Exemption

An Exemption is an amount of a taxpayer's income that is not subject to tax. All individuals trusts, and estates qualify for an exemption unless they are claimed as a dependent on another individual's tax return.

Top 3 reasons leaders pick Light

An all-inclusive platform

Leverage native products for AP, AR, Procurement and budgeting that seamlessly leverage AI and integrates to Slack and Teams

Drop a bill to upload...

Light assistant will take

care of the rest

PWC_12_bill.pdf

Superior performance

Whether you are processing 100,000 or 50 million transactions, the Light Ledger is based on a hyper-performant database

9400035282

10010000 - Petty Cash

USD -177,619.31

Cleared

400,142,125 entries

Beautiful reporting

Stop the reporting headache of legacy solutions, and get fast, intuitive reports with instant drill-drown capabilities

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

Top 3 reasons leaders pick Light as an ERP

An all-inclusive platform

Leverage native products for AP, AR, Procurement and budgeting that seamlessly leverage AI and integrates to Slack and Teams

Drop a bill to upload...

Light assistant will take

care of the rest

PWC_12_bill.pdf

Superior performance

Whether you are processing 100,000 or 50 million transactions, the Light Ledger is based on a hyper-performant database

9400035282

10010000 - Petty Cash

USD -177,619.31

Cleared

400,142,125 entries

Beautiful reporting

Stop the reporting headache of spreadsheets, and get fast, intuitive reports with instant drill-drown capabilities

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

An all-inclusive platform

Leverage native products for AP, AR, Procurement and budgeting that seamlessly leverage AI and integrates to Slack and Teams

Drop a bill to upload...

Light assistant will take

care of the rest

PWC_12_bill.pdf

Superior performance

Whether you are processing 100,000 or 50 million transactions, the Light Ledger is based on a hyper-performant database

9400035282

10010000 - Petty Cash

USD -177,619.31

Cleared

400,142,125 entries

Beautiful reporting

Stop the reporting headache of spreadsheets, and get fast, intuitive reports with instant drill-drown capabilities

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

“Trouble-shooting our consolidated reporting has never been easier”

– Dayane, Senior Accountant

More reasons to love Light

Enjoy integrated products that both finance and the employees enjoy using

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

Vendor Management

Streamline vendor relationships with simplified onboarding, tracking supplier performance, and enforcing procurement policies.

808023

123456

Invoice number

123123

321321

322112

124255

154351

16171457

27457

245727

45734567

34753

375473

456473

345735647

3567356

35673567

35673

State

Inbox

Approval

Scheduled

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Description

Amount

Emissions

Card payments, account change

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

Annual contract fee

Card payments, account change

Quarterly platform access fee

Card payments, account change

Card payments, account change

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

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

Google workspace

8620

8620

8620

8620

More reasons to love Light

Enjoy integrated products that both finance and the employees enjoy using

Expense Management

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

Vendor Management

Streamline vendor relationships with simplified onboarding, tracking supplier performance, and enforcing procurement policies.

808023

123456

Invoice number

123123

321321

322112

124255

154351

16171457

27457

245727

45734567

34753

375473

456473

345735647

3567356

35673567

35673

State

Inbox

Approval

Scheduled

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Description

Amount

Emissions

Card payments, account change

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

Annual contract fee

Card payments, account change

Quarterly platform access fee

Card payments, account change

Card payments, account change

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

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

Google workspace

8620

8620

8620

8620

“Trouble-shooting our consolidated reporting has never been easier”

– Dayane, Senior Accountant

“Trouble-shooting our consolidated reporting has never been easier”

– Dayane, Senior Accountant

More reasons to love Light

Enjoy integrated products that both finance and the employees enjoy using

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

Vendor Management

Streamline vendor relationships with simplified onboarding, tracking supplier performance, and enforcing procurement policies.

808023

123456

Invoice number

123123

321321

322112

124255

154351

16171457

27457

245727

45734567

34753

375473

456473

345735647

3567356

35673567

35673

State

Inbox

Approval

Scheduled

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Paid

Description

Amount

Emissions

Card payments, account change

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

Annual contract fee

Card payments, account change

Quarterly platform access fee

Card payments, account change

Card payments, account change

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

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