Books is a newly released accounting program from DealPOS, designed to replace the previous system, accounting.dealpos.app. While its core function is similar to the old Accounting app, Books focuses on providing a simpler approach to bookkeeping.
One of the key advantages of Books is its seamless integration with the DealPOS system. This allows users to easily connect their POS with the accounting module, making financial management more efficient and reducing the need for manual adjustments.
In this article, we’ll walk you through some of the basic menus and features to help you get started with Books, so you can begin managing your bookkeeping quickly and effectively. So lets get started:
I. Dashboard
In the Dashboard menu, you can see a summary of your financial position displayed through graphical charts.
II. Cash and Bank
In the Cash and Bank menu, you can view the total balance of your Cash and Bank Chart of Accounts.
III. Chart of Accounts (COA)
Accounts: The Chart of Accounts (COA) is basically a list of all financial accounts in your company’s general ledger. Think of it as a map that helps you organize and understand your company’s finances in a simple way. From here, you can also create or add new COAs whenever you need.
Category: Showing list of Chart of Account category.
IV. Journal
Manual Journal
The General Journal, also known as the Manual Journal, is the first book where a company records its daily financial transactions, including those automatically generated from the POS. It is often called the book of original entries because all transactions are recorded here before being posted to other ledgers.
Record Expense
Record expense in accounting refers to the money spent or costs incurred by a business in its efforts to generate revenue.
Receive Money
Receive Money refers to income earned by a business from its normal operations, such as sales of goods or services.
V. Reports
General Ledger
A general ledger is the central record-keeping system of a company’s financial data, containing all debit and credit account entries that are verified through a trial balance.
Profit & Loss
A Profit & Loss is one of the three key financial statements that reports a company’s financial performance over a specific accounting period.
Balance Sheet
A balance sheet is a financial statement that reports a company’s assets, liabilities, and shareholders’ equity at a specific point in time, providing a basis for calculating rates of return and assessing its capital structure.
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DealPOS is an online point-of-sale (POS) application specifically designed for retail businesses in categories like Fashion, Minimarkets, Electronics, Fresh Food, and Building Material Stores.
With DealPOS, you can manage both online and offline store inventory in real-time on a single platform. You can also sell through omnichannel (offline and online) as DealPOS integrates with marketplaces (Shopee, Tokopedia, TikTok Shop, Lazada) and instant web stores (Shopify and WooCommerce).