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Deskera Books

Online Accounting Software for Your Journal Entry Transactions

Automate the process of Journal entry creation and save time with Deskera Books. The double-entry record will be auto-populated for each sale and purchase business transaction in debit and credit terms.

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Automate Your Journal Entries

Manual journal entry recording is time-consuming and tedious in any accounting software. With Deskera Books, you can automate your journal entry posting with just a few clicks.

Any and all business transactions will automatically populate the journal entry record in the system. And you can create recurring journal entries too!

Easily Create Compound Journal Entries

Deskera Books, allows you can create a compound journal entry that has multiple credit and debit accounts. This gives you the ability to post the journal entries that you and your company need.

Keep the Books Balanced

With the auto-posting of your journal entries, the only way your books do not balance is because of the openings. You can see the Trial Balance report and, at a glance, see if the openings are correct.

Know your Inventory Amount

With perpetual inventory, when any goods are received, delivered, or quantity is adjusted, the system creates a journal entry. Updating your inventory, stock adjustment, and cost of goods sold account in realtime.

Purchase and Sales Accounts That Refect Your Business

You can assign different sales and purchase accounts to different customer. This allows you to group the customers the way you would like.

The Journal entries will post based on the different accounts. You can then see the Profit and Loss report broken down into these accounts. Giving you better visibility on what is going on.

Easily Setup Your Recurring Journal Entry

With Deskera Books, it is simple to set a recurring journal entry in just one click.

You can then select the interval, first document date, ending date, or never ends. Saving you time, effort, and guaranteeing the journal entry will be created for that period.

Create Debit and Credit Notes with Multiple Accounts

No longer do you have to create one credit or debit note with one chart of account.

In your Debit or Credit Note, you can now select multiple charts of accounts, save, and automatically creating a compound journal entry. Automatic creation of a compound journal entry helps you save time and effort.

Effortless Multi-Currency Bank Transfer

Just select the From Bank and To Bank, transfer type, reference number, adjust the currency exchange rate, input the amount, and save. The system creates a journal entry automatically. It is that simple.

Create Journal Entries That Balance

Creating journal entries have one thing they all have in common.

The debit amount must balance with the credit amount. If the journal entry does not balance, the system will stop you from saving.

Deskera Books makes sure that the accidental unbalanced journal entries are not created

What our Customers Say About Us

Whatever your business
size, Deskera enables you to
simplify operations across
business functions. Here's
what our customers say
about us.

At GoDo, we understand that managing our finances and customer relationships is essential for our success. Deskera has provided us with an easy to use and intuitive platform that has enabled us to access our financial data, track customer relationships, and manage our finances with ease. We have been able to streamline our processes, better manage our finances, and stay on top of our customer relationships. We highly recommend Deskera to any business that is looking to stay organized and efficient.

Wesley Wright

CEO, GoDo Life

We are extremely pleased with our decision to switch to Deskera and have seen a significant improvement in our business operations since making the switch. The sales process was smooth from start to finish and customer support at every step of the implementation was stellar. Highly recommend Deskera to those looking for a great ERP solution.

Wally Mears

CEO, The Jungle

We implemented Deskera's integrated platform to improve our procurement and inventory management processes to streamline our operations and improve efficiencies. I highly recommend their platform to any company looking to accelerate their growth.

Scott Phetsalod

Laboratory Manager

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Even More Journal Entry Features That Make Your Life Easier
✓ Create and schedule recurring journal entries
✓ Create, edit and delete compound journal entries
✓ Create, edit and delete simple journal entries
✓ Group your contacts using different purchase and sales accounts
✓ Group your products using different cost of goods sold and inventory accounts
✓ Export Journal Entries
✓ Realtime Profit & Loss
✓ Realtime Balance Sheet and Trial Balance
✓ Realtime General Ledger
Boost your productivity
You can save 200+ hours annually by switching to Deskera. Sign up today to see the difference

Frequently Asked Questions

What is a journal entry?
Records of any transaction that occurs in business operations. Transaction records are then classified into different accounts based on the accounting standard.Click on the link below for more information on what is a journal entry in accounting, why is it important, and how to record it.https://www.deskera.com/blog/journal-entry/
Where can I find my journal entries in Deskera Books?
Go to the Accounting overview tab and click Journal Entry. You will then be able to create and see all the journal entries.
How are journal entries used?
Journal entries to populate the data for Profit and Loss, Balance Sheet, Trial Balance, General Ledger, Cash Flow Statement, and other Financial reports.
Can I create manual journal entries?
Yes you can create manual journal entries. They can be simple or compound journal entries.Click on the link below for more information on creating journal entries in Deskera Books.https://www.deskera.com/care/create-journal-entry-deskera-books/
Can I create unbalanced journal entries?
You can not create unbalanced journal entries in the system. This is a good thing as unbalanced journal entries can cause your balance sheet to become unbalanced.
Can different customers and vendors/suppliers have different sales and purchase accounts?
Yes each customer and vendor can select a different sales and purchase account.
What is a simple journal entries?
A simple journal entry is where you have a journal entry with one credit and one debit account with the same amount.
Can I export journal entries?
Yes, you can export journal entries, giving you the ability to slice and dice your information the way you want. External auditors may have a program that will analyze journal entries to check for any outliers. Exporting the journal entries will make it easier to run there program.Click on the link below on how to export journal entries in Deskera Books.https://www.deskera.com/care/export-journal-entries/
Is Accounts Payable a credit or debit?
Accounts Payable can have journal entries that have amounts on the credit or debit side. It is a liability account, so it should only have a zero or credit balance. The credit balance is how much you own your vendor/supplier.Click on the link below on more information on accounts payable.https://www.deskera.com/blog/accounts-payable/

