Finance: automatic postings, periods and bank reconciliation

Automatic postings

Every sale, receipt, supplier invoice and payment posts to the general ledger through posting rules you can see under Finance → Posting rules. Finance → Postings lists what was posted and anything still waiting.

Reports

Trial balance, profit and loss, balance sheet, cash flow and VAT summary are under Finance → Reports, for any period, in your base currency.

Bank reconciliation

1. Finance → Bank → Import statement: upload your bank's CSV (template available).
2. Lines that match a payment are matched automatically; match the rest by hand or book bank charges with one click.
3. The period-close checklist tells you when everything is posted and reconciled; close the period to lock it.