Ind-AS Financial Reporting Module | Automated Compliance for ERPNext
Indian companies following Ind-AS often struggle with complex adjustments and board-level reporting. We replace manual Excel-based processes with an automated engine for lease accounting, revenue recognition, and deferred tax revaluation.
About This Custom App
Indian companies following Ind-AS (IFRS-converged accounting standards) often struggle with complex adjustments, disclosures, and board-level reporting that standard ERP systems cannot handle efficiently. While ERPNext manages core accounting, most businesses rely on manual Excel-based processes for Ind-AS compliance—leading to errors, delays, and high audit costs. Hybrowlabs solves this with a native Ind-AS reporting module for ERPNext, eliminating the need for parallel systems. The solution automates key standards including Ind-AS 116 (Leases), Ind-AS 109 (Financial Instruments), Ind-AS 115 (Revenue Recognition), Ind-AS 12 (Deferred Tax), and Ind-AS 21 (Foreign Exchange). With automated adjustments, built-in disclosures, and board-ready financial statements, businesses can achieve accurate, audit-ready Ind-AS compliance directly within ERPNext.
Measurable Outcomes
Generate Ind-AS financial reports in hours instead of weeks
Achieve audit-ready financials with zero qualification risks
Trusted by NSE/BSE listed companies for Ind-AS compliance reporting
Why businesses choose it
Complete Ind-AS reporting solution built natively on ERPNext and Frappe
Eliminates Excel-based parallel reporting with a single source of truth
Ensures audit-ready financials with full traceability to journal entries
Continuously updated as per latest ICAI Ind-AS standards and compliance changes
Key Features
Automates Ind-AS 116 lease accounting with ROU asset and liability calculations
Enables Ind-AS 109 financial instruments classification and ECL provisioning
Streamlines Ind-AS 115 revenue recognition with contract and obligation tracking
Calculates Ind-AS 12 deferred tax with automated reconciliation reports
Handles Ind-AS 21 foreign exchange revaluation and translation adjustments
Generates board-ready disclosure notes automatically for Ind-AS reporting
Produces SEBI-format quarterly financial reports for listed companies
Where Ind-AS Reporting App Fits Best For Industry
Built for organizations that need automated Ind-AS calculations, board-ready disclosures, and ERP-linked statutory reporting across complex finance operations.
manufacturing
Used by chemical, pharmaceutical, automotive, and other manufacturers to manage lease accounting, deferred tax, and entity-wise compliance reporting.
trading
Used in import-export and trading businesses for revenue recognition, foreign exchange adjustments, consolidation, and statutory disclosures.
retail
Used by retail groups to prepare automated disclosures, audit-ready financial statements, and board reporting across brands or entities.
Ind-AS Adjustments & Disclosure Dashboard
A single source of truth for all Ind-AS revaluations, lease schedules, and regulatory-format financial reports.
Frequently Asked Questions
Common questions about standard coverage, listed company requirements, and consolidation.
Ind-AS 116 (Leases), 109 (Financial Instruments), 115 (Revenue), 12 (Deferred Tax), 21 (Foreign Exchange), 36 (Impairment), and 38 (Intangibles) — the standards with the most material financial statement impact.
Yes — the module works for both mandatorily and voluntarily adopting companies. Scope of reporting can be configured accordingly.
Yes — the module includes SEBI-prescribed disclosure templates for standalone and consolidated results filing on NSE/BSE.
Yes — the first-time adoption workstream is part of implementation. We compute Ind-AS 101 transition date adjustments and set up opening balances correctly.
Yes — consolidation across multiple ERPNext entities with intercompany eliminations is supported.
Typically 8–12 weeks, including chart of accounts mapping, first-time adoption computation, and user acceptance testing with your audit team.
Achieve 100% Ind-AS compliance directly in your ERP
Stop relying on error-prone offline files. Move your Ind-AS adjustments and reporting into the heart of your finance team’s workflow.
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