General ledger
The Accounting screens are being built. The books underneath already exist: issuing an invoice or recording a payment posts balanced journal entries today.
Accounting is being built. The list below describes what it will do; anything that already works is said plainly above. Tools marked Live work today.
What accounting will do
- Will show the journal entries each invoice, credit note and payment posted.
- Will show journals and account balances for any period.
- Will let you add manual journal entries, with approval where you require it.
- Will correct posted entries only by reversal.
- Will close periods so posted months cannot change.
Free tools
Related free tools
Questions
Is the ledger double-entry?
Yes. Every posting has equal debits and credits.
Can an agent post a journal entry?
No. An agent will be able to propose one; a person posts it.
Keep everything you make
Sign in with your email and your drafts become documents in your own business, with clients, payments and books alongside.