Accounting
Know where your money is, every day
Track what you owe and what you are owed, match bank lines to your records and read your reports when you need them. Connect QuickBooks if your accountant uses it.
The busy parts, handled
- Before: Bank statements checked line by line. With Octabiz: Bank lines matched to your records for you.
- Before: Late payments noticed weeks later. With Octabiz: Aging reports and reminders for what is owed.
- Before: Receipts lost in a drawer. With Octabiz: A receipt attached to each expense.
Everything in accounting
What you owe and are owed
Track bills and invoices with aging reports and payment reminders.
- Aging reports
- Payment reminders
- Payments matched
Bank matching
Connect your bank accounts and match each line to your records.
- Bank accounts connected
- Lines matched for you
- Differences shown straight away
Financial reports
Profit and loss, balance sheet, cash flow, trial balance and more.
- Profit and loss
- Balance sheet
- Cash flow
Expenses
Sort spending, attach receipts and see it by department, project or supplier.
- Receipts attached
- By department or project
- By supplier
Payments and refunds
Record payments, issue refunds and see what is still owed.
- Payments recorded
- Refunds
- Full history
Tax
Tax worked out for you, with reports ready for your accountant.
- Worked out for you
- Tax reports
- Export for your accountant
Up and running in 4 steps
- Connect your bank: Link your accounts so bank lines come in by themselves.
- Connect QuickBooks: Keep it in step if your accountant already uses it.
- Match and file: Match bank lines and attach receipts as you go.
- Read the reports: Profit, cash and what is owed, ready when you need them.
Accounting works with the rest of Octabiz
- Invoices: Paid invoices show in your books
- Point of sale: Till sales and costs in your books
- Online store: Online sales and marketplace fees recorded
- Payments: Card payments matched to invoices
Businesses using accounting
- Hotels: Rooms, reservations, front desk and housekeeping
- Rug cleaners: Pickups, rug tags, the wash floor and invoices
- Rug dealers: Every rug's size, origin, photos and price
Questions about accounting
Does it work with QuickBooks?
Yes. Connect QuickBooks and the two stay in step.
Can I see the books for each branch?
Yes. Look at each location on its own or all of them together.
Can my accountant get the reports?
Yes. Export your tax and financial reports and send them over.
See your own books in Octabiz
A 30-minute call with someone from our team. We set it up with your own details so you can see how it would work for you.