The one system your business needs.
Billing, GST, stock, purchase and sales in one open source system. One price per company, every app included, AI on your own key.
- Every app included, one price per company
- GSTR-1/3B, e-invoicing and e-way bills built in
- AI on your own key, or on your own servers
A person on our team replies. The reply time is on your quote.
Financial Reporting & Statements
A P&L that's accurate as of last month's close isn't useful for a decision you need to make today. Yukti's financial statements update as transactions post, not on a monthly export cycle.
How Yukti Handles This
Every report pulls live from the same general ledger
- P&L, balance sheet, cash flow, and trial balance pull directly from the general ledger
- No separate reporting database to reconcile against the books
- Every report supports drill-down from a summary line to the individual journal entries behind it
Cash flow reconciles net income with the indirect method
- Starts from net income and adjusts for non-cash items like depreciation
- Adjusts for working capital changes: receivables, payables, and inventory moved during the period
- Operating cash flow reconciles against real bank activity, not a spreadsheet projection
Templates adapt per jurisdiction and entity structure
- Report templates and layouts are configurable per statutory requirement
- Same reporting engine produces entity-level and consolidated statements for multi-entity businesses
- Converts each entity's functional currency into the group reporting currency
Reports update the moment a transaction posts
- A transaction posted five minutes ago is already reflected in every report
- No batch export and no overnight refresh
- No stale P&L version, which matters most in the days right before a close
Where This Connects to the Rest of Your Books
The balance sheet depends on every module that touches value
- Fixed assets, receivables, payables, inventory, and approved expense claims all contribute to it
- Every module that touches an asset or a liability feeds the balance sheet
- A balance sheet that doesn't balance is almost never a reporting bug, it's a missing entry upstream
Cash flow ties back to the bank through reconciliation
- Operating cash flow should match what the reconciled bank balance shows moved for the period
- A mismatch is usually the fastest way to catch a transaction that posted but never cleared the bank
Where the AI agent helps
Before a board packet goes out, the agent can draft the plain-language commentary behind a variance.
Traces a margin swing or expense spike back to the specific accounts that caused it
Gives finance a first draft to edit instead of a blank page
Runs the same way every reporting cycle, not just before board meetings
Estimate with your own figures
Type what your team handles today. Nothing is estimated until you do; each line item shows the source behind its calculation.
Financial reporting
Fill in every field above to see an estimate for this line item.
Common Questions
How current is the P&L when I open it? Does it require a month-end close first?
It reflects the ledger as of the moment you open it, not a batch export or a version frozen at last close. Every posted transaction, including one from five minutes ago, is already included. A formal close still matters for locking a period against further edits and finalizing adjusting entries, but you don't need to wait for a close to see an accurate P&L for the period so far.
Does Yukti use the direct or indirect method for the cash flow statement?
The indirect method, starting from net income and adjusting for non-cash items like depreciation and changes in working capital such as receivables, payables, and inventory. That's the same method most accrual-based ERP systems use by default, because the adjustments pull directly from data the general ledger already has, rather than requiring a parallel cash-receipts-and-payments ledger maintained separately.
Can I actually click from a balance sheet number down to the transaction that created it?
Yes, drill-down works on every report, not just a subset. Click a balance sheet line and you see the account's transaction history; click further and you reach the individual journal entry, invoice, or bill that contributed to it. That's the difference between a report that answers 'what' and one that also answers 'why', which is usually the question an auditor or a CFO actually asks first.
Can Yukti produce statements for one legal entity and a consolidated group view at the same time?
Yes. Each entity keeps its own chart of accounts and statutory statements, and the same reporting engine rolls those entities up into a consolidated view using the underlying multi-company structure, converting each entity's functional currency into the group reporting currency where needed. You're not maintaining two separate reporting systems, entity-level and consolidated pull from the same ledger data.
Do report templates support statutory formats outside the US, or is it US-centric by default?
Report templates and layouts are configurable per jurisdiction's statutory requirement rather than fixed to one country's format. Chart of accounts templates ship pre-configured for dozens of countries to begin with, and financial statement layouts follow that same country-specific configuration, which matters for any business filing statutory accounts outside the US.
See Financial Reporting & Statements in Yukti
Get a walkthrough of how Yukti handles your books, or compare plans to see what is included in the free community edition.