Accounting Overview
Understanding the accounting module
Accounting Overview
Numera's accounting module provides complete financial management with automatic posting from business transactions.
Key Features
- Double-entry accounting
- Automatic posting from sales and purchases
- Multi-currency support
- VAT management and reporting
- Financial statements generation
Integration with Business Processes
Accounting entries are created automatically when you:
- Post customer invoices
- Record vendor invoices
- Process payments
- Make inventory adjustments
- Run payroll
Period Management
Control posting by managing fiscal periods:
- Open and close periods
- Prevent posting to closed periods
- Year-end closing procedures