A new ledger

Light is the AI-native ERP platform for multinational companies providing

AR, AP, bookkeeping, statutory reporting and consolidated reporting.

A new ledger

Light is the AI-native ERP platform for multinational companies providing

AR, AP, bookkeeping, statutory reporting and consolidated reporting.

A new ledger

Light is the AI-native ERP platform for multinational companies providing

AR, AP, bookkeeping, statutory reporting and consolidated reporting.

A new ledger

Light is the AI-native ERP platform for multinational companies providing

AR, AP, bookkeeping, statutory reporting and consolidated reporting.

Backed by same investors as

Backed by global investors as

Easy credits and debits for multinationals

A ledger to handle accounting and reporting for multinational business. Accompanied by best-in-class

AP, AR, vendor card, and procurement solutions.

Sales and tax

Total (gross) sales

12,000.56 EUR

Purchases subject to use tax

12,000.56 EUR

Total (add lines 1 and 2)

12,000.56 EUR

Sales to other retailers for resale

12,000.56 EUR

Nontaxable sales of food products

12,000.56 EUR

Nontaxable labor (repair and installation)

12,000.56 EUR

Sales to the United States government

12,000.56 EUR

Sales in interstate or foreign commerce

12,000.56 EUR

Sales tax (if any) included in line 1

12,000.56 EUR

Other deductions (clearly explain)

12,000.56 EUR

Total of exempt transactions (add lines 4 through 10)

12,000.56 EUR

Taxable transactions (subtract line 11 from line 3)

12,000.56 EUR

Total sales and use tax (multiply line 12 by

12,000.56 EUR

Excess tax collected (enter excess tax collected, if any)

12,000.56 EUR

Total tax (add lines 13 and 14)

12,000.56 EUR

Less tax prepayments

Remaining tax due (subtract line 16 from line 15)

200,000.00 EUR

PENALTY: (multiply line 17 by 10 percent [0.10] if payment is made, or your tax

return is filed, after the due date shown above)

200,000.00 EUR

Box B - goods - are reported for "EU sales without VAT". The value of goods sold without VAT in ten other EU countries.

200,000.00 EUR

Box B - goods - are not reported for "EU sales without VAT".
The value of, for example, installation and assembly, remote sales and new means of transport for non-VAT-registered customers without VAT to other EU countries.

200,000.00 EUR

Section B - benefits. The value of certain service sales without VAT to other EU countries. Reported to "EU sales without VAT".

200,000.00 EUR

Section C. The value of other goods and services that are supplied without tax in this country, in other EU countries and in countries outside the EU, cf. section 52, subsection of the executive order. 10

200,000.00 EUR

State

California

Tax period

Oct 2023 - Oct 2023

VAT report

Output tax (VAT payable)

200,000.00 EUR

VAT on goods purchased abroad (both the EU and third countries

0 EUR

VAT on services purchased abroad with reverse charge obligation

12,000.56 EUR

Deductions

Input tax (VAT deductible)

200,000.00 EUR

Oil and bottled gas duty

0 EUR

Electricity duty

12,000.56 EUR

Carbon duty

12,000.56 EUR

CO2 duty

12,000.56 EUR

Water charge

12,000.56 EUR

VAT in total

12,000.56 EUR

Additional Information

Category A - goods. The value without VAT of goods purchased in other EU countries (EU acquisitions)

200,000.00 EUR

Category A - services. The value without VAT of service purchases in other EU countries

200,000.00 EUR

Box B - goods - are reported for "EU sales without VAT". The value of goods sold without VAT in ten other EU countries.

200,000.00 EUR

Box B - goods - are not reported for "EU sales without VAT".
The value of, for example, installation and assembly, remote sales and new means of transport for non-VAT-registered customers without VAT to other EU countries.

200,000.00 EUR

Section B - benefits. The value of certain service sales without VAT to other EU countries. Reported to "EU sales without VAT".

