learn moreReports that arrive by themselves
Schedule any report to your inbox daily, weekly or monthly; each run moves its dates forward on its own.
Watch the walkthrough
Without live statements
Why the numbers usually arrive late — and get argued about
In most offices the statements are compiled, not read: exported from three places and stitched together in a spreadsheet. By the time they are ready, the month they describe is long gone.
Waiting for month-end
The owner asks how the month is going and the answer is “after we close the books”. Decisions about stock, hiring or pricing are made on last month’s feeling.
Cost: a week or more between what happened and knowing about it.
Statements stitched in Excel
Sales from one report, expenses from another, the bank from a third. One wrong paste and the profit figure that goes to the bank is not the profit in the books.
Cost: hours of copying, and figures nobody can trace back.
Profit, but no cash
The profit and loss says the business made money, yet the bank account is short. Without a cash flow statement nobody can say whether it is stuck with customers, in stock or in a new machine.
Cost: surprise overdrafts and difficult calls to suppliers.
A budget nobody looks at
The budget is made in January in a spreadsheet and never compared with what really happened. Overspending on rent or travel is found at the year-end audit.
Cost: overruns discovered when it is too late to act.
A figure you cannot open
The auditor asks what makes up the 1,50,000 in repairs. Someone spends the afternoon filtering exports to find the bills behind one number.
Cost: audit questions answered slowly, and sometimes not at all.
One total for many branches
Each branch manager gets the company total, not their own numbers, so no one owns their branch’s profit — and head office cannot see which branch carries the others.
Cost: weak branches hidden inside a healthy total.
With TamilAccounting
From the day’s entries to the month-end pack
Nothing here is compiled. Each step reads the same ledger, so every statement agrees with every other one.
Daily entriesInvoices, bills, payments, payroll and journals post as complete double entries
OverviewRevenue, profit and four ratios against last year, any day
Trial balanceBrought forward, this period and closing — debits equal credits
Profit & lossAgainst the year to date, last year or the budget
Balance sheetAssets, liabilities and equity as at any date
Cash flowProfit reconciled to the movement in bank and cash
Period StatementThe month-end pack, printed, exported or emailed
Close the yearThe year’s profit moves into retained earnings
What is built in
Every statement a business, its bank and its auditor ask for
Open Financial Statements, pick a period, and the answers are already there. Click any group or account to see what makes it up.
Overview
The whole business on one page
The Overview opens on the questions an owner asks first, for the financial year so far — each figure beside the same point last year.
- Revenue, expenses and net profit, with this month’s figure underneath
- Total assets, liabilities and equity, with a check that assets equal liabilities plus equity
- Revenue against expenses for this year, last year, the last six or the last twelve months
- Gross margin, net margin, expense ratio and debt-to-equity
- The top revenue and expense accounts, and buttons straight to the full statements
Revenue (YTD)48,00,000
Net profit (YTD)6,00,000
Equity36,20,000
Gross margin40.0%Up on last year
Net margin12.5%Healthy
Expense ratio87.5%Watch rent
Assets = liabilities + equity48,60,000Balanced
Trial Balance
The check before you trust anything else
Every account with its debits and credits in three pairs of columns — brought forward, this period and the closing balance — under its group and class, with group totals and a grand total. Because every transaction posts as a complete double entry, the two sides always agree.
- Financial-year presets or any custom date range
- Filter by branch or department; hide zero balances
- Show only the balance side, or group totals only for a one-page view
- Parent account families read as one line with a + to open them
- Click an account code and its ledger opens for the same dates
Profit & Loss
Every figure beside something that matters
A profit figure means little on its own, so the Profit and Loss drill-down always puts it beside a comparison you choose, with the percentage achieved on every account, group and class — and the net profit at the end.
