A set of books that keeps itself up to date

Every sales invoice and every purchase invoice you process fills your ledger automatically. You do not have to post anything by hand to have an up-to-date picture.

Accounts, balances and journal entries are always within reach, so you know at any moment how your business is doing.

Alongside the ledger sit the overviews your accountant asks for: the balance sheet and the profit and loss account over the period you choose. Fixed assets depreciate on a straight line, with a depreciation proposal you review first and only then post.

When you have finished a period, you lock the journal entries up to and including a date so nothing shifts afterwards. If you work with several companies, the intercompany administration settles costs between those companies using an allocation key you determine yourself.