USE CASES · FINANCE

Financial records and statutory archive, organised by period and ready on demand.

Statutory documents are the ones you rarely open and absolutely must produce: balance sheets, GST filings, tax records, board and secretarial papers. Abscode organises them by period, retains them to your policy, and makes any year's file a single lookup when an auditor or the tax office asks.

A record per period Retention set to your policy Any year's file on demand
THE PROBLEM

An archive that is merely stored is not enough

Statutory records accumulate year after year and get filed by whoever closed the books that period, in whatever structure made sense at the time. Years later, when a tax notice, a due-diligence request or a statutory audit asks for a specific year's documents, the archive is a maze, and the retention clock nobody was tracking may already have created a gap.

These documents carry legal retention obligations and hard deadlines. An archive that is merely stored is not enough, it has to be organised by period and reliably retrievable.

HOW IT WORKS IN ABSCODE

Every period is a record, produced on demand as a complete file

Financial and statutory documents are organised by period, so each year, quarter or month holds its own file and nothing is left to whichever structure last made sense.

STEP 1 · STRUCTURE

Organise by period

Each financial year, quarter or month is a record, holding its balance sheet, GST filings, tax records and statutory documents together in one place.

STEP 2 · CAPTURE

File each document against its period

Documents are captured against the period they belong to, read and verified against their document type, so the file for a year builds up correctly as the period closes.

STEP 3 · RETAIN

Retain to your policy

Each document type is retained for the duration you set, and the retention clock is watched for you rather than left to whoever remembers, so records are kept for exactly as long as they must be.

STEP 4 · PRODUCE

Produce any year on demand

When an auditor or the tax office asks, a period's complete file is a single lookup, with the older, rarely-touched records held economically in the background but still retrievable at once.

Recurring close and filing, on schedule

Financial cycles repeat, the monthly and quarterly close and the annual filings, and each carries a deadline. Abscode lets you schedule the recurring close and filing checklists so they raise on time and are tracked to completion. The calendar runs itself, with the record to prove each period was closed.

Built for statutory retention

Abscode watches statutory retention so records are kept for exactly as long as they must be, then disposed of on schedule. Retention is set per document type to your own policy, so the archive stays ready for a statutory audit or a tax notice without anyone tracking the clock by hand.

DOCUMENTS & RECORDS KEPT

Every statutory document, filed against its period

You retrieve by what a document is about, the period and the type, not by remembering which folder someone saved it in.

Documents filed under each period

Balance sheets and financial statements, GST and tax filings, and statutory and secretarial documents, each filed against its period, with retention set to your policy.

Index fields you actually search on

Each document carries the fields you search and report on, such as financial year, quarter or month and document type, so any period's file surfaces in seconds.

CONFIGURABLE TO YOUR POLICY

The default flow works out of the box, then adapts to you

Set the period structure, the documents each period holds, retention and who has access, all from the default flow and without code. The same model runs every finance process, so nothing here is a one-off.

WHY TEAMS CHOOSE ABSCODE

An archive you can produce from, not just store in

The things that make a statutory archive trustworthy, built into the process rather than left to whoever closed the books.

Records, not folders

Everything about a statutory period lives in one record, retrieved by what a document is about, not by which folder someone saved it in.

The system does the data entry

Abscode reads each document, extracts the fields that matter and verifies them against the document type. No manual typing, no misfiled paper.

Real approval workflows

Maker-checker, review and sign-off are built in, and every action is written to a complete audit trail you can hand to an auditor.

Pay for usage, not per user

Give your whole team access. You pay for what you use, storage, activity and AI, not for a seat count that punishes you for growing.

Proven where it counts

Abscode DMS is built on a document platform proven at massive scale, billions of records and millions of pages in production.

Make any year's statutory file a single lookup.

Book a demo and we will walk your close, retention and archive through Abscode, or start with the finance archive template.

KEEP EXPLORING

More finance processes, and how it all fits

The statutory archive also connects to industry workflows in accounting and CA firms and manufacturing, running on the same records, AI extraction and approval model.

FINANCE HUB

Finance document management

Vendor, KYC and customer documents, and a statutory financial archive, verified and filed against the right record.

See the finance hub →
VENDORS

Vendor document management

Every vendor's contracts, KYC and tax documents in one record, with renewals flagged before they lapse and a payment is held up.

Know more →
KYC

KYC document management

Collect, verify and mask customer and borrower KYC and loan files, so each file is complete and ready for inspection.

Know more →
CUSTOMERS

Customer document management

Customer records, agreements and correspondence in one place, retrieved by who the document is about, not by which folder someone chose.

Know more →
CONFIGURATION

How configuration works

See how the default flow adapts to your policy: control levels, stages, approvers and access groups.

See how it works →
QUESTIONS?

Frequently asked

Can we produce a specific year's statutory file for an audit?
Yes. Each period is a record, so producing a year's complete file is a single lookup rather than a hunt through folders.
Does it handle retention?
Yes. Retention is set to your policy per document type, so records are kept for as long as they must be and disposed of on schedule.
How are older records stored?
Rarely-accessed records are held economically in the background but remain retrievable on demand.
Who can access financial records?
Access is controlled, so statutory and financial documents are visible only to finance and the people you authorise.