Accounting¶
Introduction¶
The Accounting module is designed to help businesses efficiently manage their financial transactions, records, and reports. It offers a seamless way to handle invoices, expenses, financial statements, taxation, and inter-company transactions, ensuring compliance and accuracy.
Key Features¶
✅ General Ledger – Track all financial transactions in a structured manner.
✅ Accounts Payable & Receivable – Manage payments to vendors and collections from clients.
✅ Bank Reconciliation – Sync with bank statements to match transactions.
✅ Multi-Currency Support – Handle financials in multiple currencies.
✅ Taxation & Compliance – Automate tax calculations, filings, and reports.
✅ Intercompany Transactions – Manage financial activities between related business entities.
Modules in Accounting¶
1️⃣ General Ledger¶
The backbone of financial records, capturing every transaction in the system.
2️⃣ Accounts Payable¶
Manage supplier invoices, payments, and vendor transactions.
3️⃣ Accounts Receivable¶
Keep track of customer invoices and ensure timely collections.
4️⃣ Accounts Groups¶
Easily manage multiple accounts for a particular Customer / Vendor
5️⃣ Sister Concern¶
Manage financial transactions between sister companies.
6️⃣ Taxation¶
Ensure compliance with automated tax calculations and reports.
Why Use Our Accounting Module?¶
🔹 Automation – Reduce manual data entry and minimize errors.
🔹 Real-Time Insights – Get instant access to financial data and analytics.
🔹 Scalability – Suitable for small businesses to large enterprises.
🔹 Integration – Connects with other ERP modules for smooth workflow.
Getting Started¶
To start using the Accounting module: 1. Navigate to the Accounting Dashboard. 2. Configure your company financial settings. 3. Set up chart of accounts and tax rules. 4. Start recording transactions.