The Accounting Simplified Module in MokoCRM offers a streamlined bookkeeping system for small businesses and nonprofits that do not require full double-entry accounting. It tracks income, expenses, VAT, and bank movements while producing summary reports for basic financial oversight and compliance.
The Accounting Simplified Module in MokoCRM offers a streamlined bookkeeping system for small businesses and nonprofits that do not require full double-entry accounting. It tracks income, expenses, VAT, and bank movements while producing summary reports for basic financial oversight and compliance.
🧾 Enabling the Module
- Navigate to:
Home → Setup → Modules → Accounting Simplified - Click Activate
- Configure fiscal year start, chart of accounts (optional), and VAT handling preferences
📥 Recording Transactions
- Incomes and expenses are automatically recorded from:
- Customer Invoices
- Supplier Invoices
- Bank & Cash entries
- Manually add transactions that fall outside the document flow
- Assign each record a category, tax code, and note for clarity
📄 Reports and Summaries
- Generate basic accounting reports such as:
- Income/Expense Summary
- VAT Collected vs. Paid
- Bank and Cash Movement Logs
- Export reports to PDF or CSV for sharing or external review
- Track balances by bank account or expense category
🔗 Integration With Other Modules
- Customer Invoices: Income is logged automatically when invoices are validated or paid
- Supplier Invoices: Expenses are tracked based on invoice lines and payment status
- Banks and Cash: All movements are reflected in accounting records
- Taxes: VAT is calculated and reported by rate or jurisdiction
📌 Best Practices
- Use clear labels and categories for each transaction
- Review income and expense summaries monthly
- Set a closing date to lock prior fiscal periods
- Export reports quarterly for accountant or board review
- Upgrade to full accounting module if you require double-entry or journals