Core accounting
7 guides in Finance.
- Chart of accounts and general ledgerYour accounts by class with live balances, automatic journals from every document, manual journals that reverse rather than edit, and the ledger.
- Multi-currency and exchange ratesSell and buy in other currencies on books kept in your own: dated rates, realised gains and losses on payment, and period-end FX revaluation.
- Budgeting and forecastingBudget each account month by month, keep budget, reforecast, best and worst cases side by side, compare with live actuals and approve the plan.
- Fixed assets and depreciationRegister equipment, vehicles and machines, see the depreciation schedule up front, post each period by itself or after approval, and dispose cleanly.
- Cash and bank managementEvery cash, bank and wallet account with its balance; deposits and withdrawals, statement import with matching rules, and reconciliation with sign-off.
- Financial statementsProfit and loss, balance sheet, cash flow and changes in equity from the live ledger, in an IFRS, US GAAP or your own layout, with comparisons.
- Period close and lockClose each month with a checklist and reconciliations, soft-close or lock the books by date and by ledger, and close the year the way your auditor expects.