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Standard double entry: chart of accounts, journal entries, recurring journals, trial balance, profit and loss, balance sheet, cash flow and general ledger reporting.
What differs is the source. Postings arrive from invoices, expenses, payroll and inventory movements as they happen, rather than being journaled in a batch afterwards.
Not because it is wrong. Because it is downstream of every other system and connected to none of them, so it reflects what was reported to it rather than what happened.
Delivery says the project is 80% done, the ledger recognises revenue on invoices raised, and both are correct under their own definitions. Reconciling them is the month-end job.
Closing becomes a review rather than an investigation. The numbers were never separate, so there is no reconciliation step between what delivery believes and what the ledger holds.
Tax treatment was decided when each invoice was raised, so returns assemble from records rather than being reconstructed at filing.
It does not file your returns and it does not replace an accountant. It produces the numbers and the audit trail; somebody qualified signs them off.
It also will not settle whether a discount is revenue lost or acquisition cost. That is a policy decision, and the ledger records whichever one you make.
Import the chart, customers, vendors and opening balances, reconciled, before posting anything. Then historic transactions.
Run a full close in parallel with your existing system. Nobody should move accounting software on the strength of a demo.
Invoicing, expenses, banking, purchasing, inventory movements, fixed asset depreciation and payroll from Nest. Each posting carries the record it came from, so any figure expands into its source. That traceability is the point: "why is this number what it is" is one click rather than an afternoon.
Standard double entry: chart of accounts, journal entries, recurring journals, trial balance, profit and loss, balance sheet, cash flow and general ledger reporting.
Closing becomes a review rather than an investigation. The numbers were never separate, so there is no reconciliation step between what delivery believes and what the ledger holds.
It does not file your returns and it does not replace an accountant. It produces the numbers and the audit trail; somebody qualified signs them off.
Import the chart, customers, vendors and opening balances, reconciled, before posting anything. Then historic transactions.
Fourteen days, every module, no card. Or half an hour with someone who will run it on your own records and tell you where it does not help.