Financial Management
Double-entry accounting from chart of accounts to financial statements: ledger, invoicing, banking, assets and period closing.
Ledger and accounts
Financial Management is built on a configurable chart of accounts and a full general ledger. Journal entries post automatically from every module — sales invoices, purchase invoices, payroll, inventory movements — and you can record manual entries for anything else. Accounting periods control what can be posted when, with a guided closing process at period end.
Chart of accounts
Hierarchical account structure you can tailor per company, with account types driving statement placement.
Journal entries
Automatic postings from operational documents plus manual journals with line-level descriptions.
Accounting periods & closing
Open, close and lock periods so late postings never land in a reported month.
FX revaluation
Revalue foreign-currency balances at period end and post the gain or loss automatically.
Invoicing and receivables
Issue sales invoices directly or generate them from sales orders. Purchase invoices flow in from procurement. Recurring billing handles subscriptions and service contracts on a schedule, and dunning sends escalating reminders to customers with overdue balances so you collect without manual chasing.
Configure dunning levels under Finance settings — for example a friendly reminder at 7 days overdue, a firmer notice at 21 and a final notice at 45. Each level has its own template and escalation action.
Banking and payments
Register your bank accounts, record incoming and outgoing payments, and keep a cash book for cash transactions. Bank reconciliation matches statement lines against ledger entries so you can confirm every balance.
- 1
Import or enter statement lines
Bring in the bank statement for the account and period you are reconciling.
- 2
Match transactions
Confirm suggested matches between statement lines and payments or journal entries, and resolve the rest.
- 3
Post differences and finish
Record bank fees or interest as adjustment entries, then close the reconciliation when the difference is zero.
Fixed assets and statements
Track fixed assets from acquisition through depreciation to disposal, with depreciation posted to the ledger on schedule. Financial statements — profit and loss, balance sheet and more — are generated from the ledger at any time. Vendor tax reporting summarizes payments to suppliers for compliance filings.
Statements reflect everything posted in the period. Close the period first if you need a final, audit-ready figure that cannot shift after the fact.