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 an accountant tell us here: