AI-POWERED ACCOUNTING SOFTWARE FOR INDIA

Smarter Accounting.
Simpler GST. Better Business Control.

Manage Your Accounts, GST, Invoices & Business From One Platform.

118 Accounting is an AI-powered accounting and business finance platform built for Indian businesses. Manage sales, purchases, GST, e-Invoices, e-Way Bills, expenses, banking, inventory, payroll and financial reporting from one connected platform. Let AI reduce repetitive accounting work while you stay in control of your finances.

GST Readye-Invoicee-Way BillAI-PoweredCloud-Based
INTELLIGENT ACCOUNTING

Let AI Do the Routine Accounting Work

Spend Less Time Entering Data. Spend More Time Growing Your Business.

118 Accounting brings AI into everyday accounting workflows to reduce manual work and help you understand your financial data faster.

AI Transaction Categorization

Automatically categorize transactions and reduce repetitive bookkeeping.

AI Invoice & Bill Capture

Extract important information from invoices, bills and receipts.

AI OCR

Read financial documents and convert information into accounting data.

AI Book keeping Assistant

Get assistance with everyday accounting tasks and workflows.

AI Financial Insights

Understand revenue, expenses, profitability and cash-flow trends.

AI Financial Assistant

Ask questions about your business finances and get useful answers from your accounting data.

Your Accounts Work Smarter. You Work Better.

Reduce repetitive work and keep your attention on your business.

EXPLORE AI ACCOUNTING
COMPLETE ACCOUNTING

Everything You Need to Manage
Your Business Finances

118 Accounting connects your complete accounting cycle in one platform.

Sales & Receivables

Quotations, sales orders, invoices, recurring invoices, credit notes, debit notes and customer payments.

Purchases & Payables

Purchase orders, supplier bills, purchase returns, debit notes and vendor payments.

GST & Compliance

GST calculation, GST reconciliation, GST reports, e-Invoice and e-Way Bill workflows.

Banking & Reconciliation

Bank transactions, imports, matching, reconciliation and cash/bank management.

Inventory

Products, stock, warehouses, batches, serial numbers, valuation and COGS.

Payroll

Employees, salary structures, payroll, deductions, payslips and payroll accounting.

Financial Statements

Balance Sheet, Profit & Loss, Trial Balance, Cash Flow, Fund Flow and Receipts & Payments.

Business Reports

Day Book, Ledgers, Sales & Purchase Registers, Receivables, Payables, Ratio Analysis and management reports.

Multi-Company & Multi-Branch

Manage companies, GST registrations, branches, locations and business units.

GST

GST Management From
Invoice to Return

Keep Your Sales, Purchases, Tax Data & GST Reporting Connected.

Manage your GST workflows without maintaining separate spreadsheets for every stage.

Manage

GSTINCGSTSGSTIGSTUTGSTCESSHSN / SACTax RatesInput Tax CreditOutput GSTGST ReconciliationGST Returns
GST Workflow
E-INVOICE

Generate e-Invoices From Your Accounting Workflow

Create invoices, validate the required information and manage the e-Invoice lifecycle from one platform.

Manage

e-Invoice generationIRNQR CodeAcknowledgement numberAcknowledgement datee-Invoice statusCancellationError handlingInvoice history
E-Invoice Workflow
01
Invoice & DispatchLinked
02
Transporter DetailsAdded
03
Vehicle & ModeTracked
04
e-Way Bill NumberGenerated
05
Validity & StatusLive
E-WAY BILL

Connect Your Invoices With Your Logistics

Create and manage e-Way Bill workflows alongside your sales and dispatch processes.

Manage

e-Way Bill generationTransporter detailsVehicle detailsTransport modeDistancePart-B detailse-Way Bill numberValidityCancellationStatus tracking

The official e-Way Bill system supports API-based generation among its supported methods.

ACCOUNTING DATA & INTEROPERABILITY

Bring Your Existing Accounting Data With You

Already using another accounting system? 118 Accounting can support structured data exchange and migration workflows so you can move your accounting information without rebuilding everything from scratch.

Import & Export

Customers
Vendors
Ledgers
Items
Opening Balances
Sales
Purchases
Receipts
Payments
Journals
Credit Notes
Debit Notes

Supported Data Exchange

ExcelCSVXMLJSON

Accounting Software Compatibility

For businesses using platforms such as Tally, supported data formats and integration methods can be used for data migration, import/export and interoperability.

FINANCIAL CONTROL

Know Your Complete Financial Position

Get a real-time view of your business financial health.

Assets₹ 42.8L
Liabilities₹ 18.4L
Capital₹ 24.4L
Revenue₹ 24.8L
Expenses₹ 8.4L
Profit₹ 16.4L
Cash₹ 7.2L
Bank₹ 18.2L
Receivables₹ 3.9L
Payables₹ 2.1L
Inventory₹ 6.7L
Working Capital₹ 22.3L
FINANCIAL STATEMENTS

Professional Financial Reporting

Generate financial statements and reports from your accounting data.

Balance Sheet
Profit & Loss Account
Trial Balance
Cash Flow Statement
Fund Flow Statement
Receipts & Payments
Trading Account
Income & Expenditure
General Ledger
Day Book
Cash Book
Bank Book
BUSINESS ANALYTICS

Turn Accounting Data Into Business Insights

Go beyond book keeping and understand how your business is performing.

Gross Profit
Net Profit
Gross Margin
Net Margin
Current Ratio
Quick Ratio
Working Capital
Inventory Turnover
Receivable Days
Payable Days
Sales Trends
Expense Trends
Cash Flow Trends

Ratio analysis can provide business owners and management with indicators such as working capital, current ratio, quick ratio, gross profit percentage, net profit percentage and inventory turnover.

AUTOMATION

Let Your Accounting Work for You

Automate repetitive financial workflows.

Recurring Invoices
Payment Reminders
Transaction Categorization
Document Capture
Expense Processing
GST Calculations
Bank Reconciliation
e-Invoice Workflows
e-Way Bill Workflows
Financial Reports
Smart Automation
BUILT FOR INDIA

Accounting Designed Around
Indian Business Requirements

01

GST

Manage GST through out your sales and purchase cycle.

02

e-Invoice

Manage electronic invoicing workflows.

03

e-Way Bill

Connect invoicing with transportation documentation.

04

Multi-State GST

Manage multiple registrations and locations.

05

Indian Accounting

Generate complete financial statements and business reports.

06

Banking

Connect and reconcile your financial transactions.

07

Data Migration

Bring existing accounting data into your new system.

WHO IS 118 ACCOUNTING FOR?

Built for Businesses Across India

Traders & Distributors
Manufacturers
Wholesalers
Retail Businesses
E-Commerce Businesses
Service Businesses
Professional Firms
Startups & SMEs
Multi-Branch Businesses
Accounting & CA Firms

Make Your Accounting Smarter With AI.

Simplify GST. Automate your books. Understand your numbers. Grow your business.