ERPNext Accounting & Finance

Financial management, chart of accounts, taxes, bank reconciliation, and general ledger.

Overview

The Accounting module forms the financial backbone of ERPNext, ensuring double-entry bookkeeping across all operational transactions.

Core Features

• Chart of Accounts (COA): Tree-based financial hierarchy customizable for local regulatory requirements.
• Journal Entries: Record multi-currency manual adjustments, opening entries, and inter-company transfers.
• Payment Entries & Reconciliation: Match customer receipts and supplier payments with outstanding invoices and bank statements.
• Taxes & Charges Templates: Flexible sales and purchase tax templates supporting VAT, GST, and withholding taxes.
• Financial Reports: Real-time Balance Sheet, Profit and Loss Statement, Trial Balance, and Cash Flow statement.