🧮Accounting

The Accounting Page provides financial tracking and reporting tools for effective financial management.

Chart of accounts

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.'

Retained Earnings Reconciliation

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.

Register Journal Entries

The Register Journal Entries feature enables you to record and track financial transactions for accurate bookkeeping.

Journal Ledgers

Click on the 'Journal Ledgers' option to gain a comprehensive view of financial transactions and account balances, facilitating effective financial management.

Tax Management

You can add new tax payments to accounting by clicking 'Tax Management', selecting 'Add New Payment', and submitting the form.

Last updated