Opening the books

One set of books for your brand, every branch a cost centre, and your sales and purchases post by themselves.

• Aloke Owners
• Web

Opening the books

«المحاسبة» (Accounting) comes with the Cashier (and Aloke One): one set of books for your brand, every branch a cost centre, and financial statements prepared under IFRS as endorsed in the Kingdom. The owner opens them once.

1. In the owner's panel open «المحاسبة», then «فتح الدفاتر»: pick the start date, the month the fiscal year starts and the reporting framework, and press «افتح الدفاتر».

Financial-reporting framework

The IFRS for SMEs suits most shops and restaurants: rent is an expense and end of service is the accrued liability. Full IFRS is for entities that must use it: leases become an asset and a liability, and end of service comes from an actuarial valuation.

1. In «الإعدادات» open «الأرصدة الافتتاحية» and press «اقترح الأرصدة من النظام»: stock, prepaid packages, supplier balances and cashback are worked out for you. Add the cash, the bank and the capital, and press «احفظ الأرصدة الافتتاحية».

What posts by itself

From the start date everything posts by itself: invoices, returns and payments, purchases and supplier bills and their payment, drawer differences, the payment gateway's fee on every payment, cashback, prizes and packages. You see every entry in «القيود».

Open this article in the interactive help center