Finday guides, step by step.

• Accounting › Chart of Accounts

  Chart of Accounts & Opening Balance Sheet

  Set up the company's accounts, then carry the balance sheet over from your old books as Finday's opening balances.

  2 tutorials

  1. Set up the chart of accounts
  2. Enter the opening balance sheet

• Master Data › Products

  Products

  The goods and services you buy and sell, with their units, default prices and the accounts used in transactions.

  2 tutorials

  1. Add products and services
  2. Import products from a spreadsheet

• Master Data › Contacts

  Contacts

  The customers and vendors you pick in sales and purchases, with their accounts, addresses and tax identity.

  2 tutorials

  1. Add customers and vendors
  2. Import contacts from a spreadsheet

• Accounting › Chart of Accounts › Opening balances

  Opening Inventory

  The stock already in your warehouses when you start with Finday, with quantity and value per product.

  1 tutorial

  1. Record opening inventory

• Accounting › Chart of Accounts › Opening balances

  Opening Receivables & Payables

  Customer invoices and vendor bills still open at the cutover date, so their receipts and payments can be recorded in Finday.

  1 tutorial

  1. Import opening receivables and payables

• Master Data › Assets

  Assets

  The company's fixed asset register with cost and depreciation, so monthly depreciation is worked out in Finday.

  1 tutorial

  1. Register the fixed assets you already own

• Transaction › Tax

  Tax

  The company's tax identity, VAT and WHT rates, their accounts and the Coretax settings, before the first taxed transaction.

  3 tutorials

  1. Fill in the company's tax identity
  2. Add VAT and WHT rates
  3. Set up the VAT accounts and Coretax

Coming next: Settings · Employee

• Transaction › Purchase & Expenses

  Purchase & Expenses

  From the order to your vendor to a paid bill: purchase orders, approvals, goods receipts, bills and payments.

  5 tutorials

  1. Create a purchase order
  2. Approve purchase orders and bills
  3. Record a goods receipt
  4. Create a purchase bill
  5. Pay a purchase bill

Coming next: Sales · Cash & Bank · DocVision · Employee CA & Claim · Payment Schedule · Payroll

Coming next: Journals · Month End Close · Tax · Report