Industry & specialised accounting

Some businesses don’t fit a plain sales-and-purchases ledger. OnGravy ships purpose-built screens for the common Indian entity types and industries — each one speaks the vocabulary of that vertical (director sitting fees, APMC commission, corpus donations, PCM milestones) and books the right accounting behind the scenes. This chapter is the map: what each screen is for, where it lives, and what it books.

They all post real double-entry. Every surface below writes proper journal entries to the General Ledger — nothing here is a standalone register or a spreadsheet. Whatever you record shows up in your Trial Balance, P&L and Balance Sheet like any other transaction, with the statutory TDS/TCS handled where the section applies.

Company, LLP & partnership

SurfaceWhat it books
Company capital register
/dashboard/company/capital-register
Share issues and shareholding (with securities premium), dividend declarations and payouts (§194 TDS), and director sitting fees with §194J TDS; tracks authorised vs issued capital and feeds the MGT-7 annual return.
Partnership accounts
/dashboard/partnership/accounts
Partner capital and current accounts, capital introductions and drawings, partner loans with §40(b) interest, admit / retire / cease events, and profit distribution across partners.
LLP accounts
/dashboard/llp/accounts
Partner contributions, LLP loans and §40(b) interest, partner changes, and profit-share distribution — the LLP counterpart of the partnership ledger.
Secretarial documents
/dashboard/secretarial-documents
Generates drafts of AGM / Board meeting notices, minutes, MBP-1 (disclosure of interest) and DIR-8 (non-disqualification) declarations. Document drafting, not a GL posting.

Secretarial documents are prepare-only drafts for you or your CA to review, finalise and file — they are the one exception on this page that does not book to the ledger.

Trust / NGO

/dashboard/trust/accounting handles the accounting specific to charitable and not-for-profit entities:

  • Donations — recorded as corpus vs revenue (the distinction that matters for exemption), with 80G receipting.
  • CSR contributions and FCRA foreign-contribution tracking.
  • §11(5) investments — held in the permitted investment modes.

Agriculture

/dashboard/agriculture/accounts covers the agri value chain:

  • APMC / mandi commission with §194H TDS.
  • Crop sales through the mandi, dairy collection, and FPO (farmer-producer-organisation) accounting.
  • Agri trading with 206C(1H) TCS / §194Q TDS where the turnover thresholds are crossed.

Real-estate

/dashboard/realestate/accounts books project and development accounting:

  • Booking advances from buyers.
  • PCM milestone billing — revenue recognised on the percentage-completion method as construction milestones are hit.
  • JDA (joint-development-agreement) arrangements.

Professional practice

/dashboard/professional-practice is for professionals billing under §194J:

  • Invoices with §194J TDS on professional / technical fees.
  • TDS received tracked against your receipts, plus practice expenses and recurring retainers.

Import, export, e-commerce & restaurant

SurfaceWhat it books
Import purchases
/dashboard/import-purchases
Overseas purchases with customs duty, IGST on imports and landed-cost build-up into the purchase.
Export invoicing / FIRC
/dashboard/export-invoicing
Export invoices (with/without LUT) and FIRC foreign-inward-remittance realisation against them.
E-commerce sales
/dashboard/ecommerce-sales
Marketplace sales with platform commission, TCS collected by the operator, and settlement reconciliation.
Restaurant aggregator payouts
/dashboard/restaurant/aggregator-payouts
Aggregator (Swiggy / Zomato-style) payouts — gross sales, commission, aggregator TCS and the net settlement.

Manufacturing & assets under construction

SurfaceWhat it books
Production GL
/dashboard/manufacturing/production-gl
Manufacturing cost flow — raw material issued to WIP, conversion cost, and finished-goods on completion.
Capital WIP
/dashboard/assets/cwip
Capital-work-in-progress accumulation and capitalisation of assets under construction into fixed assets on commissioning.

Tax record-actions

These turn a tax event into the correct ledger posting (and the statutory artefact where there is one):

SurfaceWhat it books
Advance-tax challans
/dashboard/tax/advance-tax-challans
Records advance-tax challan payments and books them against the tax provision.
GST TDS / TCS
/dashboard/gst/tds-tcs
GST TDS (§51, GSTR-7) deducted and GST TCS (§52, GSTR-8) collected — each claimed as a receivable against output tax.
Business insurance register
/dashboard/insurance-register
Policies, premiums and the related expense / prepayment postings.
ITR-6
/dashboard/itr/itr6
Compiles the company return and exports the portal JSON for upload.
Loan EMI → GL
/dashboard/loans-emi
Splits each EMI payment into its principal and interest components and books both to the ledger.

Gotchas & good to know

  • Everything here posts to the same GL. A trust donation, a mandi sale and a company dividend all land in the one ledger and roll up into your statements — there is no separate set of books.
  • TDS/TCS is applied where the section fits — §194J on professional fees and sitting fees, §194H on APMC commission, §40(b) on partner-loan interest, 206C/§194Q on agri trading, and so on. The screen picks the right section for you.
  • Secretarial documents and ITR-6 produce artefacts, not ledger entries. Secretarial docs are review-and-file drafts; ITR-6 is a portal-JSON export. The rest of this page books real entries.
  • Not sure where something goes? Ask OnGravy (⌘I) can route you to the right screen — see AI in OnGravy.
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