- Accumulated — the financial year to date
- Period last year — the same dates twelve months earlier
- Budget — the budget set for the same dates
- Click an account and its ledger opens, line by line, down to the document
- An achieved percentage too large to be meaningful says so, instead of printing a nonsense figure
Balance Sheet
What the business owns and owes, as at any date
Assets, liabilities and equity group by group. Click a group and its accounts open in a window, parent families included; click an account and its ledger opens.
- Until the year is closed, this year’s profit shows separately as the calculated return
- Closing the financial year moves it into retained earnings with a closing entry
- The printed Balance Sheet runs by branch, department and account tag
- Add a chart to the printed copy, with or without decimals
Statement of Cash Flows
Where the money actually went
A business can post a healthy profit and still be short at the bank. The Statement of Cash Flows reconciles the two and ends at a balance anyone can check: the movement in your bank and cash accounts.
- Indirect view — net profit, non-cash add-backs, working capital, investing and financing
- Receipts and payments view — money in from customers, money out to suppliers, wages and taxes
- Either view beside the previous period; any line opens into the accounts behind it
- Each account group carries its cash flow section, chosen once; groups you never touch take a sensible one from their class
- Printed as a PDF or exported to Excel, by branch and department
Operating2,98,770
Investing(1,50,000)
Financing(60,000)
Net profit for the period3,67,870From P&L
Increase in receivables(2,15,400)Held by customers
Increase in payables62,300Supplier credit
Closing cash and bank5,00,000Matches the bank
Period Statement
The month-end pack, ready to send
Built for the people outside the business — the owner, the accountant, the bank. Pick a period and it lays out the whole month, each figure against the previous period.
- Revenue, costs, net profit, cash in, cash out and closing bank and cash
- A tax summary of taxable sales, output tax, taxable purchases and input tax credit
- Customer and supplier balances aged into current, 1–30, 31–60 and over 60 days
- Every bank account’s closing balance and how much of it is reconciled
- Print it, export it to Excel, or email it with chosen recipients, sections and a covering note — saved as a named setup for next month
Toowner, accountant2 recipients
Profit & cash summaryvs AugustIncluded
Tax summaryOutput & inputIncluded
Aged receivables & payables4 bucketsIncluded
Setup“Monthly pack”Saved
Worked example
Profit is an opinion about timing. Cash is a fact.
A sale on credit is revenue today and money next month; a new machine is cash today and cost spread over years. Here one quarter’s profit of 3,67,870 is walked to the bank balance — and the last line is the figure your bank statement shows.
Switch to the receipts and payments view and the same quarter reads the plain way, money in and money out, for anyone who would rather see the bank book than a reconciliation.
Statement of Cash Flows · one quarter
Indirect view — illustrative figures
| Net profit for the period | 3,67,870.00 |
| Add back depreciation (no cash moved) | 84,000.00 |
| Increase in receivables | (2,15,400.00) |
| Increase in payables | 62,300.00 |
| Cash from operating activities | 2,98,770.00 |
| Purchase of equipment | (1,50,000.00) |
| Loan repaid | (60,000.00) |
| Net movement in cash | 88,770.00 |
| Opening cash and bank | 4,11,230.00 |
| Closing cash and bank | 5,00,000.00 |
Nobody types this statement. Each line is read from the ledger using the cash flow section of the account’s group, so the screen and the printed report always agree.
Watch it in action
Watch the statements read straight from the ledger
Recorded on a demo company: the overview, a month-end pack sent by email, the trial balance, profit and loss against budget, the balance sheet — and the report for every other question.
Reports: a ready answer for every question
Who owes you, what sold, what is in stock — the report for each question.
Quick takes · under a minute or two
More features
Printed statements for the board, the bank and the auditor
Under Reports, the same statements print as PDFs or export to Excel with more options.
PDF & real Excel
Every statement as a PDF to print, or as a spreadsheet with numbers kept as numbers, in portrait or landscape.
Four trial balance layouts
Simple, summary, detailed and standard — from a one-page check to every account in full.
