Accounting

Accounting isn’t a bolt-on in Orbit — it’s the ledger every other module posts to. A Sales Invoice, a Purchase receipt, a payroll run, an asset depreciation entry: each one creates real General Ledger entries against your chart of accounts, not a separate “accounting sync” step.

Chart of Accounts

A standard, unified chart of accounts (Assets, Liabilities, Equity, Income, Expenses) that every other module maps into — Sales maps to Revenue accounts, Purchase to GRNI/Payables, Inventory to Stock-in-Hand, and so on, so your GL always reflects real operational activity.

General Ledger & Journal Entries

• General Ledger — every posted transaction, drillable by account.
• Journal Entries — manual entries for anything that doesn’t come from another module automatically.
• Fiscal Years — your accounting periods, set from the fiscal-year-start-month you chose during first login.
• Exchange Rates — multi-currency support; transactions in a foreign currency post at the rate in effect on that date.
• Payment Receipts — recording money in/out against invoices, feeding straight into AR/AP aging.

Financial Reports

• Income Statement (P&L)
• Balance Sheet
• Trial Balance
• Cash Flow
• Cash Book
• VAT / GST Return, with configurable tax type and filing period
• AR Aging / AP Aging
• Tax Settings

Every report exports to CSV or prints directly.

How other modules feed this one

• Sales Invoices and their partial payments update AR aging in real time — no “any payment marks it fully paid” shortcut.
• Purchase Orders post a GRNI (Goods Received, Not Invoiced) entry on receipt, cleared when the matching Purchase Invoice lands.
• Inventory adjustments and warehouse stock movements post their own GL entries via FIFO or weighted-average costing, depending on how a product is configured.

See also: Sales, Purchase, Inventory & Warehouse.