30x faster than Excel + Word.
The financial statement generator designed for accountants.
Discover how Luca helps 100+ accounting teams cut FS preparation from hours to minutes — and save them late nights in front of a screen.
No obligation. Free trial available.
6000+
FS generation runs
100+
accounting firms
350+
active users
AUTOMATED GENERATION
Industry-grade FS without the industry-grade hassle.
You’ve already spent too much time on Excel. Stop wasting more time formatting and rounding issues.
Luca instantly generates professional FS in a few clicks. Sleep well knowing that Luca is regularly updated to abide by the latest accounting standards.
AI-POWERED MAPPING
Account mapping done in seconds.
Luca’s AI automatically maps accounts in seconds. Just review mappings and confirm.
This is a one-time effort. In future years, you only need to map new accounts.
EMBEDDED ACCOUNTING LOGIC
Built by accountants to deliver accounting grade logic.
STANDARD FORMATTING
Professional formatting you can proudly present.
Struggling with Word? Your time is too valuable to be wasted on formatting, rearranging, and writing notes.
Luca automates FS formatting according to the latest industry standard. That way, you can double your focus on work that actually drives KPIs.
EASE OF USE
(Too) easy to use.
No training required. With guided prompts and a clean, intuitive UI, any accountant who knows how to use a laptop will enjoy using Luca.
No obligation. Free trial available.
Why Luca
Built for speed, accuracy, and compliance
30x more efficient.
Excel takes 3-8 hours. Luca takes minutes. You can generate 30x FS in the same time it takes to create 1x FS using Excel and Word.
Embedded accounting knowledge.
Luca prepares financial statements the way accountants do. When Luca handles the preparation, your role shifts from doing the work to reviewing it.
Accounting software agnostic.
Luca works well with Excel or CSV no matter your accounting system. Xero, QuickBooks, Zoho Books, ABSS... you name it.
(Too) easy to use.
No training required. With guided prompts and a clean, intuitive UI, anyone who knows how to use a laptop will enjoy using Luca.
Updated standards.
Luca’s regular backend updates lets you rest assured that your FS are congruent with the latest SFRS standards.
Gold standard formatting.
Luca applies consistent, industry-standard formatting across all your reporting entities. Clean, professional, and ready for review.
No obligation. Free trial available.
How it works
From trial balance to financial statements in 7 steps
Enter UEN
Enter UEN of the reporting entity. Luca auto-fills company details based on information from ACRA.
Basic Information
Review entity details
Company details are pre-filled for you. Review and confirm to proceed.
Company Details
Upload data & adjustments
Drag and drop your raw Excel or CSV from any accounting software. No reformatting required. Enter desktop adjustments directly if needed.
Upload Data
Upload your trial balance and general ledger
Trial Balance
Drag and drop your Excel or CSV file
General Ledger
Drag and drop your Excel or CSV file
Works with any accounting software
No reformatting required. Luca cleanses your data automatically.
Adjustments
| Account | Description | Debit | Credit |
|---|---|---|---|
| 5100 | Staff Costs | 15,000.00 | — |
| 2200 | Accrued Expenses | — | 15,000.00 |
| Total | 15,000.00 | 15,000.00 | |
Map accounts
Mapping is done for you. Just review once. In future years, you only need to map new accounts.
Account Mappings
Map your accounts to accounting tags
| Account Code | Account Name | Accounting Tag | Related Party |
|---|---|---|---|
| 1000 | Cash at Bank | Cash and cash equivalents | — |
| 1100 | Trade Receivables | Trade and other receivables | — |
| 1200 | Prepayments | Prepayments | — |
| 2000 | Trade Payables | Trade and other payables | Holding Company |
| 2100 | Accrued Expenses | Other payables and accruals | — |
| 3000 | Share Capital | Share capital | — |
| 4000 | Revenue | Revenue | — |
Auto-mapped by Luca AI
Input additional disclosures
Luca reminds you the required disclosure according to the latest standards.
Disclosures
Please provide the necessary disclosures
| Section | Description | 2025 | 2024 |
|---|---|---|---|
| Property, plant and equipment | Useful life — Office equipment | 5 years | 5 years |
| Useful life — Furniture and fittings | 8 years | 8 years | |
| Useful life — Computers | 3 years | 3 years | |
| Tax reconciliation | Income exempt from taxation | 12,500 | 10,800 |
| Expense not deductible | 18,000 | 11,400 | |
| Tax rebates | 2,000 | 2,000 | |
| Share capital | Number of ordinary shares | 100,000 | 100,000 |
Input directors interest
Enter the directors’ interests and Luca will prepare the Directors’ Statement automatically.
Directors
Please provide information about directors
Only Name field is mandatory. All other fields are optional.
| Name | Appointment Date | Resignation Date | Beginning FY Shares | End FY Shares | |
|---|---|---|---|---|---|
| Tan Wei Ming | 01 Mar 2020 | — | 100,000 | 100,000 | |
| Sarah Lim Hui Ling | 15 Jun 2022 | — | 50,000 | 75,000 | |
| Ahmad bin Ibrahim | 01 Jan 2024 | — | 25,000 | 25,000 |
Generate FS
Click ‘Generate’ to finish. Download your review-ready FS in Word format in 30 seconds.
Financial statement generated successfully!
ABC Holdings Pte Ltd — FY2025
Generated in 28 seconds
Only you can access your data. We ensure it stays that way.
Enterprise grade hosting on Microsoft Azure.
Luca is hosted on Azure, trusted by 95% of Fortune 500 companies. With SOC II/ISO 27001 compliance, end-to-end encryption, and AI-powered threat protection, your financial data stays secure and protected at scale.
Learn moreCode security powered by SonarQube Cloud.
Our code is continuously scanned for cyber vulnerabilities and quality issues using SonarQube Cloud, trusted by 400,000+ organizations worldwide. This guarantees Luca’s automation remains secure, stable, and audit-ready.
Learn moreCertified with the Cyber Essentials Mark.
Luca holds the Cyber Essentials Mark issued by TÜV SÜD under the standards of the Cyber Security Agency of Singapore. This certification confirms we meet recognised cybersecurity requirements.
Learn moreAsk questions. We encourage it.
The Luca Library.
Practical insights on financial reporting. Written by accountants, for accountants.
Should ACRA Raise the Audit Threshold?
ACRA is reviewing audit exemption thresholds for Singapore companies. This article argues that the real question is not about size thresholds but about who should decide whether an audit is necessary — and why the answer should be shareholders.
Expense Presentation by Nature or by Function
Under IFRS, expenses in the income statement can be presented by nature or by function. This choice affects comparability, disclosure requirements, and the quality of information available to users.
Tax Reconciliation
A numerical reconciliation of tax expense to accounting profit is required under IAS 12. This article walks through the concept, the difference between permanent and temporary differences, and how deferred tax fits into the reconciliation.
Forget Excel + Word. Smart accounting teams use Luca.
Financial statement generation shouldn't take hours. Get it done in minutes with Luca.
No obligation. Free trial available.