account_balance Accounting

Real double-entry accounting — fully automated

Every invoice, bill, payment and expense auto-creates journal entries. Get an always-accurate ledger, trial balance, P&L and balance sheet without manual data entry.

100%
Automated posting
8
Financial statements
5
Account types
Anita L.
“Rock-solid double-entry. Every journal balances perfectly — always.”
Anita L., Certified Public Accountant
CodeAccountTypeDebitCredit
1000Cash & BankAsset$48,250
1200Accounts ReceivableAsset$12,400
2000Accounts PayableLiability$6,870
4000Sales RevenueIncome$48,250
5000Cost of Goods SoldExpense$22,430
Total$83,080$83,080
balance DR = CR — Balanced
auto_fix_high Auto journal posted

Double-entry accounting, simplified

Automatic journal posting from every transaction. Manual entries when you need them. Financial statements generated in seconds.

auto_fix_highAuto posting
balanceDR = CR
assignmentAudit trail
Net Profit
$25,820
trending_up +14.3%
Journal Entries
1,240
check All balanced
Accounts
64
account_tree Active
Professional accountant working with double-entry books

Double-entry accounting that balances perfectly — always

Every transaction auto-posts to the general ledger. Chart of accounts, journal entries, trial balance, P&L — all built in.

DR = CRAlways balanced
AutoJournal posting
170+Currencies
account_treeFeature focus

Chart of accounts & journal entries

WisoBooks sets up a standard chart of accounts during onboarding. Add custom accounts as needed. Every module auto-posts double-entry journal entries.

  • check_circlePre-configured chart of accounts (Assets, Liabilities, Equity, Income, Expenses)
  • check_circleAdd unlimited custom accounts
  • check_circleAutomatic journal posting from invoices, bills, payments, expenses, credit notes, cheques
  • check_circleManual journal entries for adjustments
  • check_circleJournal entry report and general ledger detail
Certified public accountant
Balanced entries 1,240 Every journal posted with linked source data
Active accounts 64 Structured chart for growth and reporting
Close confidence Always on Live balances reduce month-end surprises
bar_chartFeature focus

Financial statements & reports

WisoBooks generates all your core financial statements automatically — Profit & Loss, Balance Sheet, Cash Flow Statement, Trial Balance and General Ledger.

  • check_circleProfit & Loss with period comparison
  • check_circleBalance Sheet with period comparison
  • check_circleCash Flow Statement
  • check_circleTrial Balance (debit = credit verification)
  • check_circleGeneral Ledger with running balances
  • check_circleAccount Transactions report
  • check_circleCash basis and accrual basis reporting
  • check_circleAudit trail for complete accountability
AccountDebitCredit
Cash & Bank$48,250
Accounts Receivable$12,400
Accounts Payable$6,870
Sales Revenue$48,250
Cost of Goods Sold$22,430
Total$83,080$83,080
currency_exchangeFeature focus

Multi-currency & period management

Handle transactions in multiple currencies with automatic conversion. Lock closed periods to prevent edits.

  • check_circleMulti-currency invoices and bills with automatic conversion
  • check_circleRealised and unrealised exchange gains/losses
  • check_circleAccounting period management and lock dates
  • check_circleCash basis and accrual basis report views
  • check_circleYear-end closing workflow
Profit & Loss
$25,820
▲ 14.3%
Balance Sheet
$110,650
Balanced
Cash Flow
$18,400
▲ 6.8%
Trial Balance
$83,080
DR = CR
auto_fix_high Automation built in

Every transaction posts automatically

When you create an invoice, record a payment, or log an expense — WisoBooks creates the matching journal entry automatically. No manual double-entry required.

  • check_circleInvoices post to Receivables and Revenue
  • check_circlePayments post to Cash and clear Receivables
  • check_circleExpenses post to the correct expense account
  • check_circleCredit notes reverse the original entries
Try it free east
Profit & Loss
Income
$48K
EXPENSES
$22K
Profit
$26K
Balance Sheet
Assets
$111K
Liabilities
$7K
Accountant
balance DR = CR — Balanced
auto_fix_high 1,240 auto-posted
help_outline Frequently Asked Questions

Accounting FAQ

Do I need accounting knowledge to use WisoBooks?
Not at all. WisoBooks handles double-entry automatically. Every invoice, payment, and expense creates the correct journal entries behind the scenes. You get the reports without the manual work.
Can I create manual journal entries?
Yes. For adjustments, accruals, or corrections, you can create manual journal entries. They go through the same posting workflow and appear in all reports.
What financial reports are available?
WisoBooks generates Profit & Loss, Balance Sheet, Cash Flow Statement, Trial Balance, General Ledger, Account Transactions, and more — with period comparison and filtering.
Does WisoBooks support multi-currency accounting?
Yes. Create invoices and bills in any currency. Exchange rates are applied automatically, and realised gains/losses are calculated when payments are recorded.

Accurate books, zero manual posting

Start your free trial and let WisoBooks handle the double-entry.

Free 14-day trial • No credit card • Cancel anytime

Anita L. “Proper accounting software in the cloud. Finally.” — Anita L., CPA