Accounting & tax
The ledger, Ghana VAT and withholding, owner statements, reporting.
8 articles
Bank reconciliation, budgets and fixed assets
Import a statement, match lines to ledger entries, compare budget to actual, and depreciate an asset register that posts.
6 min readProperty managersCorrecting a posted entry
Posted entries cannot be edited. You reverse the original with a reason, then post the correct one.
5 min readProperty managersForeign currency and revaluation
Balances in another currency revalue into the books, and the original amount and currency are never overwritten.
5 min readProperty managersLandlords & ownersGhana VAT and levies on what you bill
Levies compute on the net and VAT on net plus levies, which is what produces the compounded effective rate.
6 min readProperty managersLandlords & ownersHow the ledger works
Every operational event posts into one double-entry ledger, and a batch that does not balance has no way in.
6 min readProperty managersLandlords & ownersOwner statements and management fees
Fees and owner payables accrue as the rent arrives, so a statement is a query rather than a spreadsheet.
5 min readProperty managersLandlords & ownersWhy a payment posts only once
Postings are keyed on the event that caused them, so a retried webhook or a repeated job cannot double-count.
4 min readProperty managersLandlords & ownersWithholding tax on supplier invoices
Qualifying supplier invoices carry withholding, the withheld amount sits as a liability, and the expense is recorded gross.
5 min readProperty managers