luckpanda
Finance module

General ledger

The Accounting screens are being built. The books underneath already exist: issuing an invoice or recording a payment posts balanced journal entries today.

Accounting in LuckPanda for Fernhill Studio: showing cash and bank $70,413.50; accounts receivable $46,160.00; net profit $91,547.50. Rows include Assets, $116,573.50 Dr; 1000, Cash, Cash in Hand, $0.00; 1010, Primary bank account, Bank Accounts, $0.00.
Accounting in LuckPanda for Fernhill Studio on a phone: showing cash and bank $70,413.50; accounts receivable $46,160.00; net profit $91,547.50. Rows include Assets, $116,573.50 Dr; 1000, Cash Cash in Hand, $0.00.

What you can do with accounting

  • Will show the journal entries each invoice, credit note and payment posted.
  • Will show journals and account balances for any period.
  • Will let you add manual journal entries, with approval where you require it.
  • Will correct posted entries only by reversal.
  • Will close periods so posted months cannot change.

Questions

Is the ledger double-entry?

Yes. Every posting has equal debits and credits.

Can an agent post a journal entry?

No. An agent will be able to propose one; a person posts it.

Keep everything you make

Sign in with your email and your drafts become documents in your own business, with clients, payments and books alongside.