Accountant

How to close a financial year

Introduction   Before you begin   Navigating to your Periods page 1. Click on Accounting at the left panel (Red Box) 2. Click on Periods at the top bar (Green Box) 3. Click on Periods (Green Box) 4. Select the period you want to close (Red Box) Closing your Period 5. Click Close (Red Box) […]

Posting a Fixed Assets Depreciation

Introduction   Before you begin Navigating to your Fixed Assets page 1. Click on Accounting at the left panel (Red Box) 2. Click on Ledger at the top bar (Blue Box) 3. Click on Fixed Assets (Green Box)   4. Select the Fixed Asset you want to depreciate (Red Box) 5. Select the red dot […]

How to record a Fixed Assets

Introduction   Before you begin Navigating to your Fixed Assets page 1. Click on Accounting at the left panel (Red Box) 2. Click on Ledger at the top bar (Blue Box) 3. Click on Fixed Assets (Green Box) Creating a Fixed Asset 4. Click Create 5. Fill in the following fields (Red Box) Asset Name […]

Reversal of a Journal Entry

Introduction   Before you begin Navigating to your Journal Entries page 1. Click on Accounting at the left panel (Red Box) 2. Click on Ledger at the top bar (Blue Box) 3. Click on Journal Entries (Green Box) 4. Select a Journal to Reverse (Red Box) Reversing the Journal Entry 5. Click Reverse Entry (Red […]

Creating a Journal Entry

Introduction   Before you begin   Navigating to your Journal Entries page 1. Click on Accounting at the left panel (Red Box) 2. Click on Ledger at the top bar (Blue Box) 3. Click on Journal Entries (Green Box) 4. Click Create 5. Fill in the following fields (Red Box) Select the Journal type Select […]

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