Chart of Accounts
Ready-made
and automated
Assets, Revenue, Liabilities and Expenses are the four main accounts with ready-made sub-accounts under each where transactions are automatically registered where they belong.
Fully customizable
Change up the chart of accounts to fit your operations, edit existing accounts or create new accounts anywhere within the directory tree.
General Ledger
Track detailed account transactions with General Ledger reports, know their source, their credit or debit transaction and balance amount and the total amount.
Cost Centers
Cost Centers database
Create cost center(s), manage multiple cost centers by determining parent-child relations and display them in a tree view for simplicity and better navigation. View each cost center’s journal branch and detailed transactions.
Accounts tracking
Track accounts with and without cost centers and view all their related transactions when you filter by a certain cost center or account.
Cost centers reports
Stay informed on your expenses and revenue transactions with detailed cost center reports. Track allocated cost center’s spendings through expenses and your profit through income.
Expense Management
Expense registry
Recording business expenses is to the detail; manage the expense amount, description, taxes, treasury, account, vendor, category and attach related receipts & documents.
Professional View & Print
Customize your own expense view with an easy-to-use template builder, add your company info, logo, signatures and more with a complete list of the system’s placeholders.
Real-time reporting
Automate recurring expenses by setting the frequency and end date while registering the expense.
Recurring expenses
Automate recurring expenses by setting the frequency and end date while registering the expense.
Categorization
Organize expenses by creating custom categories that fit the nature of where your money goes and easily assign it while registering the expense.
Assets Management
Fixed assets
management
Add your fixed assets information, category and pricing details as well as salvage value and detailed depreciation settings.
3 methods
of Depreciation
Select from 3 GAAP compliant depreciation methods including Straight Line, Declining Balance and Units of Production.
Automated and
manual
depreciation
Choose to automate the depreciation or easily make manual depreciation entries as required.
Balance Sheet
Easily view your Balance Sheet, know your fixed and current assets’ total amount, track liquidity and measure your assets to your liabilities.
Asset lifecycle
management
Write-off assets, sell them or re-evaluate them to your benefit, all with a click of a button on the system.
Asset detailed report
View asset detailed report, history of transactions, asset operations and status whether “in service” or “written off”.
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OnlineInvoices for
free.
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