Free Accounting tools

Login and users

  • Create an account and log in with a username and password.
  • Each user has separate books. Log out from the top bar.
  • Data is saved in your browser only.

Entering transactions

  • Simple entry: pick what happened (sale paid or on credit, customer pays us, expense paid or on credit, we pay a bill, owner puts in or takes money). The page makes the debit and credit lines for you.
  • Debit / credit entry: the full journal form with as many lines as you need. Save only works when debits equal credits.
  • Optional fields on every entry: person name, company, and a reference such as an invoice or order number.
  • Edit or delete any entry from the journal list.
  • Sample data button and Clear all button.

Books and reports

  • General journal: all entries, newest first.
  • General ledger: entries posted to each account automatically, with running balances and a “Balance brought forward” line when you filter by date.
  • Trial balance: totals for each account, a check that debits equal credits, a profit or loss line, and a Print button.
  • Income statement and balance sheet on the Reports tab.
  • Date filter: From and To dates with quick buttons for this month, this year and all dates.

Invoices and bills

  • Create an invoice (a customer owes you) or a bill (you owe a supplier), with a due date.
  • The page makes the journal entry and numbers it, for example INV-001 or BILL-001.
  • Record full or part payments. Status shows Unpaid, Part paid, Paid or Overdue.
  • Overview of money owed to you and by you, plus lists of customers who owe you and suppliers you owe.

Find by name

  • Search by person or company to see every entry and totals by account.

Tax

  • Optional tax rate % on sales, expenses, invoices and bills.
  • A sales tax / VAT summary showing tax collected, tax paid, and what you owe or are due back.

Setup and control

  • Accounts tab: a ready chart of accounts for a website business. You can add or delete accounts.
  • Opening balances for starting in the middle of a year.
  • Settings: book or business name, logo image, currency label, and a year lock that stops changes on or before a date.

Excel and backup

  • Save to Excel: a file with sheets for Journal, Ledger, Trial Balance, Income Statement, Balance Sheet, Invoices and Accounts.
  • Open Excel: restores your books from a file saved by this program.
  • A backup reminder appears if you have not saved to Excel for 7 days.

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