LLP financial statements software — the ICAI format, done properly

LLPs have their own ICAI format — Partners’ funds, the partners’ remuneration line, and their own notes. LaziLeo prepares it in the browser: upload the Trial Balance, review the auto-mapped groupings, and export a signature-ready PDF and Excel. Fixed and fluctuating capital methods both supported, partner-wise.

Built for how LLP accounts actually work

  • Balance Sheet with Partners’ funds — contribution and current accounts, partner by partner
  • Statement of Profit and Loss with the partners’ remuneration line, per the ICAI Guidance Note
  • Single or fixed-plus-current capital account methods, with agreed contribution
  • Cash Flow Statement (AS-3, indirect method) and the full set of notes
  • Maker-checker review workflow and a firm dashboard across all your LLP and company files
  • Signature-ready PDF and matching Excel export

Frequently asked questions

Does LaziLeo follow the ICAI LLP format?

Yes. LLP statements are prepared per the ICAI Guidance Note on Financial Statements of Limited Liability Partnerships, which applies from FY 2025-26 to LLPs whose turnover exceeds Rs 5 crore and from FY 2026-27 to all LLPs — Partners’ funds in place of shareholders’ funds, the partners’ remuneration line in the Statement of Profit and Loss, and the prescribed notes. LLPs are a dedicated section in LaziLeo, not a re-labelled company format.

How are partners’ capital accounts handled?

Both methods are supported: a single capital account, or fixed-plus-current accounts with agreed contribution — the format LLP agreements typically require. Partner-wise details flow into the notes automatically.

Where does the data come from?

Upload a Trial Balance exported from Tally, Zoho Books, BUSY, Marg, Vyapar, Kitaabh or any accounting software. LaziLeo auto-maps the ledgers to the LLP format heads and gives you a review screen to confirm every grouping before statements are generated.

What does it cost for an LLP?

Your first entity is free — full statements in the app with a watermarked preview PDF. After that it is ₹299 per entity per financial year, the same for a company, an LLP and a non-corporate entity. Prices exclude GST; a GST tax invoice is issued for every charge. Firms filing in volume can take the season pass instead: ₹7,500 for unlimited entities until 30/11/2026, one payment, no auto-renewal.

Can my firm work on LLP files together?

Yes — a firm workspace with admin, preparer and reviewer roles, a maker-checker review workflow, and a firm dashboard that shows every file’s milestone and who is working on it.

Related reading

Talk to us before you commit

Tell us how many LLPs and other entities you prepare each year. We will reply with a straight answer about whether this fits your practice — and what it would actually cost.

Entities you prepare a year

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What we do with it: we use your name and phone number only to call you about this enquiry. You can withdraw at any time by writing to privacy@lazileo.com, or by telling the caller. Grievances: Sudheer Lokanadham, Grievance Officer, Nirrathna Technologies Private Limited, grievance@lazileo.com. If a grievance is not resolved to your satisfaction you may complain to the Data Protection Board of India at its online portal, or in writing to the Board — see lazileo.com/privacy for the current address and procedure.

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Full statements in the app · watermarked preview PDF · no card, no time limit

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