Schedule 3 Report (P&L and Balance Sheet) - India


This is Harshit here from Frappe Team, I require assistance from your end.
I wanted to understand the specifics of Schedule III (old VI) format as per the Companies Act and how can we implement it in ERPNext.

  • What account heads and accounts are to be included and excluded?
  • Is the format standard for all the companies?
  • What are the exceptions to it?
  • What filters and components I should focus on?

Please comment if you can help gather the requirements.