---
title: Month-end is when you find the leak
description: "Month-end is when you find the leak. Finance in Mach ERP holds the ledger, receivables, payables, GST and TDS on the same books as the job."
url: "https://www.macherp.in/modules/finance"
---
[Modules](https://www.macherp.in/#s6) Finance

Finance

# 

The ledger, receivables, payables, GST and TDS sit on the same books as the sales order and the GRN, in the same login as sales and stores.

[Book a demo](https://www.macherp.in/contact)[WhatsApp](https://wa.me/919205687326?text=Hello%2C%20I%20want%20to%20see%20the%20Finance%20module%20of%20Mach%20ERP.)

One ledger

## 

The modules share one ledger.

INV-0007Tax invoice · Northgate Engineering PostedBILL-0007Vendor bill · Ridgeway Alloys PostedJW-0007Job-work bill · heat treatment PostedPRO-0007Production order · operations Posted

Journal **INV-0007**

Posted from the invoice

| Account                         | Dr       | Cr       |
| ------------------------------- | -------- | -------- |
| Customer receivable · Northgate | 4,60,200 |          |
| Sales                           |          | 3,90,000 |
| IGST output                     |          | 70,200   |
| Balanced                        | 4,60,200 | 4,60,200 |

Dummy data. Harbour Tools. Amounts in ₹.

Month-end

## 

Stock as per books says one number. The count says another. The gap has been there all month, and now someone has to explain it to the CA.

What posts as it happens

* Production cost posts to the ledger as each operation completes, not at month-end.
* TDS is worked out when the vendor bill is booked, under sections such as 194C and 194Q.
* GSTR-1 and GSTR-3B data is prepared from the books, not rebuilt in a spreadsheet.

What stops happening

* A stock gap found on the 31st and explained to the CA
* GSTR-1 and GSTR-3B rebuilt in a spreadsheet
* Sales and stores in one login, the books in another

* Ledger
* Receivables
* Payables
* GST
* TDS
* E-invoicing

Covers

## 

* Ledger
* Receivables
* Payables
* GST
* TDS
* E-invoicing
* The modules share one ledger.
* GSTR-1 and GSTR-3B data is prepared from the books, not rebuilt in a spreadsheet.
* TDS is worked out when the vendor bill is booked, under sections such as 194C and 194Q.
* Ask for the report in plain words. Get AR aging, or six months of MSME dues, without an export ritual.
* Mach ERP flags what looks wrong in your own numbers, before you sign.

Works with

[SalesThe ₹ 40 lakh order is still in WhatsApp.](https://www.macherp.in/modules/sales)[MaterialsStock is a spreadsheet. The dock is a queue.](https://www.macherp.in/modules/materials)[ControllingYou cannot see which job ate the margin.](https://www.macherp.in/modules/controlling)

Questions

## 

### Is finance a separate login from sales and stores?

No. The books, GST and receivables sit in the same login as sales and stores.

### Do receivables tie back to the order?

Yes. Customer balances sit on the same books as the sales order. Vendor balances sit with the GRN.

### Do we still rebuild GSTR-1 and GSTR-3B in a spreadsheet?

No. GSTR-1 and GSTR-3B data is prepared from the books, not rebuilt in a spreadsheet.

### When is TDS worked out?

TDS is worked out when the vendor bill is booked, under sections such as 194C and 194Q.

### Does production cost reach the books?

Yes. Production cost posts to the ledger as each operation completes, not at month-end.

Finance

## 

Bring a Tally export or an item list. We will show you what it looks like in Mach ERP.

[Book a demo](https://www.macherp.in/contact)[WhatsApp](https://wa.me/919205687326?text=Hello%2C%20I%20want%20to%20see%20the%20Finance%20module%20of%20Mach%20ERP.)

Publisher: ATTAINMACH33 LLP
LLPIN: ACX-7112
GSTIN: 06ACOFA1573G1ZE
Address: 630 Tower 4, RPS 12th Avenue, 2/6 Milestone, Main Mathura Rd, Faridabad, Haryana 121003
Email: contact@mach33.in
Phones: +91 85957 46459, +91 92056 87326
Facts: https://www.macherp.in/agents