Initial set-up will not take more than a few minutes. Just enter the starting balances in your accounts and set up the sub-categories of transactions.
All your transactions are entered in one sheet. Very few columns of data entry are needed.
Though it is simple to use, it is packed with features – Automated Dashboards and reports – that effectively address small business needs.
The template can support 14 different transaction types.
The most common ones are Invoice, Bill, Instant Sale and Instant Expense transactions.
The template can also handle Bulk Payments made by customers and Bulk Payments made by you. Refunds to Customers and Refunds by Suppliers are also supported. Transfers from one account to another account can be managed. Credit Memos can also be entered and tracked.