Looking for Chart of Accounts, Journal Entry, General Ledger, Balance Sheet, and Trial Balance? This app brings the double-entry accounting features to Akaunting.
Add/manage multiple financial accounts, and split them into categories for effective and faultless record-keeping on the general ledger. You can define the type of account as Asset, Liability, Expense, or Equity. Accounts can either be Parent or sub-accounts.
Generate custom reports specific to the Journal Entries, Profit and Loss statements, the General ledger, Trail Balance, and Balance Sheet. Get valuable insights into your business's financial health for informed decision-making.
Automatically record all transactions in your business or manually enter them. You can define account, currency, and accounting basis (cash or accrual) on manual transaction entries and attach supporting documents if necessary.
Close your accounting period with proper records for all transactions. Work with the trial balance, double-check for potential accounting errors, and keep your business compliant with GAAP financial reporting requirements.
By importing categorized transaction data, you can create detailed reports tailored to specific needs. Generate cash flow reports and track profits and losses, offering insights into revenue streams and expenses that aid in strategic decision-making.
