Finance and accounting
Accounting that writes itself as you work
Sales, purchases, payments and expenses post balanced entries for you. Read the trial balance, profit and loss, balance sheet and cash flow at any moment.
What you can do
Everything below is part of storek today, in the same system as your sales and your stock.
- A ready chart of accounts A standard account tree to start with, which you can extend with your own accounts.
- Entries posted for you Every sale, purchase, payment and expense posts a balanced entry. Manual entries are there when you need them.
- Four financial statements Trial balance, profit and loss, balance sheet and cash flow, plus a statement for any account.
- Cash, banks and wallets Your money accounts with live balances, transfers between them, deposits, withdrawals and cheques.
- Income and expenses Record rent, bills and other costs, or fees and other income, and pay or collect them.
- Fixed assets Record equipment and vehicles, run their depreciation and retire or sell them.
How it works with the rest of storek
One action, and the rest of the system follows on its own.
- Work happens A sale, a purchase or an expense.
- Entries are posted Balanced, permanent and dated.
- Balances move Cash, banks and customers update.
- Reports are ready Statements read the ledger live.
Questions and answers
Short answers in plain words. Did not find yours? Write to us.
Ask our teamDo I need to write journal entries?
No. Sales, purchases, payments and expenses post balanced entries for you.
Can I still post a manual entry?
Yes. Post a balanced manual entry whenever you need one.
Can a posted entry be changed?
No. The ledger is permanent. Corrections are new entries, so the history stays clear.
Does it come with a chart of accounts?
Yes. A standard tree is ready, and you can add your own sub accounts.
Which financial statements are there?
Trial balance, profit and loss, balance sheet and cash flow.
Can I see one account in detail?
Yes. The account statement shows the opening balance, every movement and the closing balance.
What are cost centres?
Labels such as a branch or a project you put on entries to read reports per centre.
Can I close my financial year?
Yes. Define your fiscal years and run the year end close from one guided screen.
What money accounts can I keep?
Cash drawers and safes, bank accounts and digital wallets, each with a live balance.
Can I move money between accounts?
Yes. A transfer moves money from one account to another once it is approved.
Can I record cash in and cash out?
Yes. Deposits and withdrawals are recorded and posted for you.
Can I track cheques?
Yes. Keep a register of cheques with their due dates, from pending to collected or returned.
What if the cash count does not match?
Record a balance settlement. A surplus becomes income and a shortage an expense.
How do I record an expense like rent?
Record the expense and pay it from an account. The cost is posted for you.
Can I record income that is not a sale?
Yes. Record fees or other income and collect them into an account.
Can I manage fixed assets?
Yes. Register equipment or vehicles under a category with its depreciation method.
How is depreciation handled?
Run the periodic depreciation from one list, and the charge is posted for you.
Can I sell or retire an asset?
Yes. Dispose of an asset or sell it, and the cash and income are booked in one action.
Do sales post the cost of goods too?
Yes. Completing a sale posts both the revenue and the cost of the goods sold.
Are taxes part of the invoices?
Yes. Invoices calculate the taxes you set for your products.
Is the money precise?
Yes. Amounts are worked out on the server with four decimal places.
Does the balance sheet always balance?
It checks the accounting equation every time you open it.
Can I print the reports?
Yes. Every report is a clean, printable page.
Can my accountant work in the same system?
Yes. Your accountant reads and posts in the same ledger your sales feed.
How do I start?
Start a free trial, sell and buy as usual, then open the reports to see them filled.
Try it in your own shop
Start a free trial with every feature of storek, or tell us about your business and we will show you the way.