Every event posts its own journal.

The accounting product in the Graviton suite — a sub-ledger system where every lending event posts its own balanced double-entry journal: disbursals, EMIs, charges, waivers, write-offs and provisioning, aligned to GAAP with GST and TDS handled, rolled up to a real-time trial balance, P&L and balance sheet.

It runs lending accounting end to end — sub-ledgers, journals, trial balance, P&L and balance sheet — and integrates with your ERP or corporate GL where one exists, with entry downloads and opening-balance migration. Many lenders run it as their book of record for the loan business and feed summarised entries to a group ERP.

Both, chosen per product. Under accrual, income is recognised as it is earned, with periodic and upfront accrual support; under cash, income is recognised on receipt. The same event posts differently by basis, automatically — as the ledger above shows — and manual journals with maker-checker cover adjustments.

NPA tagging drives automated provisioning entries to the P&L and unrecognises accrued-but-unpaid income per RBI norms; when the account regularises, the reversals post automatically the same night. No month-end spreadsheet, and every entry drills down to the source account.

Charges split automatically into fee income and GST output liability at the moment of posting, with GST invoices generated; TDS is handled on applicable entries. Tax lines are never booked as income and never keyed by hand.

Because every event posts as it happens, the trial balance tallies through the day and end-of-day closes in minutes rather than weeks — with EOM and EOY closure reports, branch-based views, and auditor-ready entry downloads. Lenders running Graviton end to end report a nightly close in around sixteen minutes.