Accounting
The Accounting Page provides financial tracking and reporting tools for effective financial management.
Last updated
The Accounting Page provides financial tracking and reporting tools for effective financial management.
Last updated
The Chart of Accounts displays categories like assets, equity, liabilities, income, and expenses, allowing users to add new sub-accounts for precise financial categorization, such as 'Rent' under 'Expenses.'
Click 'Retained Earnings' under 'Equity' in the chart of accounts. Then, select reconcile from the action button. This ensures that retained earnings are up-to-date with the all-time income statement.
The Register Journal Entries feature enables you to record and track financial transactions for accurate bookkeeping.
Before you register, make sure that you have created a sub-account.
Click on the 'Journal Ledgers' option to gain a comprehensive view of financial transactions and account balances, facilitating effective financial management.
You can add new tax payments to accounting by clicking 'Tax Management', selecting 'Add New Payment', and submitting the form.