200,000.00 EUR

Section C. The value of other goods and services that are supplied without tax in this country, in other EU countries and in countries outside the EU, cf. section 52, subsection of the executive order. 10

200,000.00 EUR

Entity

Acme ApS

Tax period

Oct 2023 - Oct 2023

Profit and Loss

Sep 2023, EUR

INCOME

Sales

4,141,511.00

TOTAL INCOME

4,141,511.00

COST OF GOODS SOLD

COGS

20,415.00

TOTAL COST OF GOODS SOLD

20,415.00

GROSS PROFIT

20,415.00

OPERATING EXPENSES

Bank charges fees

21,140.00

Business development

176,401.00

Advertising & marketing

132,415.00

Website & software

22,846.00

Total Business development

176,401.00 EUR

Insurance

1,120.00 EUR

Legal & professional Services

15,261.00 EUR

Office Supplies & software

25,251.00 EUR

Payroll Expenses

3,155,261.00 EUR

Contractors

155,437.00 EUR

Payroll Fees

1,626.00 EUR

Salaries & Wages

2,998,198.00 EUR

Total Payroll Expenses

3,155,261.00 EUR

Transaction services

117,225.00 EUR

TOTAL OPERATING EXPENSES

3,511,5591.00 EUR

NET OPERATED INCOME

84,336.00 EUR

Apr 23

130k

May 23

114k

Jun 23

116k

Jul 23

117k

Aug 23

131k

Sep 23

132k

Advertising & marketing

132,415

Accounts payables

Real AI to read your invoices, cut errors, and speed up approvals with Slack & Teams.

Drop a bill to upload...

Light assistant will take

care of the rest

PWC_12_bill.pdf

Expense Management

Automate expense approvals, track spending in real-time, and gain insights with AI-powered analytics.

Today

Light

10:27 PM

Here is what I got from the receipt:

Description: SAS CPH to STO
Category: Travel expenses
Cost center: Engineering

Original amount: 3,341.51 SEK

Reimbursed amount: 2,341.51 DKK

Jonathan Sanders

10:27 PM

Receipt upload

(200 kb)

Message Light

Light

Messages

About

Cards

Issue vendor and employee cards with Apple Pay and Google Pay globally. Upload receipts via Slack/Teams or email.

Google workspace

8620

8620

8620

8620

Procurement

Simplify purchase order creation, approval workflows, and invoice reconciliation for efficient procurement processes.

PO-002

Created 14 Oct 2023

PO

PWC_12_bill.pdf

Legal

Steve Roy

IT

Anna Holt

Manager

Lee Chu

Account receivables

Handle subscription, contracts, ramp-ups, discounts and downgrade/upgrade.

Widget Company
EUR 20,000

30 Jan

Paid

Received by customer

14 Jan

12 Jan

Invoice sent

1 Jan

Invoice drafted

Vendor Management

See when contracts are up for renewals,

create custom tasks and add notes to manage the vendor life-cycle.

124255

Paid

Card payments, account change

322112

Paid

Card payments, account change

321321

Paid

Quarterly platform access fee

123123

Scheduled

Card payments, account change

808023

Approval

Annual contract fee

123456

Card payments, account change

Inbox

Invoice number

State

Description

154351

16171457

27457

245727

45734567

34753

375473

456473

345735647

3567356

35673567

35673

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Amount

Emissions

USD 18,112.83

1,024.4 kg CO2

USD 122,252.67

1,024.4 kg CO2

USD 12,424.22

1,024.4 kg CO2

USD 12,112.84

1,024.4 kg CO2

USD 11,442.11

1,024.4 kg CO2

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

App hosting for Q2

Analytics tool subscription

Cloud-based monitoring and analyti...

Travel and hotel for conference

App hosting for Q1

Analytics tool subscription

Travel and hotel for conference

Travel and hotel for conference

App hosting for Q4

Analytics tool subscription

Travel Cloud-based monitoring and...

Travel and hotel for conference

Carbon Footprint

Real-time reporting of your carbon footprint with full audit trail. Start your net-zero journey while building a healthy business.

Journal summery

Footprint

Carbon emissions

13,4 kg CO2e

Scope

Scope 3

Emissions Category

Cloud_computing

Region

UK

Footprint

Easy credits and debits for multinationals

A ledger to handle accounting and reporting for multinational business. Accompanied by best-in-class

AP, AR, vendor card, and procurement solutions.

