AX-02 · Operate
Accounting and financial control
General ledger, tax, banking, assets, and the reports finance will actually close on.
Typical length: 3–8 weeks inside an implementation
Outcome
A chart of accounts and posting rules that let you invoice, pay, reconcile, and produce statements without a side spreadsheet.
Who it is for
- Finance leads who want ERPNext to be the book of record
- Groups with multi-currency customers or suppliers
- Companies preparing for a cleaner audit trail
What is included
- Chart of accounts
- Groups, account types, and cost centers structured for management reports, not only statutory ones. We retire duplicate accounts before opening balances land.
- Tax templates
- Sales and purchase taxes, inclusive or exclusive, with the templates your invoices and bills will use. Regional rules are configured to the jurisdiction you operate in.
- Banking
- Bank and cash accounts, payment entries, and a reconciliation routine. We agree what is matched in ERPNext and what stays with the bank file.
- Controls and close
- Journal approval, period lock after close, and a month-end list: unbilled deliveries, unmatched receipts, and open payment entries.
- Statements
- Profit and loss, balance sheet, accounts receivable and payable ageing, and general ledger filters your accountant will reuse.
How the work runs
- 01Read the current booksTrial balance, tax returns, and the spreadsheet tabs finance does not trust.
- 02Design the ledgerAccounts, cost centers, and dimensions. Nothing is posted until this is signed.
- 03Configure and post a sample monthInvoices, bills, payments, and a short close on staging data.
- 04Load openingsOpening trial balance and open invoices, reconciled to the source system.
Deliverables
- Signed chart of accounts
- Tax and payment term templates
- Bank reconciliation working method
- Month-end close checklist
- Opening trial balance reconciliation