Module

General Ledger

A real double-entry ledger underneath everything else, keeping accrual and cash books side by side rather than converting between them.

Book a walkthrough All features

The ledger

Two books, always

Every transaction posts to both the accrual and the cash book at once. Neither is derived from the other at report time, so either can be trusted on any date.

Chart of accounts

Your own structure, with title rows, totals that roll into bigger totals, and control over what prints where on a statement.

Journal entries

Manual entries where they are needed, scoped to accrual, cash, or both, with reversals that follow the entry they reverse.

Departments

Post and report by department alongside property, for organizations that need the second dimension.

Jobs and projects

Track costs against a job or a capital project separately from the operating accounts they hit.

Close periods

Close a period and it stops accepting postings. Reopening it is a decision somebody makes, not something that happens by accident.

Bank register and reconciliation

The checkbook as your bank sees it, reconciled against a statement, tying back to the ledger.

Owner distributions

Distribute to owners and post the entries, with the statements to go with them.

One transaction posting to the accrual book and the cash book at the same moment Tenant pays Check 6198 $3,948.48 applied to INV-1042 Accrual book Dr Operating Cash Cr Accounts Receivable Cash book Dr Operating Cash Cr Rental Income Either, on any date Balance Sheet Income Statement Trial Balance GL Transactions both, in the same transaction
Neither book is derived from the other when a report runs, so a cash-basis statement and an accrual one are both first-hand on any date.

Financial statements

Balance Sheet

As of any date, on either book, for a property, a department, or the whole book of business.

Balance Sheet Comparison

Two dates side by side with the movement between them. Each column is exactly the standalone balance sheet for its own date, so the two can never disagree.

Income Statement

For any period, with 12-month and trailing-12 views for the trend rather than the month.

Budget vs Actual

This month and year to date against budget, grouped the way your chart of accounts is.

Trial Balance

The whole ledger, one line per account, proving itself.

GL Transactions

Every posted line in a period, flat and in date order, with the two sides of each entry adjacent. The listing you read to trace a day or find a transaction you half remember.

General Ledger Detail

The same postings grouped by account with a running balance, for when the question is what happened in one account.

Departmental Matrix

Accounts down, departments across, for organizations that report that way.

Reports say when their own totals are partial

Filter a transaction listing to one account and its debits will no longer equal its credits, because the filter kept one side of each entry and dropped the other. The report says so, rather than letting somebody spend an afternoon hunting an imbalance they created.

Related

Reporting Accounts Payable Accounts Receivable