Sales and tax

Total (gross) sales

12,000.56 EUR

Purchases subject to use tax

12,000.56 EUR

Total (add lines 1 and 2)

12,000.56 EUR

Sales to other retailers for resale

12,000.56 EUR

Nontaxable sales of food products

12,000.56 EUR

Nontaxable labor (repair and installation)

12,000.56 EUR

Sales to the United States government

12,000.56 EUR

Sales in interstate or foreign commerce

12,000.56 EUR

Sales tax (if any) included in line 1

12,000.56 EUR

Other deductions (clearly explain)

12,000.56 EUR

Total of exempt transactions (add lines 4 through 10)

12,000.56 EUR

Taxable transactions (subtract line 11 from line 3)

12,000.56 EUR

Total sales and use tax (multiply line 12 by

12,000.56 EUR

Excess tax collected (enter excess tax collected, if any)

12,000.56 EUR

Total tax (add lines 13 and 14)

12,000.56 EUR

Less tax prepayments

Remaining tax due (subtract line 16 from line 15)

200,000.00 EUR

PENALTY: (multiply line 17 by 10 percent [0.10] if payment is made, or your tax

return is filed, after the due date shown above)

200,000.00 EUR

Box B - goods - are reported for "EU sales without VAT". The value of goods sold without VAT in ten other EU countries.

200,000.00 EUR

Box B - goods - are not reported for "EU sales without VAT".
The value of, for example, installation and assembly, remote sales and new means of transport for non-VAT-registered customers without VAT to other EU countries.

200,000.00 EUR

Section B - benefits. The value of certain service sales without VAT to other EU countries. Reported to "EU sales without VAT".

200,000.00 EUR

Section C. The value of other goods and services that are supplied without tax in this country, in other EU countries and in countries outside the EU, cf. section 52, subsection of the executive order. 10

200,000.00 EUR

State

California

Tax period

Oct 2023 - Oct 2023

VAT report

Output tax (VAT payable)

200,000.00 EUR

VAT on goods purchased abroad (both the EU and third countries

0 EUR

VAT on services purchased abroad with reverse charge obligation

12,000.56 EUR

Deductions

Input tax (VAT deductible)

200,000.00 EUR

Oil and bottled gas duty

0 EUR

Electricity duty

12,000.56 EUR

Carbon duty

12,000.56 EUR

CO2 duty

12,000.56 EUR

Water charge

12,000.56 EUR

VAT in total

12,000.56 EUR

Additional Information

Category A - goods. The value without VAT of goods purchased in other EU countries (EU acquisitions)

200,000.00 EUR

Category A - services. The value without VAT of service purchases in other EU countries

200,000.00 EUR

Box B - goods - are reported for "EU sales without VAT". The value of goods sold without VAT in ten other EU countries.

200,000.00 EUR

Box B - goods - are not reported for "EU sales without VAT".
The value of, for example, installation and assembly, remote sales and new means of transport for non-VAT-registered customers without VAT to other EU countries.

200,000.00 EUR

Section B - benefits. The value of certain service sales without VAT to other EU countries. Reported to "EU sales without VAT".

200,000.00 EUR

Section C. The value of other goods and services that are supplied without tax in this country, in other EU countries and in countries outside the EU, cf. section 52, subsection of the executive order. 10

200,000.00 EUR

Entity

Acme ApS

Tax period

Oct 2023 - Oct 2023

Profit and Loss

Sep 2023, EUR

INCOME

Sales

4,141,511.00

TOTAL INCOME

4,141,511.00

COST OF GOODS SOLD

COGS

20,415.00

TOTAL COST OF GOODS SOLD

20,415.00

GROSS PROFIT

20,415.00

OPERATING EXPENSES

Bank charges fees

21,140.00

Business development

176,401.00

Advertising & marketing

132,415.00

Website & software

22,846.00

Total Business development

176,401.00 EUR

Insurance

1,120.00 EUR

Legal & professional Services

15,261.00 EUR

Office Supplies & software

25,251.00 EUR

Payroll Expenses

3,155,261.00 EUR

Contractors

155,437.00 EUR

Payroll Fees

1,626.00 EUR

Salaries & Wages

2,998,198.00 EUR

Total Payroll Expenses

3,155,261.00 EUR

Transaction services

117,225.00 EUR

TOTAL OPERATING EXPENSES

3,511,5591.00 EUR

NET OPERATED INCOME

84,336.00 EUR

Apr 23

130k

May 23

114k

Jun 23

116k

Jul 23

117k

Aug 23

131k

Sep 23

132k

Advertising & marketing

132,415

Accounts payables

Real AI to read your invoices, cut errors, and speed up approvals with Slack & Teams.

