Margin Ledger · Every feature
Everything Margin does today.
Margin proposes the routine entries as bills, invoices, payroll and bank lines come in, and a person approves each one before it reaches the books. Everything here works today: the books come with the Books plan, payroll with the Payroll plan and both with Books + Payroll, and where something needs Masthead or an add-on, it says so.
Accounting core
Your ledger, where nothing is posted until a person approves it.
Finance home
Cash today across your bank accounts and cash in hand, the next statutory deadline, how many entries need you, and this month's money in and out.
Review inbox
Bills, claims, invoices, payroll, bank lines and opening balances each propose a journal entry, and it reaches the books only when someone approves it.
Trial balance
Every account with its debits, credits and balance, so you can see that the books balance.
Statements from the ledger
The balance sheet, profit and loss, and cash flow, as of any date, straight from the entries posted.
Opening balances from Tally
Upload your trial balance from Tally as a CSV, match any ledger names it can't place, and Margin posts one opening entry.
Loans and provisions
Each loan keeps its schedule so interest and repayments are proposed each month, and provisions hold costs you expect but have not been billed for.
Month-end close
A checklist for the month, from the Review inbox cleared to bank lines matched, and a lock that stops anything being posted to a closed month.
Purchases and expenses
Bills and claims, from the moment they arrive to the approval.
Bills and expenses
Enter a vendor's invoice, petty cash, a statutory payment, a card spend or your own claim, booked to a company and a cost head.
Bills read for you
Attach the bill as a PDF or photo, and Margin fills in the vendor, amounts, GST, invoice number and date for you to check.
Approvals by amount
Each bill goes to the right approver by its amount, under the approval rules you set, and on to the next tier when it's above their limit.
Late approvals escalated
After 48 hours with no answer, an expense goes up to an admin, and the people it was waiting on are told in the app and by email.
Expense claims
People claim money back with the receipt, and approved claims are paid with the next salary or in a separate payment run.
Recurring bills
Set up a monthly, quarterly or yearly bill once; Margin drafts it each time, and can book its cost to the right month when the bill is late.
Payables by age
What you owe each vendor by age, every open bill, a check that the books agree with the bills, and each vendor's ledger.
Banking
Bank accounts, statements, payments and reconciliation.
Bank statement upload
Upload the statement from your bank's website as a CSV or text file; Margin reads the common layouts and skips lines it already has.
Bank recon
Each statement line is matched with a payment run, a bill, a receipt or a rule, and you keep the suggestion or choose the account yourself.
Payment runs
Tick approved bills, make a payment run, download the bank file to upload to your bank, then add the UTR once the bank has paid.
Bank file templates
Templates for HDFC and ICICI bulk payments to start with, and your own in CSV or XLSX for any other bank.
Vendor bank changes checked
A vendor's new bank details wait out a cooling-off period, and finance and admins are emailed a link to stop the change if it looks wrong.
Card statements
Upload a company card statement as a PDF or picture, and Margin matches it with the expenses entered and shows what is missing on either side.
Transfers between accounts
Money moved between your own accounts goes through review and approval, then is matched on both statements.
Sales
GST invoices, what customers owe, and getting paid.
GST invoices
Lines with HSN or SAC, quantity, price and GST rate, with GST split into CGST and SGST or IGST from your state and the customer's.
Invoice series
A prefix and financial year for each GST registration, so issued invoices are numbered in order, such as INV/2026-27/0001.
Customers and balances
Each customer's billing name, GST number and state, with their opening balances uploaded from a CSV.
Receivables by age
What each customer owes, from 0 to 30 days and older, with receipts recorded against their invoices.
Reminders to customers
Send a customer a reminder from Receivables, and every one is kept with the exact words sent.
Revenue from your invoices
Issued invoices, less credit notes, are your revenue in the P&L, the board pack and your GST returns.
GST
Worked out from your books, for you or your CA to file on the portal.
GSTR-1 and GSTR-3B
Worked out for each month from the sales invoices and credit notes you issue in Margin, your bills and GSTR-2B.
Filed figures checked
Record the figures your CA filed, and Margin shows whether the books agree.
GSTR-2B matching
Upload GSTR-2B to see which vendors haven't filed and which bills can't claim credit yet, with a reminder if it isn't in by the 16th.
Vendor credit and debit notes
Record a vendor's credit or debit note against the original invoice, with its GST and reason, and send it for approval.
GST numbers by state
Add a GST number for each state you're registered in; invoice series, returns and GSTR-2B uploads use them.
Statutory calendar
TDS deposit on the 7th, GSTR-1 on the 11th, PF and ESI on the 15th, GSTR-3B on the 20th, professional tax on the 28th and advance tax each quarter, with the next one on Finance home.
TDS
Deducted on bills and salaries, deposited by challan and returned each quarter.
TDS on vendor bills
Each bill carries its TDS section and rate, such as 194C, 194J or 194I, with a default for each vendor, and TDS comes off what you pay.
