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Create journals
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Astrid - Countingup
As an accountant
I want to be able to manually adjust the ledger
So that I can put in place accounting entries which are not associated with banking transactions (e.g. accruals, deferrals, cash payments or receipts with no source document, depreciation, stock)
Activity
Newest
Oldest
Astrid - Countingup
complete
Astrid - Countingup
in progress
Work on journals in the Accountant Hub has begun. This will allow accountants to do manual adjustments to the ledger and add accounting entries that are not associated with banking transactions, invoices and bills.
Astrid - Countingup
planned
We are delighted to announce that Journals are now live in the Accountant Hub. Journals allow accountants to manually adjust the ledger to reflect the current accounting status of a client’s business. Some examples of how this can be used:
-To reflect the opening balances of businesses that moved to Countingup from another accounting system
-To depreciate assets over time
-To reflect prepayments (eg. if a business purchases an annual subscription the accountant can create a journal to reflect the monthly cost over the year)
Want to help us shape the future of Countingup?
If you are a business owner or a sole trader tell us here: https://forms.gle/X3RmjSPcbmWdaYUaA
If you are an accountant tell us here:
https://forms.gle/BWREyP858mY5VE828