Branch, department & tag
Run the balance sheet and profit and loss for one branch, one department or one account tag.
Charts on the page
Add bars, lines, a pie or a donut to the printed balance sheet and profit and loss.
Expense breakdown
The Annual Expense Breakdown shows every expense month by month; the Expense Breakdown covers any period.
Drill down to the document
Group, account, ledger line, then the invoice, bill or journal that made the entry.
Scheduled report emails
Pick a report, its options, who receives it and how often; Run Now sends one straight away.
Audit trail
See which user created which transaction, and when, for the numbers behind the numbers.
Where the numbers come from
Every module feeds the same ledger
The statements are only as good as the entries behind them. In TamilAccounting those entries come from the documents themselves, so nobody posts a summary by hand.
Journal & General LedgerJournals, budgets, parent accounts, account tags and closing a period or a year.Explore BankingStatement import, reconciliation and foreign-currency revaluation behind the cash figures.Explore Taxes & FilingsTax collected and paid by period, the tax summary in the Period Statement and the returns.Explore Sales & ReceivablesInvoices, receipts and the aged receivables that drive working capital.Explore Purchases & PayablesBills, payments and the aged payables you owe suppliers.Explore ManufacturingWork-order costing that lands in cost of sales and stock value.Explore One PortalCustomers and suppliers see their own statements and documents.Explore AppsAdd industry apps and country packs when the business needs them.Explore
Why businesses stay
Bring your data. We’ll keep it right — and keep making it better.
Switching software is the hard part. We help you move, keep your records sound, and keep improving the system with you.
Data migration & opening balances
Move across from Tally, Zoho, QuickBooks, Xero, Sage 50 or SMACC, or from Excel templates for items, customers, suppliers, employees, chart of accounts and opening balances. You preview every row before it is saved — and our team helps you through it.
Your data, kept right
Your database is backed up three times a day — every 8 hours — and your files are backed up too. Each company keeps its own separate database; roles decide who can see, enter, approve or void; every change is on the audit trail; and everything exports to Excel or PDF whenever you want it.
Always improving, with you
We follow up regularly with the businesses that use it, and their requests become features. Updates arrive on your account automatically — nothing to download or reinstall.
Connected to what comes next
GST e-invoice and e-way bill, ZATCA, WooCommerce, WhatsApp, biometric devices, online payment gateways, mobile apps and an AI assistant — and new connections are added as the market moves.
FAQ
Financial statements: common questions
No. Every invoice, bill, payment, payslip and journal already sits in one ledger, so the statements are that ledger read the moment you open them. Closing a period only stops anyone changing it afterwards.
Every account group carries a cash flow section — operating, investing, financing, a non-cash adjustment, or cash itself — chosen once where the groups are defined. Groups you never touch take a sensible section from their class, so the statement is right from the first day.
Yes. The Profit and Loss drill-down compares each account with the year to date, the same period last year or the budget, and the printed Profit and Loss Statement and Budget vs Actual report do the same in PDF or Excel.
Yes. The Period Statement can be printed, exported to Excel or emailed from the system. Choose the recipients, the sections and a covering note, and save the choices so next month’s pack goes out in two clicks.
Yes. The trial balance filters by branch and department, and the printed balance sheet and profit and loss can be run by branch, department and account tag.
Until the financial year is closed, the balance sheet shows this year’s profit separately as the calculated return. Closing the year moves it into retained earnings with a closing entry, so the new year starts with a clean profit and loss.
Yes. File related accounts under a parent account and the trial balance, balance sheet and profit and loss show one rolled-up line per family, with a + to open it and a subtotal underneath. Totals never change — grouping only changes how the rows read.
Yes. Choose any report with its options, the recipients, and daily, weekly or monthly, and it is emailed on schedule. Each run moves its dates forward on its own.
Stop compiling statements. Start reading them.
Try TamilAccounting with your own accounts — the trial balance, profit and loss and cash flow are ready the moment you post.