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DOUBLE-ENTRY ACCOUNTS

Custom Accounts That Ensured 100% Accuracy & GST Compliance

We engineered an enterprise double-entry accounting suite supporting automated bank reconciliations, multi-entity consolidations, and dynamic GST/TDS tax calculations.

Industry
Finance & Trading
Duration
3.5 Months
Location
Gurgaon, India
Service
Custom Accounts
Custom Accounts Dashboard Mockup
100%

Ledger Accuracy

70%

Faster Month Close

Zero

GST Reconciliation Gaps

45%

Hours Saved in Audits

THE CHALLENGE

Disconnected statements, manual reconciliation.

Transactions across multiple bank accounts and entities led to complex month-end closing procedures, delayed invoice reconciliations, and filing discrepancies.

Manual Bank Reconciliation

Matching daily bank statements with accounting ledgers took endless hours.

Slipped GST Deadlines

Calculating dynamic tax categories manually led to auditing and filing errors.

Complex Entity Consolidation

Unifying parent-child company accounts with intercompany rules took days.

Vulnerable Audit Logs

Lack of revision tracking posed risks for regulatory tax assessments.

OUR SOLUTION

Immutable ledger, integrated channels.

A production-grade double-entry engine containing real-time bank reconciliation feeds, automated GST calculations, and an immutable audit trail.

Double-Entry Engine

Systematic transaction structures where credits always balance debits.

General Ledger

Auto-synchronized Chart of Accounts, trial balances, and journals.

GST & Tax Engine

Automated calculations and forms sync for direct compliance filing.

Bank Feed Sync

Automated bank statement reconciliation using intelligent rules.

Receivables & Payables

Outstanding balances tracking with automated payment follow-ups.

Period Lock & Audit Trail

Lock periods securely, keeping complete history of all adjustments.

Custom Reports

Dynamic balance sheets and profit & loss statements generated in real time.

Multi-Entity Mappings

Consolidated trial balances and books across multiple business arms.

BUSINESS IMPACT

Clean audits, visual cash flow.

The custom accounts module delivered an immutable record of all transactions, automated statutory tax filings, and speeded up month-end reconciliation.

Clean Books
Rapid Month End
GST Compliance
Secure Audits
GET STARTED

Looking for a
Custom Accounts Development Company in India?

Wisetrack Technologies builds scalable, secure, and feature-rich double-entry accounting systems that help businesses optimize Ledgers, GST Billing, and Bank Feed Syncs.

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