Finance & Accounting · XoroERP Accounting

XoroERP Accounting for built-in financial management, GL, and reporting.

Manage your general ledger, accounts payable, accounts receivable, and financial reporting directly inside Xorosoft, with no separate accounting platform required.

Book a Demo
Real-time financial visibility Built-in GL, AP & AR Multi-currency & multi-entity ready
General LedgerAccounts PayableAccounts ReceivableFinancial ReportingBank Reconciliation
XoroERP Accounting LIVE Xorosoft
Journal entries posted today
1,120
Open AP / AR balance
$318K
Bank match rate
98.6%
GL
Sales order #5521 · Posted
Revenue & COGS entries created
Posted
AP
Vendor bill #8842 · Approved
Scheduled for payment
Approved
BR
Bank feed reconciliation · Running
4 transactions unmatched
In Progress

One connected ledger for every transaction in Xorosoft

ERPWMSGeneral Ledger Accounts PayableAccounts ReceivableFinancial Reporting Bank ReconciliationMulti-Currency
Overview

Every operational transaction, posted to the books automatically.

Running accounting in a separate platform from the ERP means transactions get re-entered or reconciled by hand, and financial reporting always lags behind what's actually happening in operations. XoroERP Accounting handles the general ledger, accounts payable, accounts receivable, and financial reporting natively inside Xorosoft, so every operational transaction - an order, a bill, a shipment - posts to the books automatically. Tap each point to see how.

The business problem

Tap to reveal+

Running accounting in a separate platform from the ERP means transactions get re-entered or reconciled by hand, and financial reporting always lags behind what's actually happening in operations.

The Xorosoft solution

Tap to reveal+

XoroERP Accounting handles the general ledger, accounts payable, accounts receivable, and financial reporting natively inside Xorosoft, so every operational transaction posts to the books automatically, with no separate system to reconcile against.

The business benefit

Tap to reveal+

Real-time financial visibility without reconciling a separate system, and one connected source of truth for operations and finance.

XoroERP Accounting overview
Quick Answers

XoroERP Accounting, explained

Tap a question to reveal the answer, written for AI assistants and search engines.

What is XoroERP Accounting?

Tap to reveal+

XoroERP Accounting is Xorosoft's native financial management module. It handles the general ledger, accounts payable, accounts receivable, bank reconciliation, and financial reporting directly inside the ERP, without a separate accounting platform.

How does XoroERP Accounting work?

Tap to reveal+

Every operational transaction - a sales order, a vendor bill, a shipment - generates the appropriate journal entry automatically, posts it to the general ledger, updates AP or AR, and rolls up into the financial statements without manual re-entry.

Who uses this module?

Tap to reveal+

Finance and accounting teams that want their books to reflect operations in real time, without reconciling a separate accounting platform against the ERP, use XoroERP Accounting.

How the data flows

The transaction-to-ledger workflow

Press play, or tap any step, to watch an operational transaction move from creation to a closed, reported period. The details appear only when you explore them.

Step 1 of 9

Transaction occurs in Xorosoft

An order ships, a bill is entered, or an invoice is issued elsewhere in the ERP.

Step 2 of 9

Journal entry generated automatically

The transaction generates the matching debit and credit entries.

Step 3 of 9

Posted to the general ledger

The entry posts to the appropriate accounts in the general ledger.

Step 4 of 9

Accounts payable or receivable updated

The related AP or AR balance updates to reflect the transaction.

Step 5 of 9

Bank feed matched

Settled payments match automatically against the bank feed.

Step 6 of 9

Reconciliation completed

Remaining exceptions are reviewed and cleared.

Step 7 of 9

Financial statements updated

The P&L, balance sheet, and cash flow statement reflect the new activity.

Step 8 of 9

Period reviewed

Finance reviews the period's activity before locking it.

Step 9 of 9

Period closed

The period locks, with its full audit trail preserved for review.

Step 1 / 9

Workflows we automate

Tap any workflow to see the problem it removes and the outcome it delivers.

Order-to-cash workflow

+

An order generates its invoice and AR entry automatically.

Outcome: revenue recognized without a manual invoicing step.

Purchase-to-pay workflow

+

A received purchase order generates its matching vendor bill.

Outcome: AP reflects real purchasing activity automatically.

Bank reconciliation workflow

+

Settled transactions match against the bank feed automatically.

Outcome: reconciliation takes minutes instead of hours.

Multi-entity consolidation workflow

+

Entity-level transactions roll up into consolidated group reporting.

