Financial Reporting & GST Compliance

Your accountant should spend hours on strategy, not data entry

When every invoice, payment, and expense is in Proactiq, generating financial reports takes seconds. Hand your accountant a CSV export and they have everything they need — without a single manual spreadsheet.

Exporting your financial data

From each list page (Invoices, Expenses), click Export CSV to download a complete record with all fields. Filter by date range before exporting to get a specific period.

GST return preparation

For GSTR-1 (outward supplies), your invoice export contains:

• Invoice number and date
• Client name and GSTIN
• Place of supply (state code)
• Taxable value
• CGST, SGST, IGST amounts separately
• Total invoice value

This maps directly to the GSTR-1 format. Your CA can import it into their GST filing tool or the GST portal directly.

The financial health check (monthly)

• Total invoiced vs total collected — your collection efficiency
• Outstanding invoices by age — prioritise collections
• Total expenses vs budget — spot overruns early
• Payroll as % of revenue — should stay below 40-50% for most businesses