Looking for Chart of Accounts, Journal Entry, General Ledger, Balance Sheet, and Trial Balance? This app brings the double-entry accounting features to Akaunting.
Akaunting ships with single-entry accounting feature set. However, some of the businesses, whether they use the cash-basis accounting method or the accrual accounting method, use double-entry bookkeeping to keep their books. Double-entry accounting is a practice that helps minimize errors and increases the chance that your books balance.
If you're an accountant, thanks to the multi-company feature of Akaunting, you can manage the financials of unlimited companies using this app.