Accounts Overview
Table Of Contents
Overview
The Accounts area of Khaos Control contains the tools and reports used to manage your company's financial information, including banking, VAT, nominal accounts, debt management, stock valuation and financial reporting.
Like many areas of Khaos Control, there is often more than one way to complete a task. Throughout the Knowledge Base, we aim to explain the quickest and most straightforward methods wherever possible.
Accounts Tabs and Menus
The Accounts section is made up of the following tabs and menus.
Bank Accounts
Used to manage bank accounts, bank transactions and reconciliations.
Tax (VAT)
The Tax (VAT) section contains tools for VAT reporting and statutory submissions.
Available Tabs
- Tax Register
- Intrastat
- EC Sales List
Nominal Accounts
Provides access to the core nominal ledger and supporting financial reports.
Available Tabs
Reconcile Nominal Transactions
Used to reconcile nominal account postings and balances.
SP Ledger
Used to manage supplier invoices, credits and supplier ledger transactions.
Debt Management
The Debt Management section helps you monitor and manage outstanding customer balances and payment behaviour.
Available Tabs
Profit & Loss
Used to analyse company profitability and financial performance.
Available Tabs
- Profit & Loss
- Accounts Tree
Balance Sheet
Provides Balance Sheet reporting and account analysis.
Stock Value
The Stock Value section provides a range of stock valuation and stock analysis reports.
Available Tabs
Other Actions
Provides access to additional accounting functions and processes.
Journal Templates
Used to create reusable journal entries and accounting templates.
Customer and Supplier Accounting Information
Accounting information for individual customers and suppliers can also be found within the:
This area includes transaction histories, balances, payments and account activity.
Accounts Close Down Procedures
Khaos Control supports both monthly and annual accounting period close-down processes.
For step-by-step guidance, see:
Accounts Integration
The Accounts Integration area covers the tools used to exchange accounting information with third-party accounting systems.
Supported integrations include software such as:
- Xero
- QuickBooks
For more information, see:
Accounts Glossary
If you are unfamiliar with accounting terminology, an Accounts Glossary is available to help explain common financial terms used throughout Khaos Control.
For more information, see: