Simple, Straight forward Accounting

Nominal Ledger

CloudDMS includes a standard chart of account which can be customised to suit your requirements.

A double entry nominal ledger is used. Each financial transaction is recorded in two different nominal accounts within the ledger.

Journal Entries

Sales and Purchase invoices are automaticly posted to the nominal ledger when they are finsihed.

Additional transactions can manually be entered into the nominal ledger using a journal entry process.

Journal is a record that keeps accounting transactions in chronological order, i.e. as they occur. Ledger is a record that keeps accounting transactions by accounts


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CloudDMS Accounting

Fully auditable double entry accounting

Nominal Ledger

Double entry nominal ledger

Activity

View detailed nominal activity

Journal

Journal manual entries

Payments

Record payments

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