Accounting

The Accounting page is a real set of double-entry books for one business at a time.

It keeps a chart of accounts, records journal entries as balanced debits and credits, and produces the three statements those entries roll up into: a trial balance, a balance sheet, and an income statement. It is business-scoped — the page opens on the business active in the account switcher (or your first business), and the selector at the top changes it. With no business yet, the page asks you to add one first. It has three tabs: Chart of Accounts, Journal Entries, and Statements. The first time you open it for a business, a standard chart of accounts is seeded automatically. Every amount is stored and computed in integer cents and displayed as formatted dollars.

How to

Review and extend the chart of accounts

Open Accounting and make sure the correct business is selected at the top.
On the Chart of Accounts tab, accounts are grouped by category — Assets, Liabilities, Equity, Income, Expenses — each showing its code, name, and type; inactive accounts carry an 'inactive' badge.
Click '+ Add account'. Enter a Name (required) and Code, choose the Category and an Account type, and optionally a Parent account.
Choosing a Category pre-sets the Normal side (Debit or Credit) and 'Appears on' (Balance sheet or Income statement); you can change either before saving.
Click 'Create account'. The new account appears in its category group.

Post a journal entry

On the Journal Entries tab, click '+ New journal entry'. (Add a few accounts first if the chart is empty.)
Set the Date and a Description of what the entry records.
For each line, pick an account and enter either a debit or a credit amount in dollars (typing one clears the other on that line). Add a memo if useful.
Use '+ Add line' to add more lines, or × to remove one (an entry always keeps at least two). Watch the running Debits and Credits totals and the indicator — it reads 'Balanced ✓' only when the two sides are equal, otherwise 'Not balanced ✗' with how far off it is.
'Post entry' stays disabled until the entry is balanced and has at least two lines with amounts. Click it to save.
Back on the tab, entries are listed newest first; click one to expand its account lines.

Run a financial statement

Open the Statements tab and choose Trial Balance, Balance Sheet, or Income Statement.
For Trial Balance and Balance Sheet, set the 'As of' date. For the Income Statement, set the 'From' and 'To' dates.
The statement runs when you open the tab or pick a statement; click 'Run' after changing the dates to recompute it. It renders as tables with totals; net income on the income statement is green when positive and red when negative, and the trial balance and balance sheet show an 'In balance ✓' or 'Out of balance ✗' badge.

Reference

Chart of accounts: The full list of accounts the business books to, grouped by root category (Asset, Liability, Equity, Income, Expense). Seeded with a standard set on first use; extend it with '+ Add account'.
Normal side: Whether an account normally carries a debit or credit balance. Assets and expenses are debit-normal; liabilities, equity, and income are credit-normal. Auto-set from the category when you create an account.
Journal entry: A single dated transaction recorded as two or more lines of debits and credits. The total of debits must equal the total of credits; the editor blocks saving an unbalanced entry.
Trial Balance: A snapshot listing every account's debit or credit balance as of a date, with column totals. When debits equal credits the books are in balance.
Balance Sheet: Assets, Liabilities, and Equity as of a date. Shows whether the sheet is in balance (assets equal liabilities plus equity).
Income Statement: Income minus Expenses over a date range, yielding Net income — shown green when positive and red when negative.