Accounting

Kaydro keeps a real set of books. You do not have to look at them for the system to work — every sale, purchase, expense and payment posts itself. But when you need them, they are there and they are correct.

Chart of Accounts — the list of accounts your business uses, arranged in a tree. Kaydro ships a sensible chart; add to it rather than rebuilding it.

Journal — every entry, with who posted it and when. Entries can be drafted and then posted; a posted entry is never edited, only reversed.

Opening balances — what you were holding on the day you started using Kaydro. There is a wizard for this. Do it once, at the beginning.

Settings — your financial year, the date before which nobody may post, the default taxes, and your currency.

The tax return screen gathers the period's sales and purchases into the figures a return asks for, with a deadline you can see coming.