Set up your company and financial year

Create your company, add its locations, and create the financial year before the first invoice.

Add your company

  1. Go to Companies and tap Add Company (or Create Company if you have none).
  2. Fill in the form with your legal name, GSTIN, address and state. FSSAI No. is required for every new company.
  3. Save. The company becomes your active company.

Create the financial year

  1. Go to Settings & Admin > Financial Years and tap New Financial Year. A window titled Create Financial Year opens.
  2. Choose the Financial Year Starting. The Start Date, End Date and Display Name are shown and can be checked. In India the year usually runs April to March.
  3. Check the opening balances with Review Opening Balances. The active year is marked Current. Each year row also has Close Year and Lock Year buttons. Locking a year is a separate, deliberate step, so do it only when the books for that year are final.

Add locations

Go to Operations > Locations and add each store, warehouse or branch.

Before your first invoice

  1. Check that the company state matches the state of your GSTIN.
  2. Create one test invoice and check the print layout and tax split.
Changing legal or tax details affects future documents. Confirm material changes with your accountant.