TDS on salaryPayroll
Worked out under the new regime by default and spread over the remaining months, or set by hand for someone on the old regime.
TDS challans
Record each challan with its CIN, allocate the deductions it paid, and see which deductions aren't on a challan yet.
26Q and 24Q returns
Generate the quarterly return file, 26Q for vendors and 24Q for salaries, for your CA to check and file.
Form 16Payroll
Each person's certificate for the financial year, made from approved, locked payroll runs.
Payroll
Salaries worked out, checked and locked each month.
Payroll runs
Generate the month's run, check the warnings for missing PAN or bank details, joiners and leavers, then approve and lock it.
Unpaid days from attendanceWith Masthead Team
Absent days, half days and unpaid leave are counted from attendance and leave, with Trace showing the record behind each day.
Unpaid days by hand
Override LOP days on anyone's line, with a reason, when there's no attendance to count or a figure needs correcting.
PF, ESI and professional tax
Worked out by the year's rule pack, with the PF ECR and ESIC contribution files to download for the portals.
Payslips and salary file
Everyone is emailed when the run is approved and can download their payslip as a PDF, and you download the bank file to pay salaries.
Salary entries for the booksBooks + Payroll
An approved run proposes the salary cost and its payment as two entries in the Review inbox.
Reopen with a trail
Reopen an approved run to change it; what it had posted is reversed, and the run's history keeps every change and who made it.
Salaries and pay reviews
Salary structures, income tax declarations, salary bands and increments.
Salary structures
Basic, HRA and allowances on each person's record, with the date they apply from, and every change kept in the audit log.
Tax declarations
Each person chooses the new regime or asks for a manual monthly TDS, and sees their estimated tax and the TDS paid so far.
Tax review
Everyone's regime, estimated yearly tax, monthly TDS and TDS paid so far on one page, with an override where it's needed.
Salary bands
A minimum, midpoint and maximum for each role, level and city, with every person shown below, in or above their band.
Increment cycles
Propose each rise with its reason against a budget, approve it, then apply the cycle with each increment letter ready.
Compensation ratios
Compa-ratio by designation, the spread of pay, and people paid less than someone with less experience.
Reports and the board pack
The month in numbers, for you, your board and your investors.
Monthly board pack
The P&L by company, the trend over 6 to 24 months and the balance sheet, with your commentary, to share with your investors.
P&L in layers
Revenue, then direct, acquisition and fixed costs as CM1 to CM3, then EBITDA and net profit, by month, quarter or year.
Cash-flow forecast
Your bank balance over the next 90 days, with best, likely and worst cases, and a warning when the 30-day figure drops below your alert level.
Finance dashboard
This month's spend against budget by category, the approvals waiting, and bills due in the next seven days.
Budgets by cost head
Upload a budget by cost head and month; an expense that would take the month over it needs an approved exception.
Your own reports
Ready reports, such as unpaid bills by age, top vendors and TDS by section, to run or download as CSV, and your own saved alongside.
Your team and your CA
Who opens the finance pages, what each role can change, and how your CA works with you.
Finance roles
Admin, Leadership and Finance roles and board members open the finance pages; everyone else can still claim expenses, see payslips and fill in a tax declaration.
Permissions by role
Choose what each role can do, from approving expenses at each tier to seeing vendor bank details or posting to the ledger.
Your CA's own sign-in
Add your CA with the Finance role, and they sign in to the same books with 1936 AI, using their own email.
Approval delegations
Hand your expense approvals to someone for a set time while you are away.
Tally export
Pick the dates and make a file to import into Tally; each expense goes once, so a re-run takes only new and corrected ones.
Tally mapping
Set the Tally ledger name once for each cost head, vendor, GST rate, TDS section, bank account and card.
Tie-out with your CA
Upload your CA's trial balance for any date, and Margin compares it with its own, account by account.
Settings, email and chat
Setting up your company, keeping its details safe, and the add-ons for email and chat.
Setup guide
Eight steps, from your categories and cost heads to bank file templates, each marked complete or skipped for now.
Masters to start with
Categories, GST and TDS rates and two approval tiers are ready; you add your cost heads, vendors and bank accounts.
Company details
Legal name, PAN, TAN, CIN, PF and ESIC codes and GST numbers in one place, and changing them needs a six-digit code emailed to you.
Sensitive details protected
Vendor bank details and employees' PAN and bank details are stored encrypted and shown masked, and every reveal is logged.
Auto-tasks for financeWith Masthead Work
Payments due, statutory deadlines, statements to upload, GSTR-2B to match and TDS returns to file become tasks for your finance team.
Own email domainAdd-on
Board packs and reminders to customers and vendors come from your own domain, such as finance@mail.yourcompany.com.
Chat alertsAdd-on
Bills waiting for approval, GST returns due soon and payroll ready for review, posted in Slack, Microsoft Teams or Google Chat.
More about Margin.
Close this month's books by the 5th.
14 days free, no card needed. Then from ₹1,999 a month, plus GST.