I am using this application as full accounting package.
Income part is taken care by invoicing.
You can book expenses or purchase also buy booking purchase bills.
For expenses I have created each expense as a product and make entry in Book Purchase to book expense.
You can add Bank account, TDS receivable or other ledger in Account/Ledger option.
I think I need to make a video on this part.
Any how, I am working on Journal entries and other parts which should be ready by December end.
If you have any suggestions please help and list them in this thread.