Accounting Overview

The Accounting module is a full-stack double-entry accounting engine. It provides chart of accounts, fiscal year/period management, journal entry lifecycle with approval, bank reconciliation, cost tracking, multi-domain financial reports, and an event-driven posting engine.

Automatic Journal Posting

The posting engine listens to events from other modules and journals them automatically:

Sales Revenue — Completed orders trigger a revenue journal entry
Refunds — Refund events trigger corresponding debit entries
Payroll — Approved pay runs create wage expense entries
Procurement — Received purchase orders create inventory/expense entries
Wallet & Loyalty — Top-ups and redemptions are journaled as deferred revenue or liability

Manual Journal Entries

Create manual double-entry journal entries under Accounting → Journal Entries → Create. Each entry requires balanced debits and credits. Entries follow a draft → submitted → approved → posted lifecycle. Posted entries are immutable — use Reverse to correct errors.

Chart of Accounts

A hierarchical chart of accounts (asset, liability, equity, revenue, expense, COGS) is seeded on onboarding. Customize codes and names under Accounting → Chart of Accounts. Run the guided onboarding wizard at Accounting → Onboarding to configure fiscal year and bank accounts.

Bank Reconciliation

Import CSV/OFX bank statements, match transactions to journal entries (manual or auto), and complete period reconciliations. Any discrepancy between the system balance and statement balance is flagged.

Accounting Overview