How it works
Built-in connections
Standard / Zero / Exempt auto-split per line. Input VAT eligibility flagged before posting.
Tax details auto-identified, applied at source, and posted to the right ledger.
Pay via bank, UPI, cheque, or cash - ledger entries created automatically against the invoice.
Vendor ledger updates instantly on every payment. One-click statement export, zero manual matching.
Every unpaid bill flows into aging buckets automatically - overdue alerts before deadlines are missed.
What you get
Extract every field from any vendor bill automatically.
Right tax rate, zero manual tax math.
Items and taxes pre-fill from the linked purchase order.
Aging buckets and vendor totals in one live view.
Multi-level chains before any payment goes out.
Track advances and apply them to invoices when they arrive.
FAQ
When you upload a PDF, photo, or Excel file, LEDGERS AI reads every field – vendor name, invoice number, date, line items, HS codes, VAT amounts, and CT details – and fills them in automatically. No template mapping required; it works across any vendor bill format with 99% accuracy.
Yes. LEDGERS detects the applicable VAT rate and Input VAT eligibility for each line item, and manages Corporate Tax assessment based on the vendor type. Tax amounts are computed and posted to the right ledger accounts without any manual intervention.
Absolutely. When you raise a purchase invoice, LEDGERS lets you select the matching PO. Line items, quantities, rates, HSN codes, and taxes pre-fill from the PO automatically. Any variance between the PO and invoice is flagged for review before posting.
LEDGERS supports bank transfer (Local/SWIFT), cheque, cash, and credit card. Each payment voucher auto-creates the corresponding ledger entries via your Chart of Accounts and updates the vendor’s outstanding balance in real time.
When you record an advance payment to an employee, it sits in the advance ledger. When the matching expense claim is submitted and approved, LEDGERS nets the advance against the claim automatically – only the balance payable (or recoverable) remains.
Yes. The Payables Dashboard shows a consolidated real-time view of every outstanding bill grouped by vendor, due date, and aging bucket (0-30, 31-60, 61-90, 90+ days). You can drill into any vendor’s ledger, see invoice-by-invoice detail, and get overdue alerts before payment deadlines are missed.
Yes. LEDGERS supports bulk upload and bulk actions for invoices, approvals, and payments so finance teams can close month-end faster with fewer manual steps.
Absolutely. Configure multi-level approvals with amount-based thresholds so high-value expenses route to senior approvers automatically.
Yes. You can make partial payments, track remaining dues, and auto-adjust employee or vendor advances against invoices and claims.
Yes. The payables dashboard shows vendor-wise aging with overdue alerts, helping teams prioritize payments and avoid delays.
Configure chart-of-accounts mapping, tax rules, and approval policies for each expense category.
Create vendor masters and import outstanding invoices so your payable position starts accurate.
Upload invoice PDFs/photos and let AI extract details like amount, taxes, and due date automatically.
Route expenses through role-based approvers with threshold controls and full audit trail.
Record full/partial payments, adjust advances, and reconcile balances against vendor statements.
Use aging reports, overdue alerts, and summary dashboards to finalize monthly close confidently.
