The Accounting group holds the foundations everything else sits on.
Chart of accounts
Accounting → Chart of accounts. Your list of accounts, each with a code, name and type (asset, liability, equity, revenue, expense). New companies are seeded with a standard South African chart. For revenue accounts you can set a VAT treatment (standard, zero-rated, exempt or out-of-scope) — this drives how supplies are split on your VAT201.
Projects & classes (dimensions)
Accounting → Projects & classes. Tag invoices, bills and journal entries to a project, class or location, then see profitability by project in Reports. Great for job costing.
Import from Xero / Sage
Accounting → Import from Xero/Sage. Bring your history across in three steps:
1. Chart of accounts — a CSV of code, name, type. 2. Customers & suppliers — CSV of name, email. 3. Opening trial balance — a CSV of code, debit, credit; 360books checks it balances and posts a single, reversible opening journal entry at your conversion date.
Activity log
Accounting → Activity log. A who-did-what audit trail — invoices issued, payments recorded, bills approved, members invited, and more.
Under the hood — the ledger
Every module (invoicing, bills, banking, payroll, depreciation) posts through one double-entry general ledger with a balance-enforcing rule, so your books can never go out of balance. You can view it all in Reports → General Ledger.
Next: The AI CFO →