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Accounting setup — chart, dimensions, import & activity

The Accounting group holds the foundations everything else sits on.

Chart of accounts

Accounting → Chart of accounts. Your list of accounts, each with a code, name and type (asset, liability, equity, revenue, expense). New companies are seeded with a standard South African chart. For revenue accounts you can set a VAT treatment (standard, zero-rated, exempt or out-of-scope) — this drives how supplies are split on your VAT201.

Projects & classes (dimensions)

Accounting → Projects & classes. Tag invoices, bills and journal entries to a project, class or location, then see profitability by project in Reports. Great for job costing.

Import from Xero / Sage

Accounting → Import from Xero/Sage. Bring your history across in three steps:

1. Chart of accounts — a CSV of code, name, type. 2. Customers & suppliers — CSV of name, email. 3. Opening trial balance — a CSV of code, debit, credit; 360books checks it balances and posts a single, reversible opening journal entry at your conversion date.

Activity log

Accounting → Activity log. A who-did-what audit trail — invoices issued, payments recorded, bills approved, members invited, and more.

Under the hood — the ledger

Every module (invoicing, bills, banking, payroll, depreciation) posts through one double-entry general ledger with a balance-enforcing rule, so your books can never go out of balance. You can view it all in Reports → General Ledger.

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