Accounts Overview
The following sections contain information relating to the accounting functionality within Khaos Control. In Khaos Control, as in most software, there is often more than one way to do the same thing. Throughout, we try to show the quickest and most straightforward methods.
The accounts section is comprised of the following tabs and menus:
- Bank Account Tab
- Tax (VAT) Tab
- Nominal Accounts Tab
- Reconcile Nominal Transactions
- SP Ledger Tab
- Debt Management Tab
- Profit & Loss Tab
- Balance Sheet Tab
- Stock Value
- Other Actions Menu
- Journal Templates
Customer/Supplier
Accounting information relating to specific (or groups of) customers or suppliers can also be found in the Customer / Supplier Statement Tab.
Accounts Close Down Procedures
Accounts in Khaos Control can be closed down monthly and annually, see How To: Close Down Accounts.
Accounts Integration
This area covers the screens used when integrating with accounting packages such as Xero and Quickbooks.
Accounts Glossary
An Accounts Glossary has also been provided to assist those less familiar with accounting terminology.