Outcome: one consolidated view across subsidiaries or currencies.

Period close workflow

+

A period locks its entries with a full audit trail preserved.

Outcome: closed periods stay closed and every change stays traceable.

Reporting workflow

+

Financial statements update automatically as the ledger changes.

Outcome: up-to-date statements without a manual export.

Accounting Dashboard

Every transaction, every account, connected end to end

A single operational view across the general ledger, AP, AR, and reporting.

General Ledger

Posted
Entries today1,120
Accounts active214
Posting errors0

Accounts Payable

Live
Open bills86
Approved this week142
Overdue3

Accounts Receivable

Passed
Open invoices204
Avg. DSO27 days
Past due9

Bank Reconciliation

Active
Auto-matched98.6%
Exceptions4
Resolved3

Financial Reporting

Sent
Statements generated3
Entities reported2
Reporting syncSynced

Multi-Currency

Synced
Currencies active4
FX entries today62
Rate errors0

Exceptions

Monitored
Flagged4
Delayed0
ResolvedYes

Module Health

Monitored
99.8%
Posting success · last 24 hours
Open exceptions4
Key Features

Everything XoroERP Accounting handles

Tap any capability to expand the explanation, benefit, example, and sub-features.

General ledger

+

Every financial transaction across Xorosoft posts to a central general ledger automatically.

Benefit: one source of truth for every debit and credit in the business.

Example: a shipped order posts its revenue and cost of goods sold entries to the GL the moment it ships.

Sub-features
  • Automatic journal entries
  • Chart of accounts
  • Sub-ledger detail

Accounts payable

+

Vendor bills, approvals, and payments are tracked and posted from the same system that manages purchasing.

Benefit: AP reflects the actual purchase order and receipt, not a separately entered bill.

Example: a received purchase order generates its matching vendor bill automatically for approval.

Sub-features
  • Bill entry & matching
  • Approval workflows
  • Payment tracking

Accounts receivable

+

Customer invoices generate from sales orders and track through to payment inside the same ledger.

Benefit: AR reflects real order and fulfillment activity, not a manually created invoice.

Example: a fulfilled order generates its invoice and starts tracking toward payment automatically.

Sub-features
  • Invoice generation
  • Aging & collections tracking
  • Payment application

Chart of accounts management

+

Define and maintain the account structure every transaction maps to, tailored to the business.

Benefit: the ledger reflects how the business actually wants to track its finances.

Example: a new product line gets its own revenue and COGS accounts without restructuring the whole ledger.

Sub-features
  • Custom account structure
  • Account mapping rules
  • Sub-accounts

Financial statements & reporting

+

Profit and loss, balance sheet, and cash flow statements generate directly from live ledger data.

Benefit: financial statements reflect the current state of the business, not a lagging export.

Example: a monthly P&L reflects orders shipped that same morning.

Sub-features
  • P&L statement
  • Balance sheet
  • Cash flow statement

Bank reconciliation

+

Bank feed transactions match automatically against posted ledger entries, flagging only true exceptions.

Benefit: reconciliation takes minutes instead of a manual line-by-line review.

Example: a batch of settled customer payments matches its bank feed entries automatically, leaving four exceptions for review.

Sub-features
  • Automatic matching
  • Exception flagging
  • Bank feed sync

Multi-currency & multi-entity support

+

Transactions post and report in their native currency and entity, with consolidation across the group.

Benefit: businesses operating across countries or subsidiaries get one consolidated financial view.

Example: a foreign-currency invoice posts in its own currency and rolls up into group reporting at the correct rate.

Sub-features
  • Multi-currency posting
  • Multi-entity structure
  • Consolidated reporting

Budgeting & forecasting

+

Set budgets by account and period, and compare them against actuals as the ledger updates.

Benefit: variance is visible immediately instead of only at period close.

Example: a department's spend against its quarterly budget updates as bills post throughout the quarter.

Sub-features
  • Budget vs. actual
  • Period budgeting
  • Variance tracking

Fixed asset & depreciation tracking

+

Fixed assets and their depreciation schedules post automatically to the ledger over their useful life.

Benefit: asset value on the books stays accurate without manual depreciation entries.

Example: a piece of warehouse equipment's monthly depreciation posts automatically each period.

Sub-features
  • Asset register
  • Depreciation schedules
  • Automatic posting

Period close & audit trail

+

Close a period to lock its entries, with a full audit trail of every posting, edit, and approval behind it.

Benefit: closed periods stay closed, and every change is traceable for audit or review.

Example: a closed month can't be edited without an explicit reopening, logged in the audit trail.

