Complete double-entry bookkeeping with chart of accounts, warehouse-ledger accounts, automatic journal entries from sales and purchases, money transfers between locations, and balance sheet, trial balance, income statement, and ledger reports.
The SehaCore Accounting module brings professional double-entry bookkeeping into your ERP. The chart of accounts is hierarchical: root types (Assets 1XXX, Liabilities 2XXX, Equity 3XXX, Revenue 4XXX, Expenses 5XXX) with sub-categories; you can create, edit, and manage the tree. Each warehouse has its own ledger accounts linked to the chart — with name, code, and optional opening balance — so every location has a full set of books. Journal entries are created automatically from sales, purchases, expenses, stock adjustments, and money transfers; each entry has balanced debit and credit lines against warehouse accounts. Money transfers move funds between warehouse accounts (from/to warehouse and account), with optional approval workflow (pending, approved, rejected). Reports include a balance sheet (assets, liabilities, equity, plus retained earnings from revenue and expenses), trial balance (all accounts with debits and credits as at a date), income statement (revenue and expenses for a date range with net income), and ledger (transaction-level detail and running balance for any warehouse account). All reports can be filtered by warehouse and by date for accurate, audit-ready financials.
Hierarchical structure: root types (Assets, Liabilities, Equity, Revenue, Expenses) and sub-categories with code and name; list and tree view; create, edit, and manage; root types protected.
Link each warehouse to the chart of accounts; create ledger accounts per warehouse with name and code; set opening balance; supports COGS, Owners Capital, and expense category linkage.
Double-entry: every entry has balanced debit and credit lines against warehouse accounts; auto-created from sales, purchases, expenses, stock adjustments, and money transfers; view by reference and date.
Transfer funds between warehouse accounts; from/to warehouse and account; amount, date, reference, notes; creates a journal entry; list, create, and view transfer details.
Optional approval workflow for money transfers: pending, approved, or rejected; record approver, approval date, or rejection reason for audit and control.
Assets (1XXX), Liabilities (2XXX), Equity (3XXX) with sub-categories; retained earnings (net income) in equity; as-at date; filter by warehouse; ensures assets = liabilities + equity.
All accounts (1XXX–5XXX) with debits and credits as at a date; grouped by main category and sub-category; total debits equal total credits; filter by warehouse.
Revenue (4XXX) and Expenses (5XXX) for a date range; sub-categories and account-level detail; total revenue, total expenses, and net income; filter by warehouse.
Transaction-level detail for any warehouse account; date, reference, memo, debit, credit, running balance; optional from/to date range; opening and closing balance.
Sales, purchases, expenses, and stock adjustments post to the ledger automatically; each transaction creates a journal entry so books stay in sync with operations.
Set opening balance on warehouse accounts; used in balance and trial balance calculations with journal activity for accurate as-at reporting.
All financial reports support warehouse filter (one location or consolidated) and date: as-of for balance sheet and trial balance, from/to for income statement and ledger.
Ready to streamline your finances?