Online Accounting Software for Indian Businesses
From GST billing and Input Tax Credit tracking to April–March financial year statements and customer ledgers. Everything your Indian business needs to stay compliant and profitable.
Indian Business Accounting Features
Designed to meet the everyday operational and statutory requirements of Indian enterprises.
Standard Indian Financial Year
April 1 → March 31 financial year periods (e.g. FY 2026-27) with customizable quarters (Q1, Q2, Q3, Q4) and fiscal lock controls.
GST Compliance & Invoicing
Native support for CGST, SGST, IGST tax breakdown, HSN/SAC item classification, customer GSTINs, and place of supply logic.
Input Tax Credit (ITC) Ledger
Automatically records and categorizes Input CGST, Input SGST, and Input IGST on vendor purchases and business expenses.
Indian Chart of Accounts
Pre-configured Indian standard account hierarchy: Assets (1000s), Liabilities (2000s), Equity (3000s), Revenue (4000s), Expenses (5000s/6000s).
Multi-Warehouse Inventory
Manage multiple godowns, branches, and fulfillment warehouses with Weighted Average Costing (WAC) and perpetual COGS vouchers.
Indian Statutory Reports
Instant Profit & Loss, Balance Sheet (Assets = Liabilities + Equity), Cash Flow Statement, and General Ledger formatted for Indian auditors.
Ideal for Indian Businesses of All Sizes
Whether you are an independent consultant or managing multiple warehouses.
Traders & Retailers
Manage stock across godowns, track vendor bills, and issue instant GST counter receipts.
Agencies & IT Services
Bill domestic and international clients with SAC codes, track project expenses, and monitor net margins.
Freelancers & Consultants
Simple GST tax invoicing, payment receipts, expense logging, and annual P&L summaries.
Manufacturers & Job-Work
Record raw material purchases, Weighted Average Costing, and delivery challans seamlessly.
Frequently Asked Questions
Indian accounting and GST compliance questions answered.
Does Craftonix follow the Indian Financial Year (1 April - 31 March)?
Yes. Craftonix default accounting periods and financial reporting engines are configured for the Indian Financial Year cycle (1 April to 31 March e.g., FY 2026-27), with period locking to safeguard audited historical records.
How does Craftonix handle CGST, SGST, and IGST?
Craftonix automatically applies intra-state (CGST + SGST) or inter-state (IGST) tax rates based on the customer's state and place of supply. Separate ledger liability accounts (Output CGST, Output SGST, Output IGST) and asset accounts (Input CGST, Input SGST, Input IGST) are maintained.
Can I generate HSN/SAC compliant invoices?
Yes. Every product and service can be configured with its mandatory 4, 6, or 8-digit HSN code or 6-digit SAC code for professional tax compliance.
Can I claim Input Tax Credit (ITC) on expenses and purchases?
Yes. Whenever you record a vendor purchase bill or business expense with GST, Craftonix separates the taxable amount from the input tax amount and automatically debits the respective Input GST asset account for ITC claims.
Streamline Your Indian Business Accounts
Start creating GST invoices and tracking accounts online in less than 2 minutes.