OmniAccountWhy OmniAccount
Why not a spreadsheet?
A spreadsheet has a plus column and a minus column. Real books have two sides that must agree. That one rule is the difference between a list of numbers and accounts you can trust.
| The problem | In a spreadsheet | In OmniAccount |
|---|---|---|
| A rent receipt where the tenant deducted TDS | One number, the TDS is lost or in a note | One line split three ways: bank, TDS receivable, full rent income |
| Money you moved from the bank to your own cash | Looks like an expense | A transfer between two accounts, never an expense |
| Money you put into the business yourself | Looks like income | Owner equity: contributions, drawings, capital |
| The same bank line pasted twice | Counted twice | Flagged as a possible duplicate before it is saved |
| A mistake fixed last month | Gone, no trace | Void and replace: the old line stays restorable, the audit log keeps the change |
| Five businesses in three currencies | Five files, one manual total | Five entities, one net-worth view at the real rates of the day |
| The accountant needs to see it | Email the file, hope for the best | Invite with limited access: see and enter, not own |
| Does it balance? | If you did the formulas right | Always: a transaction cannot be saved unless Debit equals Credit |
Plain words first
Money In, Money Out, Received from, Paid to. Debit and Credit are a setting, not a requirement. Tally words appear only inside Help, as translations.
Built around Indian statements
HDFC, ICICI, Bank of India and similar statements paste or upload cleanly. Lakh number format, Indian date formats, ₹ and seven other currencies.
Everything derives from the data
A total, a status or a due amount is never a stored guess. It is computed from the real transactions every time you look.
See the difference with your own statement.
Paste one month of bank rows and assign them. Free for a year.