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Glossary

The words you'll meet in Cassence, in plain English.

Your company's money

Runway: How many months your cash lasts at the recent pace: cash in the bank divided by monthly net burn. See the runway guide.
Net burn: How much more goes out than comes in each month, averaged over the last 3 complete months. When more comes in than goes out, there is no burn and no runway limit.
Spending: Everything that goes out in a month: salaries, rent, suppliers, software, tax. Sometimes called gross burn.
Confirmed balance: A bank balance a person checked against a statement. Runway always rests on one; Cass never picks a balance by itself.
Days to get paid (DSO): How many days, on average, customers take to pay an invoice. Rising DSO means cash arrives later.
Gross margin: What each rupee of sales keeps after the direct costs of making or delivering it.
Customer concentration: How much of your sales comes from one customer. A high share means losing that customer hurts.

Cass: The agent inside Cassence: your agentic CFO. It reads your books, runs the checks and writes the diagnosis.
Books read: One pass of Cass over every source you have connected. It happens every night, and whenever you add new books.
Diagnosis: What a books read produces: runway, burn, cash, each problem found with its cause and options, and the tax dates ahead.
Check: One test a CFO would run, such as runway short or customers paying later. Cass runs 24 checks.
Severity: How soon a problem needs you: act this week, act this month, or watch. Always written in words, never colour alone.
Fix list: The diagnosis as a plan of steps, most urgent first. Each step says what it buys.
What it buys: The gain from a fix, worked out from your books: months of runway, money kept each month, or interest avoided.
Alert: A change since the last books read: a new problem, one more urgent, one cleared, runway falling, or a customer going late.

GST: Goods and Services Tax. It is owed when you invoice, not when you are paid, so a large unpaid invoice means paying its GST from your own cash.
GSTR-1 and GSTR-3B: The monthly GST returns: GSTR-1 for sales, due on the 11th; GSTR-3B with the GST payment, due on the 20th. Quarterly (QRMP) filers have their own dates.
TDS: Tax deducted at source. What you deduct from payments to vendors is deposited by the 7th of the next month (30 April for March). What your clients deduct from you comes back only as an income-tax refund.
PF and ESI: Provident Fund and Employees' State Insurance contributions for your team, due on the 15th of the next month.
Advance tax: Income tax paid during the year in four instalments: 15 June, 15 September, 15 December and 15 March.
MSME 45-day rule: A registered micro or small supplier must be paid within 45 days. Paying later can cost interest and a tax deduction.