Comparison
ThynkFile vs IRIS Carbon: Full Comparison
IRIS Carbon focuses on XBRL conversion. ThynkFile covers the entire workflow — from Trial Balance to financial statements, XBRL, Board's Report, and AOC-4 filing.
Feature-by-Feature Comparison
See how ThynkFile and IRIS Carbon stack up across the full compliance workflow.
| Feature | ThynkFile | IRIS Carbon |
|---|---|---|
| Trial Balance to Financial Statements | Yes — full automation | No — XBRL only |
| Board's Report Generation | Yes — 55-65% auto-filled | No |
| AOC-4 Auto-Fill | ~90% auto-fill | Partial |
| XBRL Instance Document | Yes — included in every plan | Yes — core product |
| AI-Powered GL Mapping | Yes — 3-layer engine | No |
| Cash Flow Statement | Auto-generated (indirect method) | Not applicable |
| Notes to Accounts | 30+ disclosure templates | Not applicable |
| CARO 2020 Annexure | Yes — 16 clauses | Not applicable |
| Multi-Client Management | Yes — firm-level dashboard | Per-company workflow |
| Tally / Zoho / QuickBooks Import | Yes — direct integrations | Manual upload |
| Pricing | From ~₹79/client (annual) | ₹2,000–5,000 per company |
| Free Tier | 3 companies free | No free tier |
Why CAs Choose ThynkFile
End-to-End Workflow
IRIS Carbon starts after you have financial statements. ThynkFile starts from your Trial Balance and generates everything, including the XBRL.
10x Lower Cost
IRIS Carbon charges ₹2–5K per company for XBRL alone. ThynkFile includes XBRL in every plan starting at ~₹79/client annually.
AI-Powered Mapping
No manual GL-to-taxonomy mapping. The 3-layer engine handles 85%+ of GL lines automatically, improving with every correction.
Board's Report Included
IRIS Carbon does not generate Board's Reports. ThynkFile auto-fills 55–65% of the Section 134 template from your financial data.
Multi-Client Dashboard
Manage 50–150 clients from one dashboard with filing status tracking, deadline reminders, and bulk operations.
Accounting Software Integration
Direct imports from Tally Prime, Zoho Books, and QuickBooks. No manual data extraction needed.
Learn More
Try ThynkFile Free
Upload one Trial Balance and see the full output — financial statements, XBRL, Board's Report, and AOC-4 — in under 60 minutes. Free for the first 3 companies.