GNUKhata v8.rc release note

We are excited to announce the release candidate for the next major version GNUKhata v8.0.

With this major release, the focus is given to improving reliability and stability of the application. This release has bug fixes, complete rewrite of UI and exciting new features. Following are the major supported features that will be shipped with GNUKhata v8.0.

🚀 Major Features

🧾 Sales & Purchase

• Invoice Management Create and manage Sales and Purchase Invoices with support for all standard fields and tax structures.

• Point of Sale (POS) Support Fast entry for over-the-counter sales with minimal steps.

• Delivery Notes Generate and manage delivery notes linked to invoices.

• Debit/Credit Notes Create debit or credit adjustments linked to invoices as per accounting standards.

• Payments and Receipts Tracking List and record payments and receipts linked to invoices.

• Contacts Management Manage your Customers and Suppliers with contact details, bank details and opening balance.

• Discount and Round-off Support Auto-calculate round-off values and apply line-level or invoice-level discounts.

• Multi-Payment and Credit Invoice Support Split payments across multiple modes or apply credit to invoices seamlessly.

• Product Packaging Details Include package types and units in product records to reflect actual shipment structure.

📘 Accounting

• Chart of Accounts Fully customizable chart with support for groups, subgroups, and account types.

• Voucher Management Record journal, payment, receipt, and contra vouchers with dual-entry enforcement.

• Adjust Bills Support Pay or receive against multiple bills using a single voucher; supports partial adjustments.

• Close Books and Roll Over Easily close financial books at year-end and roll over balances into a new financial year.

📦 Products & Services

• Inventory Item Master Maintain a list of products and services with category, HSN code, GST rate, and pricing.

• Multi-Godown Support Track inventory across multiple storage locations (godowns), each with its own stock levels.

• Custom Units and UQC Mapping Define custom Units of Measurement (UoM) with UQC codes, essential for GST compliance.

🧮 Taxation

• GST (Goods & Services Tax)

  • GSTR-1 Report: Monthly/custom period sales return view.
  • GSTR-1 JSON Export: Export ready-to-upload file for the GST portal.
  • Handles intra/interstate transactions.

• VAT Support VAT support to support custom taxes for products.

• GST + VAT Combined Use Can be enabled simultaneously for businesses that have both GST and VAT products.

• GST News Feed View news and circulars from the GST portal right inside the app.

🏦 Banking

• Multi-Bank Account Management Manage transactions across multiple bank accounts.

• IFSC Code Search Integrated IFSC search to auto-fill bank details during entry.

• Bank Reconciliation Match ledger entries against bank statements to ensure financial accuracy.

👥 Users & Roles

• Multi-Organisation Access One user can participate in multiple organisations with distinct roles in each.

• Role-Based Access Control (RBAC) Supports predefined roles:

  • Admin
  • Manager
  • Operator
  • Internal Auditor
  • Godown Incharge

• User Signup from Login Page Supports user self-registration, configurable via environment variables.

🛠 Administration & Settings

• Organisation Profile Management Store and update organisation info like name, address, GSTIN, logo, etc.

• User Invitation System Invite new users to an organisation via email.

• Audit Logs Full tracking of user actions – voucher creation, edits, logins, and admin activities.

• Import/Export Support

  • JSON: Fully supported import/export for all masters and transactions
  • XLSX: Partially supported for ease of manual entry/export

• System Configuration

  • Set date format (DD-MM-YYYY, etc.)
  • Set default godown
  • Allow/prevent negative stock
  • Toggle contact ledger tracking for party-wise transaction monitoring

📈 Reports

• Product Register View detailed stock movements by product/godown over a date range.

• Sales & Purchase Registers See Sales & Purchase Registers, with expanded table with tax splitup.

• Stock on Hand Real-time view of available stock across godowns.

• Profit & Loss Statement View P&L in vertical and horizontal layout.

• Cashflow Statement Visualize inflows and outflows, including non-cash adjustments.

• Trial Balance Quick accounting health snapshot with debit/credit balances.

• Ledger Report Drill-down transaction history for each account, with consolidated monthly reports.

• Balance Sheet View the financial position of the organisation by capital, liabilities and assets.

🧩 Other Enhancements

• Interactive Dashboard Summary statistics (total sales, expenses, cash on hand) and quick links to frequent tasks.

• Organisations Switcher Switch between multiple organisations and import/export directly from organisation select screen.

• Quick Action Button Fast access to create vouchers, invoices, and reports.

• Welcome Tour Onboarding tour for new users to explore the core features quickly.

🚧 Coming Soon

While this release brings a rich set of features, some key capabilities are still under development or partially supported. We’re actively working on the following:

📦 Business Features

• Non-Profit Accounting Support GNUKhata supports Non profits. It will be expanded with features including donor & grant module.

• Product Category Management Support for categories is work in progress and batch support is also on the roadmap.

• Budget Management Organisational budgets are under development.

• Audit Log The audit log we have now lists description and time of changes. It will be updated to support showing the changes made.

• GSTR-3B Filing Currently not supported. Support for GSTR-3B preparation and export are planned for the upcoming releases.

🧰 Technical

• API Documentation REST API endpoints are available, but the developer documentation is incomplete. Full OpenAPI/Swagger documentation is work in progress.

• Schema Validation JSON and data schema validations for API requests are only partially covered. We are actively expanding coverage across all input forms and APIs.

🔗 Stay Informed

• Issues & Suggestions: GNUKhata Issue List
• Gkcore (Backend) RC release notes: Gkcore Release Note

We welcome your feedback and contributions! Stay tuned for updates and continuous improvements in upcoming releases.