Professional and Business include accounting tools for tracking financial activity inside the workspace.
What to review
- Bank and cash account balances.
- Invoice, payment, expense, and credit note conversion into accounting records.
- Profit and loss overview.
- Income and cash flow charts.
- Expense account overview and unmapped transaction warnings.
Setup basics
- Review the chart of accounts before recording large amounts of data.
- Map payment modes and expense categories where needed.
- Keep opening balances accurate.
- Leave VAT disabled unless your business is VAT registered and the tax setup has been reviewed.
What it is not
- It is not a substitute for professional accounting advice.
- It should be checked before official filings, tax returns, or year-end accounts.
Good to know: Use accounting visibility for day-to-day control, then reconcile with your official accounting records.