Accounts

If you want more than just simple accounting then the Accounting Module is the right solution for your organization

Why you should use ERPNext Accounting

Chart of Accounts

Easy to setup, multi-level definition of your chart of accounts with multi-currency support. The overall structure of your Chart of Accounts is based on a system of double entry accounting that has become a standard all over the world to quantify how a company is doing financially.

Ledger Accounting

Make ledger entries (Sales Invoice, Purchase Invoice, Journal Entries) with various payment methods in a multi-currency environment.

 

Ledger Accounting

Make ledger entries (Sales Invoice, Purchase Invoice, Journal Entries) with various payment methods in a multi-currency environment.

 

Budgeting

You can set and manage Budgets against a specific Account. This is useful when, for example, you are doing online sales. You have a budget for search ads, and you want ERPNext to stop or warn you from over spending, based on that budget. Setting a budget will ensure that your expenses do not get out of hand, at any point, as per your plans.

Workflow Approval

Configure approval levels for all your financial entries, payments and documents. Allow multiple people to submit multiple requests, for approvals.

Workflow Approval

Configure approval levels for all your financial entries, payments and documents. Allow multiple people to submit multiple requests, for approvals.

Multi-currency Payments

You can make accounting entries in multiple currency. For example, if you have a bank account in USD currency, you can make transactions in that currency and system will show bank balance in that specific currency only.

Accounting Reports

General Ledger

Trial Balance

Balance Sheet

Profit and Loss Statement

Cashflow Statement

Profitability Analysis

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