A ledger that closes
The chart of accounts, journals, fiscal periods and the close: the part of accounting that never changed, done properly.
- Standard Nigerian chart of accounts, or import your own
- Manual, recurring and reversing journals with approval
- Fiscal years and periods; lock a period once it is closed
- Trial balance, income statement, balance sheet, cash flow

| Account | Dr | Cr |
|---|---|---|
| Bank | 4,250,000 | |
| Trade receivables | 1,860,000 | |
| Trade payables | 940,000 | |
| Sales | 7,410,000 | |
| Cost of sales | 2,240,000 | |
| Total | 8,350,000 | 8,350,000 |
Figures for illustration
