Entity setup
The format engine adapts headings, owners' funds presentation and the P&L / Income & Expenditure naming to the entity you pick.
*Where the State Co-operative Societies Act / Rules prescribe a specific statutory form, that form prevails — this output follows the ICAI GN structure for working purposes.
Trial balance — current year
Three ways in. Paste: copy the trial balance grid from Tally / Excel (columns: Ledger, Debit, Credit — or Ledger, Amount with Cr negative; an optional Group column improves auto-mapping). Upload: a CSV with the same columns. Manual: type grouped balances directly and skip the mapping step's auto-suggestions.
Trial balance — previous year
Same format. Ledgers matching the current-year names inherit their groupings automatically.
Review groupings
Every ledger below carries a suggested statutory grouping — change any of them. Amber rows are unmapped and block generation. Closing stock is entered separately because it rarely exists as a trial-balance ledger.
Common questions
Is the ICAI balance sheet format mandatory for proprietorship firms?
Yes — the ICAI's Guidance Note formats for non-corporate entities are mandatory from F.Y. 2025-26 (recommendatory earlier). This tool produces them from a pasted trial balance.
What is the MSME disclosure in the balance sheet?
Trade payables must be split between dues to micro & small enterprises and others, with ageing schedules. The builder collects your MSME amount and generates both.
How do I convert a trial balance into Schedule III format?
Paste the TB, review the automated head mapping (you approve every line), and the tool generates the Balance Sheet, P&L and auto-numbered notes in Schedule III / ICAI structure.