luckpanda
BuildingFinance module

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.

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.