Accounting overview
The Accounting section holds the general ledger: every sale, purchase, payment and stock movement posts journal entries here, and the financial statements are built from them. It is used by accountants; most other users never open it.
Open it from the Accounting group in the left menu.
What is in this section
| Page | What it does |
|---|---|
| Journal entries | Postings grouped by document, with the source document linked. |
| Journal lines | The same postings line by line, filterable by account, period and journal. |
| Turnover → Sales report / Purchase report | Sales and purchases by period, company and product. |
| Turnover → Companies turnover | Turnover and balance per customer or supplier. |
| Financial statements → General ledger | Account turnover and balances for a period. |
| Financial statements → Balance | Balance sheet on a chosen date. |
| Financial statements → Profit and loss | Income statement for a period. |
| Settings → Operations | Operation codes that decide which accounts each document type posts to. |
| Settings → Chart of accounts | Your account list and hierarchy. |
| Settings → Series of documents | Numbering series for invoices, orders and other documents. |
| Settings → Payment terms | Due-date rules offered on documents. |
| Settings → Journals | Journals that group postings (sales, purchases, bank, cash). |
| Settings → Fixed assets / Fixed asset groups | Asset register, groups with depreciation rules, and monthly depreciation postings. |
Related
- Payments overview
- Reports overview
- Sales overview and Purchases overview — the documents that post here