Drop a bill to upload...

Light assistant will take

care of the rest

PWC_12_bill.pdf

Expense Management

Automate expense approvals, track spending in real-time, and gain insights with AI-powered analytics.

Today

Light

10:27 PM

Here is what I got from the receipt:

Description: SAS CPH to STO
Category: Travel expenses
Cost center: Engineering

Original amount: 3,341.51 SEK

Reimbursed amount: 2,341.51 DKK

Jonathan Sanders

10:27 PM

Receipt upload

(200 kb)

Message Light

Light

Messages

About

Cards

Issue vendor and employee cards with Apple Pay and Google Pay globally. Upload receipts via Slack/Teams or email.

Google workspace

8620

8620

8620

8620

Procurement

Simplify purchase order creation, approval workflows, and invoice reconciliation for efficient procurement processes.

PO-002

Created 14 Oct 2023

PO

PWC_12_bill.pdf

Legal

Steve Roy

IT

Anna Holt

Manager

Lee Chu

Account receivables

Handle subscription, contracts, ramp-ups, discounts and downgrade/upgrade.

Widget Company
EUR 20,000

30 Jan

Paid

Received by customer

14 Jan

12 Jan

Invoice sent

1 Jan

Invoice drafted

Vendor Management

See when contracts are up for renewals,

create custom tasks and add notes to manage the vendor life-cycle.

124255

Paid

Card payments, account change

322112

Paid

Card payments, account change

321321

Paid

Quarterly platform access fee

123123

Scheduled

Card payments, account change

808023

Approval

Annual contract fee

123456

Card payments, account change

Inbox

Invoice number

State

Description

154351

16171457

27457

245727

45734567

34753

375473

456473

345735647

3567356

35673567

35673

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Amount

Emissions

USD 18,112.83

1,024.4 kg CO2

USD 122,252.67

1,024.4 kg CO2

USD 12,424.22

1,024.4 kg CO2

USD 12,112.84

1,024.4 kg CO2

USD 11,442.11

1,024.4 kg CO2

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

USD 18,112.83

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

1,024.4 kg CO2

App hosting for Q2

Analytics tool subscription

Cloud-based monitoring and analyti...

Travel and hotel for conference

App hosting for Q1

Analytics tool subscription

Travel and hotel for conference

Travel and hotel for conference

App hosting for Q4

Analytics tool subscription

Travel Cloud-based monitoring and...

Travel and hotel for conference

Carbon Footprint

Real-time reporting of your carbon footprint with full audit trail. Start your net-zero journey while building a healthy business.

Journal summery

Footprint

Carbon emissions

13,4 kg CO2e

Scope

Scope 3

Emissions Category

Cloud_computing

Region

UK

Footprint

Easy credits and debits for multinationals

A ledger to handle accounting and reporting for multinational business. Accompanied by best-in-class AP, AR, vendor card, and procurement solutions.

Accounts payables

Real AI to read your invoices, cut errors, and speed up approvals with Slack & Teams.

Drop a bill to upload...

Light assistant will take

care of the rest

PWC_12_bill.pdf

Expense Management

Automate expense approvals, track spending in real-time, and gain insights with AI-powered analytics.

Cards

Issue vendor and employee cards with Apple Pay and Google Pay globally. Upload receipts via Slack/Teams or email.

Google workspace

8620

8620

8620

8620

Procurement

Simplify purchase order creation, approval workflows, and invoice reconciliation for efficient procurement processes.

PO-002

Created 14 Oct 2023

PO

PWC_12_bill.pdf

Legal

Steve Roy

IT

Anna Holt

Manager

Lee Chu

Account receivables

Handle subscription, contracts, ramp-ups, discounts and downgrade/upgrade.

Widget Company
EUR 20,000

12 Jan

14 Jan

1 Jan

Invoice sent

Invoice drafted

Received by customer