Run Your Business With Deskera

What if you could replace at least three different SaaS tools (and their subscriptions) with a single application?

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Deskera

Books

ERP,Books,Invoice,Quotes,Purchase orders,Bills,Inventory management,Chart of accounts,Credit,Debit notes,Custom fields,Expense,Online Invoice Payments,Multi-Currency

CRM

CRM,Contacts,Deal Stages,Sales pipelines,Roles management,Helpdesk,Email campaigns,Conversion Funnels,Marketing Automation,Activity Management,Build Landing Pages,Lead Forms

People

HR Software,Run payroll,Submit claims and expenses,Manage leave and time-offs,Hiring Management

Features

Better accounting for businessPick, Pack, Ship with DeskeraBack orders with Deskera BooksInventory with Deskera BooksMoving on from QuickbooksMaking purchases with easeCustomized reports and moreBuilding contacts and relationshipsStay on top of your billingCreating quotes with Deskera BooksEasy tax filing with DeskeraCredit notes with Deskera BooksWarehouse management with DeskeraCustom fields in DeskeraDiscover customer relationsDebit notes with DeskeraKnow and work with your contactsDeposits with DeskeraEasy deals with Deskera CRM

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Deskera’s chart of accountsUser role management with DeskeraDropship with Deskera BooksManage payroll with DeskeraInvoicing with Deskera BooksAttendance and leaveJournal entries with DeskeraExpenses and claimsGeneral ledger in DeskeraBookkeeper and accountantsOpening balances with DeskeraAccounting softwareAutomate expense managementManage sales tasksAccept online paymentsDesign no-code landing pagesConvert better with funnelsCapture leads with formsAutomate marketing workflowsAutomate hiring process

Resources

GDPR

Company

Contact usWhy DeskeraAbout Deskera

Resources

GDPR

Features

Better accounting for businessPick, Pack, Ship with DeskeraBack orders with Deskera BooksInventory with Deskera BooksMoving on from QuickbooksMaking purchases with easeCustomized reports and moreBuilding contacts and relationshipsStay on top of your billingCreating quotes with Deskera BooksEasy tax filing with DeskeraCredit notes with Deskera BooksWarehouse management with DeskeraCustom fields in DeskeraDiscover customer relationsDebit notes with DeskeraKnow and work with your contactsDeposits with DeskeraEasy deals with Deskera CRMDeskera’s chart of accountsUser role management with DeskeraDropship with Deskera BooksManage payroll with DeskeraInvoicing with Deskera BooksAttendance and leaveJournal entries with DeskeraExpenses and claimsGeneral ledger in DeskeraBookkeeper and accountantsOpening balances with DeskeraAccounting softwareAutomate expense managementManage sales tasksAccept online paymentsDesign no-code landing pagesConvert better with funnelsCapture leads with formsAutomate marketing workflowsAutomate hiring process

Company

Contact usWhy DeskeraAbout Deskera

Resources

GDPR

Industries we serve

CafesShopify sellerFranchiseseCommerce

-

Creative agenciesManufacturingTourismIT resellers

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RetailRegional businessesStartups

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Wholesale tradingInformation technologyHealthcare

Industries we serve

CafesShopify sellerFranchiseseCommerceCreative agenciesManufacturingTourismIT resellersRetailRegional businessesStartupsWholesale tradingInformation technologyHealthcare

Industries we serve

CafesShopify sellerFranchiseseCommerceCreative agenciesManufacturingTourism

-

IT resellersRetailRegional businessesStartupsWholesale tradingInformation technologyHealthcare

Industries we serve

CafesShopify sellerFranchiseseCommerceCreative agenciesManufacturingTourismIT resellersRetailRegional businessesStartupsWholesale tradingInformation technologyHealthcare

Industries we serve

CafesShopify sellerFranchiseseCommerceCreative agencies

-

ManufacturingTourismIT resellersRetailRegional businesses

-

StartupsWholesale tradingInformation technologyHealthcare

Industries we serve

CafesShopify sellerFranchiseseCommerceCreative agenciesManufacturingTourismIT resellersRetailRegional businessesStartupsWholesale tradingInformation technologyHealthcare
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