Gen BAL

Gen BAL

SAG Infotech Pvt Ltd
VRTrust

VRTrust

VRPlatform
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+

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About

SAGInfotech's Gen Balance Sheet Software is the premier choice for any tax professionals and chartered accountants (CA) who need to maintain their P&L and balance sheet account statements. The software also makes cash flow statements in Excel format. It is a comprehensive financial document that prepares and simplifies the task for tax accounting professionals. It offers different kinds of features, including the calculation of accounts, and various user-friendly financial statements in a very easy-to-understandable format. Additionally, the software offers Import and export options, which makes it integrate with third-party popular applications such as Tally and Busy. This permits users to perfectly manage their financial data in a single place.

About

VRTrust is an all-in-one vacation rental accounting software built for short-term rental property managers, accounting teams, and growing portfolios. Manage trust accounting, operations accounting, owner statements, bank reconciliation, financial reporting, and owner payouts in one connected platform. VRTrust helps teams automate complex accounting workflows, reconcile OTA payouts to bank activity, track revenue and expenses by property, manage owner funds, monitor guest balances, and maintain a clear general ledger. Built-in reporting includes profit and loss statements, balance sheets, trial balances, trust reconciliation, lodging tax reporting, owner statements, and property-level financial insights. With bank feeds, automated reconciliation tools, customizable fees and commissions, multi-property reporting, ACH owner payouts, API access, and AI-ready workflows through MCP, VRTrust reduces manual work and gives property managers greater confidence in their numbers at scale.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Accountants and tax professionals seeking a solution to manage their financial processes

Audience

Designed for vacation rental property managers, in-house accounting teams, and bookkeeping firms

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

β‚Ή6000 per year
Installation Price - β‚Ή6000 + 18% GST

Updation - β‚Ή3500 + 18% GST
Free Version
Free Trial

Pricing

$375/month
Minimum subscription for 25 listings,
Volume-tier discounts for larger portfolios.
Free Version
Free Trial

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 4.9 / 5
design 4.2 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • I am extremely satisfied with Gen Balance Sheet Software as it simplifies my audit and financial reporting assignments while keeping them up to date. The software automatically prepares Profit & Loss Accounts, Notes to Accounts, and Schedule III-compliant Balance Sheets. It also helps me generate audit documentation, financial statements, CARO reports, Directors’ Reports, certificates, and other statutory documents with ease. Additionally, I can conveniently download templates and import them into the software, which saves time and enhances productivity.
  • I use this software in my firm to prepare Profit and Loss statements and Notes to Accounts as per Schedule III and Schedule VI requirements. The software allows automatic preparation of the Balance Sheet, both with and without the Revised Schedule III format. It also provides depreciation computation as per the Income Tax Act and the Companies Act, along with preparation of the Fixed Asset Register. Additionally, I can easily import and export data through Excel, eliminating the need for manual data entry.
  • 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.
  • 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.
  • 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.

Cons

  • The software is equipped with advanced features and is regularly updated with the latest utilities and templates.
  • I have not experienced any drawbacks or dislikes while using this software.
  • Prepare the Auditor Report and Tax Audit Forms 3CA, 3CB and 3CD
  • Advanced software for easy access by users and businesses
  • Generate the financial reports easily and on time for me

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

SAG Infotech Pvt Ltd
Founded: 1999
India
saginfotech.com/GenBal.aspx

Company Information

VRPlatform
Founded: 2021
United States
www.vrplatform.app

Alternatives

Tally Book

Tally Book

Tallybook.org

Alternatives

Resort Management System (RMS)

Resort Management System (RMS)

Advanced Management Systems
Gen XBRL Software

Gen XBRL Software

SAG Infotech
Klik

Klik

Web Perspective

Categories

Categories

Accounting Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
CPA Firms
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Vacation Rental Features

Contact Management
Fee / Commission Management
Guest Reviews / Ratings
Housekeeping Management
Lead Management
Owner Statements
Payment Processing
Property Database
Reservations Management
Vendor Management
Work Order Management

Integrations

Airbnb
Authorize.Net
Avantio
Booking.com
Guesty
Hospitable
Hostaway
Hostfully
Lodgify
Mews
OwnerRez
QuickBooks Online
Ramp
Sage Intacct
Smily
Stripe
Uplisting
Xero
apaleo

Integrations

Airbnb
Authorize.Net
Avantio
Booking.com
Guesty
Hospitable
Hostaway
Hostfully
Lodgify
Mews
OwnerRez
QuickBooks Online
Ramp
Sage Intacct
Smily
Stripe
Uplisting
Xero
apaleo
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