Accounting Overview

Invo's accounting module gives you proper double-entry bookkeeping without needing separate software. Track transactions, manage expenses, run financial reports, and reconcile your bank accounts.

What's included

• Transactions — manual journal entries for any business event
• Expenses — track and categorize business spending
• Chart of Accounts — organize your accounts by type (assets, liabilities, equity, revenue, expenses)
• General Ledger — see every debit and credit in one place
• Financial Reports — Trial Balance, Balance Sheet, Profit & Loss, Cash Flow
• Bank Reconciliation — match bank statements to your records
• Tax Rates — configure SST and other tax rates

Getting started with accounting

1. 1

   Enable the module

   Turn on Accounting in Settings → Module Settings.

2. 2

   Review your chart of accounts

   Invo sets up a default chart of accounts. Customize it under Accounting → Accounts.

3. 3

   Record your first transaction

   Start with Accounting → Transactions or Expenses depending on what you need to record.

4. 4

   Run a report

   Once you have entries, visit Accounting → Reports to see your financial position.