Features
The capabilities that make RapidLedger a complete, compliant and intelligent finance platform.
Platform
Multi-tenant
One login, many organizations. Data is fully isolated per tenant and scoped to your memberships.
Role-based access (RBAC)
Granular roles and permissions control who can view, create, edit and approve in each module.
Period & transaction locking
Close fiscal periods and lock posted entries to protect audited numbers.
Audit trail
Every mutation is logged with user, timestamp and a before/after diff.
Accounting engine
- True double-entry: every invoice, bill, payment and journal posts a balanced entry.
- Tally-style groups, ledgers and voucher types for a familiar workflow.
- Opening balances, recurring journals, budgets and currency adjustments.
- Fiscal period management with open / close / lock controls.
GST & e-compliance
Automatic GST splits
CGST/SGST for intrastate and IGST for interstate, computed per line from place of supply.
e-Invoicing & e-Way bills
Generate IRNs and movement documents directly from invoices and challans.
GSTIN validation
GSTIN format validated against all 38 Indian state/UT codes.
Return-ready reports
Tax summaries and registers structured for GST return filing.
Agentic AI
Eight AI agents automate the repetitive work and surface only what needs your judgement.
Document intake (OCR)
Extract structured data from invoices, bills and receipts — on-prem with Ollama if required.
AP automation
Turn supplier invoices into draft bills, matched to POs, ready for one-click approval.
Smart bank reconciliation
Suggests matches between bank statement lines and ledger entries.
Collections (AR agent)
Prioritizes overdue receivables and drafts follow-ups.
Human-in-the-loop
Integrations
Tally MCP sync
Pull live balances and stock from Tally Prime so RapidLedger ties to your existing books to the rupee.
Connectors
Extensible integration layer for banks, sales channels and external systems.
Reporting
- 114+ reports across 18 categories with search, sort and CSV export.
- Financials reconcile to Tally and the FY2024-25 Excel study to the rupee.
- Drawing Power, ageing (ledger & bill-wise) and inventory movement for banking and audit needs.