Gen BAL Reviews

Summary: This software presents an excellent functionality and supports all types of businesses and individuals

Positive: After using the Gen Balance Sheet software for five years, I can easily generate my UDIN registration with it. I also use it to calculate ratios for multiple years and merge two trial balance files. I even prepared the company auditor’s report, CARO, IFCR, Notes to Accounts, Director’s Report, Representation Letter, Notice, Certificate of Confirmation, Balance Sheet as per Schedule III, and more. The working process of this software is very simple and manages all your tasks efficiently.

Negative: Prepare the Auditor Report and Tax Audit Forms 3CA, 3CB and 3CD

Summary: With a large or small company requirement, you can access it easily and save all your data on a desktop

Positive: I use this software to file to import my Tally data into the Gen Balance sheet software. Also, it can easily merge the two balance sheet data. The advanced features of this software are cash and fund flow, Form 15CA and 15CB, Form 16 and 16A, etc, with unlimited user access. I also remember that during the deadline period, I was very much depressed about how I failed, but thank you, support team, they resolved all of my queries immediately.

Negative: Advanced software for easy access by users and businesses

Summary: Best software for making a balance sheet, profit and loss statement and audit report, such as 3CA, 3CB and 3CD

Positive: Gen Balance Sheet is a widely used software for preparing balance sheets. For 10 years, I used this to simplify the process of preparing profit and loss statements, importing financial data from Busy and Tally. Additionally, after using this, it can generate cash flow statements, prepare audit documents, and calculate depreciation quickly and easily.

Negative: Generate the financial reports easily and on time for me

Summary: A trustworthy software for developing financial reports and audit return filings with minimal effort.

Positive: As a CA, I file tax audit forms 3CA, 3CB, and 3CD, which can be easily submitted using the Gen Balance Sheet software. It also allows importing and exporting trial balance data with third-party tools like Busy, Excel, and Tally.

Negative: The cloud-based version is not available in this software

Summary: The software efficiently generates my financial data and simplifies the process of completing audit returns

Positive: I used the Gen BAL software to import balance sheet data from third-party tools like Tally, MS Excel, and Busy. With its help, I can easily conduct a tax audit and file my company reports online without any hassle. It also saves all my data securely for future use.

Negative: The company should consider improving its user interface (UI)

Summary: Excellent software for me because I have been using it for many years. It is an impressive software for tax auditors who have a huge turnover and are also integrated with third-party software.

Positive: Easy to Prepare Profit & Loss and Accounts Notes
Facility of Fast Generation of UDIN Registration
Update Tax Audit Report
Merge Different Trial Balance
Calculation of Depreciation Chart
Prepare Trading Account in Column Format
Display Ratios for Multiple Years
Cash and Fund Flow
Import data from Tally, Ms-excel, Miracle, and Busy

Negative: The software does not have a Cloud Version for the taxpayers

Summary: Overall, my experience with the Gen Balance sheet software has been positive. It is a comprehensive tool that effectively accomplishes its objective.

Positive: I have been utilizing the services of Gen Bal Software for several years now, and I must say it is one of the most reliable and widely used balance sheet preparation software available in the market. In my personal experience, it has proven to be an indispensable tool that simplifies the arduous task of balance sheet preparation. I highly recommend it to anyone seeking a seamless and efficient software solution for their balance sheet preparation needs.
Accounts Payable produced in compliance with Schedule III
The process of registering and creating a Unique Document Identification Number (UDIN)
Tax Audit Report
Preparation of trading accounts
Calculation of deferred tax
Preparing Cash Flow and Fund Flow Statements
Complete Audit Report

Negative: The Gen balance sheet software does not have cloud-based functionality. Additionally, I may need to manually make adjustments to accommodate periodic software updates.