Your books at a glance
What Finance & Accounting shows, how entries get into your books by themselves, and where to find each tool.
Finance & Accounting is your company's books. Everything is double-entry: each amount goes into one account and out of another. Most entries post by themselves from invoices, bills, payments, stock and payroll.
The tour
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Open Finance & Accounting. Pick it from the menu on the left.
Open Finance & Accounting -
Your key figures. Cash and bank, what customers owe you, and this month's income, expenses and profit.
Your key figures -
Entries post themselves. Latest entries shows what was posted most recently: invoices, payments, stock received, cost of goods sold. Click one to see its debits and credits.
Entries post themselves -
Record expense and Journal entry. For a simple payment without a bill, use Record expense. For anything else (a loan, money the owner put in, a correction) use a journal entry.
Record expense, journal entry -
The tabs. Journal (every entry), Chart of accounts, Bank (import and reconcile statements), Assets, Budgets, the reports (Profit & Loss, Balance sheet, Trial balance, Aged) and Currencies.
Everything else in the tabs
Good to know
- Posted entries are never edited or deleted. Reverse one instead, so the history stays complete.
- Team members need access to Finance & Accounting in their role to see the books.