Gen BAL vs. Wity Comparison


Gen BAL SAG Infotech Pvt Ltd	Wity	+	+
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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 At wity , we place people at the heart of digital. Each entrepreneur has his own accountant, dedicated to his business. A question? Contact your accountant online via your wity space, by email, video or phone! With our accounting management software, we provide you with innovative tools to simplify the management of your business on a daily basis. wity then refocuses on its core business: accounting advice and support for your success! No more piles of bills and bank statements on the corner of the desk! Wity is: secure bank synchronization , simple categorization of your banking transactions, quick attachment of your invoices, etc. Wity is also a quality accounting support : accounting writing, advice, balance sheet, annual account, tax return, tax declarations, VAT declaration... and online appointments with the accountant!
Platforms Supported Windows Supported Mac Not Supported Linux Not Supported Cloud Not Supported On-Premises Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported
Audience Accountants and tax professionals seeking a solution to manage their financial processes	Audience Companies in need of an online chartered accountant solution
Support Phone Support Supported 24/7 Live Support Supported Online Not Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing ₹6000 per year Installation Price - ₹6000 + 18% GST Updation - ₹3500 + 18% GST Free Version Not Supported Free Trial Supported	Pricing No information available. Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 5.0 / 5 ease 5.0 / 5 features 4.9 / 5 design 4.2 / 5 support 5.0 / 5 Read all reviews	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 Supported Webinars Not Supported Live Online Not Supported In Person Supported	Training Documentation Not Supported Webinars Not Supported Live Online Not Supported In Person Not Supported
Company Information SAG Infotech Pvt Ltd Founded: 1999 India saginfotech.com/GenBal.aspx	Company Information Wity France wity.fr
Alternatives Tally Book Tallybook.org	Alternatives Indy
REVREX	Expert/M Wolters Kluwer
CAIMS	myBooksAI Zetran
Gen XBRL Software SAG Infotech	Fizen
VRTrust VRPlatform View All	DigiBoox View All
Categories Accounting Supported	Categories Accounting Supported
	Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Not Supported Billing & Invoicing Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Not Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Not Supported Nonprofits Not Supported Payroll Management Not Supported Project Accounting Supported Purchase Orders Not Supported Tax Management Supported
Integrations No info available.	Integrations No info available.
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