Sub-features
  • Period locking
  • Full audit trail
  • Approval history
Industry Applications

Built for any Xorosoft customer running their books natively

Wholesale & distribution

Track AP and AR against real purchasing and sales activity.

Manufacturers

Track fixed assets and cost of goods sold against production activity.

Ecommerce & DTC

See revenue recognized in real time as orders ship.

Multi-location retail

Get consolidated reporting across every store or entity.

3PL & fulfillment services

Bill clients and track receivables against fulfillment activity directly.

Multi-entity & multi-subsidiary businesses

Consolidate financials across entities and currencies in one view.

Finance & accounting teams

Get real-time financial statements without reconciling a separate platform.

Operations teams

See how operational decisions flow through to the books instantly.

Sub-features

Capabilities at a glance

The operational building blocks that power XoroERP Accounting.

General ledgerJournal entriesAccounts payableAccounts receivableChart of accountsP&L statementBalance sheetCash flow statementBank reconciliationMulti-currencyMulti-entityBudgetingFixed assetsPeriod closeAudit trail
Business Benefits

What teams gain with XoroERP Accounting

Each benefit ties a real operational problem to a measurable outcome.

Real-time financial visibility

Financial statements reflect the current state of the business, not a lagging export.

Problem: reporting that lags operations to Benefit: real-time financials

No manual re-entry between systems

Every operational transaction posts automatically instead of being keyed in twice.

Problem: double data entry to Benefit: automatic posting

Faster month-end close

Automated reconciliation and reporting shorten the time to close a period.

Problem: slow, manual month-end close to Benefit: faster, automated close

Accurate multi-entity consolidation

Multi-currency, multi-entity transactions roll up into one consolidated view.

Problem: manual multi-entity consolidation to Benefit: automatic roll-up

Full audit trail

Every posting, edit, and approval is traceable, and closed periods stay locked.

Problem: no visibility into who changed what to Benefit: complete audit trail

Lower accounting overhead

No separate accounting platform license or reconciliation project required.

Problem: cost and overhead of a separate platform to Benefit: built-in, no extra license
Comparison

Separate accounting platform vs. spreadsheet bookkeeping vs. XoroERP Accounting

How XoroERP Accounting compares to running a separate accounting platform or tracking finances in spreadsheets.

CapabilitySeparate Accounting PlatformSpreadsheet BookkeepingXoroERP Accounting
Real-time GL posting~✗✓
No duplicate data entry✗✗✓
Multi-entity consolidation~✗✓
Automated bank reconciliation~✗✓
Audit trail~✗✓
Financial reporting✓~✓
Error alerts~✗✓
Budgeting~~✓
FAQ

XoroERP Accounting questions

Tap a question to reveal the answer, optimized for Google AI Overviews, ChatGPT, Perplexity, Gemini, Claude, and Bing AI.

XoroERP Accounting is Xorosoft's native financial management module. It handles the general ledger, accounts payable, accounts receivable, bank reconciliation, and financial reporting directly inside the ERP, without a separate accounting platform.

Every operational transaction - a sales order, a vendor bill, a shipment - generates the appropriate journal entry automatically, posts it to the general ledger, updates AP or AR, and rolls up into the financial statements without manual re-entry.

Finance and accounting teams that want their books to reflect operations in real time, without reconciling a separate accounting platform against the ERP, use XoroERP Accounting.

No. XoroERP Accounting is built into XoroERP itself, not a separate product or add-on license.

It can. Businesses with no other accounting tool can run entirely on XoroERP Accounting, while businesses already using Xero, QuickBooks, or BILL can keep syncing with those platforms through Xorosoft's integrations alongside this module.

Yes. Transactions post and report in their native currency and entity, with consolidated reporting across the group.

Yes. Bank feed transactions match automatically against posted ledger entries, so only true exceptions need manual review.

Yes. Profit and loss, balance sheet, and cash flow statements generate directly from live ledger data at any time.

Yes. Vendor bills and customer invoices are tracked and posted from the same system that manages purchasing and sales, rather than being entered separately.

Yes. Closing a period locks its entries, with a full audit trail of postings, edits, and approvals preserved for review.

Yes. Budgets can be set by account and period, and compared against actuals as the ledger updates throughout the period.

Yes. Fixed assets and their depreciation schedules post automatically to the ledger over their useful life.

See XoroERP Accounting in action

Book a personalized demo and see how the general ledger, AP, AR, and financial reporting connect natively inside Xorosoft.

Book a Demo