The accounting functionality enables real-time visibility into financial health, enhances accuracy in financial reporting, and facilitates regulatory compliance. Relevant transactions for book keeping, such as payments, expenses and vouchers are automatically received from the services in the Visma.net platform.
The general ledger is the central accounting record of a company.
The tables in this section include base data for accounting.
You can create a single budget to be used during many years ahead, but you can also enter an unlimited number of budgets.
A voucher is an accounting document that serves as a record of a business transaction and verifies certain activities or expenses.
Incoming documents and vouchers usually arrive from other systems. They can be, for example, new supplier invoices, expense claims or payroll vouchers.
The customer ledger is a financial record that contains detailed information about transactions between a business and its customers.
The supplier ledger contains detailed information about purchases, payments made, outstanding balances, and any credits or adjustments related to the supplier.
This table contains one row for each general ledger account.
The following processings are available from the General ledger account table:
This table defines entries to be made as a result of entries on specific accounts.
The following processings are available from the Automatic entry table:
This table contains one row for each account group.
The following processings are available from the Account group table:
This table contains transactions posted on general ledger accounts.
The following processings are available from the General ledger transaction table:
This table contains one row for each accounting period having some flow, per general ledger account.
These tables contain one row for each accounting period having some flow, per combination of general ledger account and organisational unit.
This table is defined as a view in the database, and contains one row for each accounting period having some flow, per general ledger account.
This table contains one row for each profit and loss and balance sheet definition.
This table contains one row for each line in a profit and loss and balance sheet definition.
The following processings are available from the P&L and balance sheet definition line table:
This table determines which columns to show on profit and loss and balance sheet reports.
This table defines how currency corrections should be posted, per account interval.
This table contains the temporary results of an exchange rate adjustment, per transaction.
The following processings are available from the Currency correction data table:
The purpose of bank reconciliation is to match accounting transactions with account statement transactions from the bank.
Capital assets are any kind of property for long-term use that belongs to a company.
You can use Business NXT for electronic VAT reporting, either manually or automatically using the Visma.net AutoReport integration.
You can use Business NXT for electronic VAT reporting automatically using the connected service Visma.net AutoReport.
SIE files are used to exchange bookkeeping information between different systems, including the basis for financial statements.
