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Financial Reckoner: Balance Sheet Maker

S Jha Legal Sansar & Associates

About the Balance Sheet Maker (Financial Reckoner)

The Financial Reckoner makes a complete set of financial statements: balance sheet, profit and loss account, notes to accounts, fixed asset schedule with depreciation, cash flow, capital accounts and key ratios. Upload the ITR JSON you filed (ITR-3, ITR-4, ITR-5 or ITR-6) and the figures fill in, or type them yourself. Choose the ICAI format for proprietors and firms, Schedule III under AS, or Ind AS for companies.

At a glance

What it does
Makes a balance sheet, profit and loss account, notes to accounts, fixed asset schedule, cash flow statement, capital accounts and ratios, from your filed ITR JSON or typed figures.
Who it is for
Proprietors, partnership firms, LLPs and companies that need financial statements for a bank, a loan or their records.
Free or paid
Paid. Filling in and the full preview cost nothing; you pay only when you download. The price is shown before you pay.
What you get
A PDF set of financial statements.
Your data
Your entries and files are read inside your browser and are not uploaded to our server. Only the payment goes through Razorpay.
Limits
The statements are only as correct as the figures in your ITR or what you type. They are not audited; an audit, where the law needs one, must be done by a Chartered Accountant.

How to use it

  1. Pick the entity: proprietor, partnership firm, LLP or company, and the format.
  2. Upload your filed ITR JSON, or type the figures.
  3. Check every statement on screen and correct anything you need.
  4. Pay and download the PDF, ready for the bank, a loan or your records.

Frequently asked questions

Can I make a balance sheet from my ITR JSON?

Yes. Download the JSON of your filed return from the income tax portal and upload it. The balance sheet and P&L schedules in ITR-3, ITR-5 and ITR-6 fill the statements; for ITR-4 the presumptive figures are used.

Which formats are supported?

The ICAI format for non-corporate entities (proprietors, firms, LLPs), Schedule III of the Companies Act under Accounting Standards, and Ind AS.

Is a balance sheet needed for a bank loan?

Usually yes. Banks ask for two or three years of balance sheets and P&L with the ITR. You can make each year here from that year's ITR JSON.

Is my data uploaded to your server?

No. The JSON is read inside your browser. Only the payment goes through Razorpay.

How much does it cost?

Preparing and checking the statements on screen costs nothing. The price is shown when you download the PDF.

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Last updated: 7 November 2026. How this tool works · Disclaimer

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