Accounting
Accounting that happens while you bill
You make invoices, record payments and note expenses. Invoiqo writes the matching double-entry journal for each one, so your trial balance, profit and loss and balance sheet are ready whenever you or your CA need them.
Accounting
What you get
Journals written for you
Sales, purchases, returns, payments and expenses each post a balanced journal entry. No second round of data entry.
Trial balance, P&L and balance sheet
Open them for any date or period. The balance sheet includes the profit earned so far.
Chart of accounts
Start with the accounts Invoiqo sets up, and add your own asset, liability, equity, income and expense accounts.
Bank accounts
Keep each bank account with its IFSC, branch and opening balance, alongside cash.
Expenses by category
Record rent, salaries, electricity and other costs with a category and payment mode. Each one reaches your books and your profit.
Manual journal entries
For the adjustments your accountant needs, add a journal entry. Debits must equal credits before it saves.
How it works
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Work as you do today
Make invoices and purchase bills, and record payments and expenses.
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Invoiqo posts the entries
Each document posts a balanced journal to the right accounts in the background.
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Read your statements
Open the trial balance, profit and loss or balance sheet, or give your accountant their own login.
Frequently asked questions
Do I need to know accounting to use Invoiqo?
No. You only make invoices and record payments and expenses. Invoiqo writes the accounting entries in the background, and your accountant can review them whenever they like.
Is Invoiqo double-entry accounting software?
Yes. Every document posts a journal entry where debits equal credits, and the trial balance, profit and loss and balance sheet are built from those entries.
Can my CA or accountant use Invoiqo?
Yes. Add them with the Accountant role. They can record payments and expenses, manage the books and see reports, without changing your invoices or stock. Extra users come with the paid plans.
Can I see the profit on each bill?
Yes. The bill-wise profit report shows the sale value, the cost of the goods and the margin for each invoice.
Are my expenses included in profit and loss?
Yes. Every expense you record is posted to its expense account and appears in the profit and loss statement for that period.
Try it free today
The Free plan never expires and needs no card. Set up in a few minutes.
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