Books that write themselves.From your own sales.
Every purchase and every sale in Targets becomes a voucher, a ledger entry and a line in your profit and loss. Nobody retypes an invoice.
From a delivered order to a balance sheet
- 1The transaction happensA purchase, a primary sale, a delivery, a return, a payment.
- 2The voucher is raisedDebit and credit lines are created for you against the right accounts.
- 3It is checked and approvedPrepared, checked and approved by the people you name.
- 4The ledgers updateCustomer, distributor, vendor, bank and cash.
- 5The statements are readyTrial balance, profit and loss and balance sheet, for any period.
Everything a finance team expects
Chart of accounts
Your own structure, as many levels as you need.
Bookkeeping and vouchers
Journal, payment, receipt and expense vouchers, with types and numbering you control.
General ledger
Any account, any period, down to the voucher behind each line.
Profit and loss, balance sheet, trial balance
On screen, and downloadable.
Banks
Bank accounts, deposits and cheques recorded against the right party.
Analysis dashboards
The position of the business at a glance. Available from 15 October.
Four links you never have to maintain
The links run in the background and each item posts only once.
Company: purchases
Vendor purchases post to payables.
Company: sales
Sales to distributors post to revenue and receivables.
Distributor: purchases
Purchases from the company post as the distributor's cost.
Distributor: sales
Sales to the market post as the distributor's revenue, with tax and receipts alongside.
One set of books for you. One for every distributor.
Independent by design
The company and each distributor keep separate accounts inside the same system.
A distributor sees only their own
Their vouchers, ledgers and statements, and nothing of anyone else's.
You see the network
Every distributor's position, without asking for a spreadsheet.
Questions about Accounts
Do we have to re-enter sales invoices?+
No. Delivered sales, returns, discounts and receipts post from Sales & Distribution.
Can a voucher be approved before it counts?+
Yes. Vouchers move through prepared, checked and approved.
Does each distributor get separate accounts?+
Yes. Their books are independent of the company's and of each other.
Can we start with opening balances?+
Yes. Enter opening balances and continue from that date.
Can reports be downloaded?+
Yes, to Excel.
Is tax handled?+
GST collected on sales posts to its own payable account.
Post one day of your sales into the books, in the demo.
Bring a day's delivered orders and we will show you the vouchers, the ledger and the statement.