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Questions, answered.
What is Schedule III Ind AS, and why does it matter?
Schedule III of the Companies Act 2013 defines the format every Indian company must use when presenting financial statements. The Ind AS variant aligns with global accounting standards. FinLens ships with the full row structure pre-built — you map your GLs once and your statements line up exactly the way auditors expect.
Can I build custom report templates beyond Schedule III?
Yes. Report Builder lets you clone Schedule III or start from blank, add row keys (line / header / subtotal / formula), set indentation and bold, and compose formulas from other rows with sign and multiplier. Cycle detection prevents circular references.
How does GL mapping work?
Your Chart of Accounts loads from Tally, ERP, or CSV. In the Mapping screen, drag each GL onto a row key from the active template. Save once and FinLens refreshes every period's rollups automatically. Reupload a corrected TB and the rollups recompute against the existing mappings.
Do you support Excel uploads, or only CSV?
Both. CSV, XLSX, and XLS files are accepted. We auto-detect GL Code, GL Name, and Closing Balance columns — and handle the Debit/Credit two-column format as well as Closing-Balance-only single column.
Can FinLens handle multi-entity group consolidation?
Yes. Add each company under a parent tenant, upload its TB, and FinLens rolls up group-level statements with FX conversion. Intercompany eliminations are on the roadmap; today you can flag and manually adjust in the Audit Entries layer.
How is my data secured?
TLS in transit, encryption at rest, role-based permissions at the company and entity level, full audit log of every upload and mapping change. We never train models on customer data. SOC 2 audit is in progress; documentation available on request.