Each of these runs today in the ledger and the web edition. The demo replays what it did on a sample company, so you can see it and not just read about it.
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Posted entries stay as they were
Once an entry is posted, nobody can edit or delete it, including a program with direct access to the company file. A mistake is fixed with a new entry that cancels the old one and points back to it.
See it in the demo (opens in a new tab)
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Every entry balances
An entry only posts when debits equal credits. The books check this again every time the file opens.
See it in the demo (opens in a new tab)
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An edit history nobody can rewrite
Every change is written to a history where each record carries a fingerprint of the one before it. Altering a record breaks the chain, and the next check names the exact record.
See it in the demo (opens in a new tab)
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A signed receipt of the history
The engine signs the end of the history each day and saves a copy of the receipt outside the company file, in a folder you choose. If anyone later deletes the newest records, the check against a receipt names what is missing, even if they also clean up inside the file.
See it in the demo (opens in a new tab)
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See exactly what changed, and by whom
Every edit lists the fields that changed with the value before and after, and the person, the computer and the sign-in session behind it. Tax and bank identifiers are masked, so a secret never appears in full in the history.
See it in the demo (opens in a new tab)
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A searchable audit report
Search the history by person, computer, session, kind of action, subject and date, and export it as a spreadsheet file for an accountant or auditor. Backups and repairs are written to the same history.
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Invoices, bills and payments
Send invoices with sales tax, enter bills, record payments and apply one payment to several invoices. Who owes you and what you owe update as you go, and a voided document leaves a visible reversal behind.
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Bank statements, matched for you
Bring in a statement from your bank as an OFX, QFX or CSV file. Each line is matched to an invoice or bill when the amount and name agree, or filed by a rule you set once. Lines you bring in twice are spotted and skipped.
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Reconcile against the statement
Tick off what cleared and watch the difference fall to zero. A finished reconciliation is kept with its statement balance, and undoing one needs a reason that goes into the history.
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Reports an owner can read
Profit and loss, balance sheet, every account (trial balance), who owes you, what you owe, a single account in detail and sales tax, each with a CSV download and a print view.
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Bring in books from QuickBooks
Load a QuickBooks IIF export: accounts, customers, vendors and transactions come across, and a tie-out compares the totals with the file.
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Closed months stay closed
Lock a period and nothing can be posted into it. The lock can be extended and never lifted.
See it in the demo (opens in a new tab)
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Encrypted company files
Each company is one encrypted file on your computer. Account names and amounts are unreadable without the key.
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Plain mode and Accountant mode
The same books in two views. Plain mode says money in, money out, who owes you and what you owe. Accountant mode shows the chart of accounts, journal, edit history, month close and backups.
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A month-close assistant
Seven checks, from drafts and earlier months to bank matching, odd balances, tax lines and backups, each say what they found and what to do next. When nothing blocks, the month closes with one click and the result is written to the history.
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Windows and Mac apps in test
Test builds of both apps run today. Each opens the same screens in its own window, keeps your books on your computer with the key held by Windows or the Mac keychain, and checks your licence once before working without the internet. Signed installers are next.
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Checks, snapshots and repair
The file checks itself when it opens. A damaged file is kept aside and the newest snapshot that passed every check is restored. With no good snapshot the file opens for reading only, so nothing gets worse.
See it in the demo (opens in a new tab)