Archives April 15, 2025

Oneflow General Ledger
How OneFlow Accounting Software Provides and Generates a General Ledger

Managing your business finances doesn’t have to be complicated. With OneFlow Accounting Software, you get a robust and automated General Ledger system that keeps your financial data accurate, up-to-date, and audit-ready. From tracking income and expenses to generating financial statements, OneFlow simplifies it all—saving you time and boosting your financial confidence.

What Is a General Ledger?

A General Ledger (GL) is the backbone of your accounting system. It records every financial transaction and categorizes it into key accounts such as:

  • Assets
  • Liabilities
  • Equity
  • Income
  • Expenses

This comprehensive structure helps you monitor your company’s financial health and prepare essential reports like balance sheets and income statements.

✅ How OneFlow Automatically Generates a General Ledger

OneFlow Accounting Software transforms manual accounting into an automated, seamless experience. Here’s how:

1. Automatic Transaction Entries

Each time you create a sale, purchase, or payment in OneFlow, it’s automatically recorded in your General Ledger under the appropriate account type. This reduces manual input and human error.

2. Real-Time Ledger Updates

Your GL updates in real-time with every transaction, giving you instant visibility into your financial data. Stay informed without waiting for monthly reports.

3. Customizable Account Categories

Whether you’re tracking sales income, operational expenses, or tax liabilities, OneFlow lets you tailor the chart of accounts to suit your specific business structure.

4. Built-In Reporting Tools

Generate comprehensive financial reports like trial balances, profit & loss statements, and audit logs directly from the General Ledger—perfect for tax filing and decision-making.

5. Always Audit-Ready

With an automatic audit trail, your financial data is transparent, traceable, and always ready for inspection—ensuring stress-free audits.

✅ Seamless Integration Across Modules

OneFlow’s General Ledger doesn’t operate in isolation. It integrates effortlessly with:

  • Accounts Payable & Receivable
  • Inventory Management
  • Payroll
  • Tax Reporting (VAT, TDS, Custom Taxes)

This creates a unified view of your finances, with all transactions flowing automatically into the GL.

Oneflow Software Dashbord
Oneflow Software Dashbord

✅ Why Businesses in Nepal Choose OneFlow’s General Ledger

Here’s why OneFlow is considered one of the best accounting software solutions in Nepal:

  • ✅ Accuracy: Automated entries eliminate human error.
  • ✅ Efficiency: Save hours with real-time data syncing.
  • ✅ Compliance: Stay aligned with Nepalese tax laws and standards.
  • ✅ Customization: Adapt the system to your unique business model.
  • ✅ Audit-Ready: Easily generate and share audit trails.

Final Thoughts

With OneFlow’s General Ledger feature, you get more than just a financial record—you gain a real-time financial management tool. Whether you’re a growing startup or a large enterprise, OneFlow helps you stay organized, compliant, and confident in every financial decision

Oneflow Tax Reporting Software
How OneFlow Accounting Software Generates VAT, TDS, and Custom Tax Reports

Staying on top of taxes can be complex and time-consuming, but with OneFlow Accounting Software, managing VAT, TDS, and custom tax reports has never been easier. Our software automates tax calculations, simplifies reporting, and ensures your business remains compliant with local tax laws.

What Are VAT, TDS, and Custom Tax Reports?

  • VAT (Value Added Tax): A tax added to the sale price of goods and services. Businesses are required to collect VAT from customers and remit it to the government.
  • TDS (Tax Deducted at Source): A system where tax is deducted from payments made to individuals or entities, such as salary payments, contract payments, or rent. This ensures that tax is collected at the source.
  • Custom Tax Reports: These reports are tailored to your specific business and tax requirements, allowing you to generate and track other taxes relevant to your operations, such as sales tax or service tax.
Oneflow Tax Reporting Software
Oneflow Tax Reporting Software

How OneFlow Simplifies Tax Reporting

OneFlow’s tax reporting features are designed to automate and streamline your tax-related tasks. Here’s how the software works to generate accurate VAT, TDS, and custom tax reports:

  1. Automatic Tax Calculation
    OneFlow automatically calculates VAT and TDS on every eligible transaction based on pre-set rules, ensuring that your tax amounts are accurate. No need for manual calculations—just enter the transaction details, and OneFlow takes care of the rest.
  2. Real-Time Tax Tracking
    As your business grows, keeping track of VAT and TDS liabilities can be challenging. OneFlow helps by providing real-time updates and tracking, so you always know how much tax you owe or how much you’ve already paid.
  3. Generate VAT and TDS Reports
    OneFlow generates ready-to-file VAT and TDS reports, complete with accurate details on tax amounts, dates, and recipient information. These reports are designed to meet your local tax authority’s requirements, helping you stay compliant without the stress.
  4. Custom Tax Reports for Your Business
    Whether you’re dealing with industry-specific taxes or other local levies, OneFlow lets you create custom tax reports tailored to your business. You can configure the system to track and report on any taxes relevant to your operations, providing flexibility and convenience.
  5. Seamless Integration
    OneFlow integrates your tax calculations with the entire accounting system. This means that VAT, TDS, and other taxes are automatically accounted for in your General Ledger, reducing the risk of missing or duplicating entries.
  6. File Tax Returns with Confidence
    With OneFlow, you can confidently prepare and file your tax returns on time. The software ensures that your tax reports are up-to-date, accurate, and compliant with tax regulations, giving you peace of mind and minimizing the risk of errors.

Why Use OneFlow for VAT, TDS, and Custom Tax Reporting?

Using OneFlow for tax reporting comes with numerous benefits:

  • Accurate Calculations: Eliminate the risk of manual errors in VAT, TDS, and other tax calculations.
  • Time-Saving Automation: Save hours of manual work by automatically generating tax reports with a click.
  • Compliant Reports: Stay compliant with local tax laws, ensuring your business meets all reporting deadlines.
  • Customizable Reports: Tailor tax reports to your specific business needs, making sure you’re covering all relevant taxes.
  • Audit-Ready: OneFlow keeps a clear and organized record of your tax filings, ensuring you’re always prepared for an audit.

With OneFlow, tax reporting is streamlined, automated, and stress-free. Focus more on growing your business and less on tax calculations—let OneFlow handle the complexities for you.