Accounting
Your books fill themselves from your daily work
Sales, purchases, returns and payments post to your accounts automatically. At the end of the month you review the numbers instead of typing them in.
Full accounting, bank accounts and advanced reports start on the Business plan.
Sound familiar?
The problems this fixes
- Your accountant re-enters everything from bills and notebooks.
- You are not sure how much customers owe you or how much you owe suppliers.
- Cash and bank balances do not match the records.
- You only learn about profit weeks after the month ends.
What you get
What Accounting does for you
Posts from daily work
A sale, a purchase receipt, a return or a payment creates the matching accounting entry for you.
Bank and cash accounts
Keep each bank and cash account with its balance and history. Payments check the balance before money goes out.
Chart of accounts and vouchers
A ready chart of accounts, plus manual vouchers for entries that do not come from sales or purchases.
Customer and supplier balances
See who owes you and whom you owe, with a full statement for each party.
Profit and loss, balance sheet
Reports built from the same entries, so they always agree with each other.
Aging reports
See which receivables and payables are overdue, and by how long.
Period closing
Close a period so earlier months are not changed by accident.
Reversals, not erasing
Mistakes are corrected with a reversing entry. The original stays on record.
Day to day
From a sale to a report
Make the sale or purchase
Work as usual in POS and purchases.
Entries post automatically
Sales, cost of goods, payables and receipts reach the right accounts.
Record other money
Use vouchers for rent, salaries and other expenses.
Check balances
Review bank, customer and supplier balances.
Read the reports
Open profit and loss and the balance sheet.
Good to know
- Cash-flow statement is not currently offered.
- NEXTOREx does not replace a qualified accountant or tax adviser.
- Tax filing and government e-invoicing integrations are not offered.
FAQ
Questions people ask
Is accounting included in Starter?
Starter covers sales, stock, purchases and customer balances. Bank and cash accounts, full accounting and advanced reports start on Business.
Can my accountant use it?
Yes. Add your accountant as a staff user and choose what they are allowed to see and do.
Does it file taxes for me?
No. NEXTOREx keeps your records and reports. Tax filing stays with you and your adviser.
What if I make a wrong entry?
Reverse it. The wrong entry and its reversal both stay visible, which keeps your history honest.
Want to see Accounting on your kind of business?
Tell us what you sell and we will show you how it would run.
Prefer to talk? Talk to Sales