Adding bank accounts and importing statementsEach client can have bank accounts, cash accounts and credit cards.Coding bank transactionsImported statement lines wait on the bank account until each one is given an account.Bank rulesA bank rule codes any statement line whose description contains a piece of text.Reconciling a bank accountA reconciliation ticks off each entry in the books against the bank statement until the difference is nil, and keeps a report of what was not yet on the statement.Recurring bank entries and journalsA recurring entry is a bank payment, receipt or journal that repeats every week, month, quarter or year.Using the cash bookThe cash book is a single list of money in and money out for a bank or cash account.Journals and reversing journalsJournals record wages, depreciation, accruals, prepayments and corrections.The chart of accountsEach client has its own chart of accounts.Entering opening balancesOpening balances start a client's books from a known position, for example the closing trial balance from the package you used before.DepartmentsDepartments split a client's figures by branch, shop, property or job.Lock dates and the year-end transferA lock date stops anything dated on or before it being added, changed or deleted, by any part of Accountin.Bookkeeping reportsThe Reports tab has seven reports from the books.
Bookkeeping
Bank statements, coding, bank rules, reconciliation, journals and reports. 12 articles.