Journal entries
0Posted entries in selected periodAccounting
Connected
B
General journal and trial balance
Cash basis records income and expenses when paid; accrual basis records them when earned or incurred. Invoices, bills, receipts and supplier payments can post automatically after the accounting automation migration is installed. Orders post when converted to invoices or bills.
Debits
0Selected periodCredits
0Selected periodGeneral journal
Posted entries are permanent; use a correcting entry to fix a mistake.
| DATE | ENTRY # | DESCRIPTION | ACCOUNTS | DEBITS | CREDITS | STATUS |
|---|---|---|---|---|---|---|
| Loading journal… | ||||||
Trial balance
Closing account balances as of the selected date.
| CODE | ACCOUNT | TYPE | DEBIT | CREDIT |
|---|---|---|---|---|
| Run the trial balance to view balances. | ||||
| TOTAL | 0 | 0 | ||
Income statement
Revenue, cost of goods sold, expenses and net income for the selected period.
Business account
| ACCOUNT / DESCRIPTION | AMOUNT (BASE CURRENCY) |
|---|---|
| Run the report to view income and expenses. | |
Balance sheet
Assets, liabilities and equity as of the selected date.
Business account
| ACCOUNT / DESCRIPTION | AMOUNT (BASE CURRENCY) |
|---|---|
| Run the report to view assets, liabilities and equity. | |
| Total assets | 0.00 |
| Total liabilities and equity | 0.00 |
Statement of cash flows
Cash received and paid through operating, investing and financing activities.
Business account
Uses posted journal activity and cash, bank, and mobile-money ledger accounts. Internal transfers between these accounts are excluded.
| ACTIVITY / DESCRIPTION | AMOUNT (BASE CURRENCY) |
|---|---|
| Run the report to view cash flows. | |
Statement of shareholders’ equity
Opening equity, contributions, earnings, distributions and closing equity.
Business account
Applies to shareholder and owner-equity accounts in the chart of accounts. All amounts come from posted journal entries.
| CHANGES IN EQUITY | AMOUNT (BASE CURRENCY) |
|---|---|
| Run the report to view changes in equity. | |
Chart of accounts
Manage account codes, names, types, normal balances and status.
| CODE | ACCOUNT NAME | TYPE | NORMAL BALANCE | DESCRIPTION | STATUS | ACTIONS |
|---|---|---|---|---|---|---|
| Loading accounts… | ||||||