Accounting Module

Comprehensive financial management for your international trade business.

Step 1: Recording Payments

Navigate to Sales > Accounting > Payments to record payments received from customers or made to suppliers. Each payment can be linked to one or more invoices, allowing you to track exactly which obligations have been settled. Record the payment amount, date, method, and any reference numbers for your records.

Step 2: Managing Receivables

The receivables section tracks all money owed to you by customers. View outstanding balances, filter by customer or due date, and use aging reports to identify overdue accounts. This gives you a clear picture of your incoming cash flow and helps prioritize collection efforts.

Step 3: Managing Payables

The payables section tracks money you owe to suppliers. Monitor due dates, schedule payments, and ensure you never miss a deadline. Keeping payables organized helps maintain strong supplier relationships and avoids late payment penalties.

Step 4: Bank Accounts

Configure bank accounts for each currency you operate in. Track balances across all your accounts and link payments to specific bank accounts for accurate reconciliation. This is especially useful in international trade where you may hold accounts in multiple currencies.

Step 5: Financial Alerts

Set up automated alerts to stay on top of your finances. Configure notifications for overdue payments, low account balances, and upcoming payment deadlines. Alerts can be customized per threshold and delivered through the notification system, ensuring you and your team are always informed.