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How Books works

Double-entry accounting that fills itself in from your invoices, bills and bank.

Updated

Books is a full double-entry ledger. You rarely type entries into it directly β€” it's filled from what happens elsewhere in Flick:

  • A sent invoice posts revenue, VAT and a receivable.
  • A posted bill posts the expense, input VAT and a payable.
  • A reconciled bank transaction settles the receivable or payable.

Every entry balances β€” debits always equal credits β€” and links back to the document it came from.

What you'll use most

  • Bank β€” reconcile transactions. See Bank feeds and reconciliation.
  • Accounts β€” your chart of accounts and balances.
  • Journals β€” manual entries for things like depreciation or accruals.
  • Reports β€” profit and loss, balance sheet, cash flow and more.

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