# Accounting

# Accounting

The Accounting module in NexWave provides comprehensive financial management capabilities for your business.

 ![Accounting module overview](https://docs.nexwaveapp.com/api/files.get?sig=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJrZXkiOiJ1cGxvYWRzL2YxMTg5ZTEzLTdlMTQtNDA1ZC04MDI1LWMxZmI0Y2Y2MTg0ZC83MGQ5ZjA0My0zNGFjLTQ5ZjAtYWYzNy1lODJmY2FiNTUyMDYvaW1hZ2UucG5nIiwidHlwZSI6ImF0dGFjaG1lbnQiLCJpYXQiOjE3OTI2MjA5MDAsImV4cCI6MTc5MjcwNzMwMH0.siHcxBnQwXH9FDSf2yeL0pnUsimj3wB8ZME9cRKhjYc " =1323x1286")

## Key Features

### Chart of Accounts

* Hierarchical account structure
* Account types (Asset, Liability, Income, Expense, Equity)
* Custom account creation and management

### Journal Entries

* Manual journal entries for adjustments
* Multi-currency support
* Automatic numbering and sequencing

### General Ledger

* Complete transaction history
* Account-wise filtering
* Date range reports

### Financial Statements

* Balance Sheet
* Profit and Loss Statement
* Cash Flow Statement
* Trial Balance

### Bank Reconciliation

* Match bank transactions with system entries
* Auto-matching capabilities
* Reconciliation reports

### Tax Management

* GST tracking and reporting
* Tax category configuration
* BAS preparation support
* [New Zealand GST Report](/doc/398030f2-bacc-4f47-b2b2-0f47943edc67) - Generate GST returns for IRD
* [Australia BAS Report](/doc/65bd41bf-cebd-4165-aa9f-188694004fb3) - Generate BAS returns for ATO

## Related Features

* [New Zealand GST Report](/doc/398030f2-bacc-4f47-b2b2-0f47943edc67) - Generate GST returns aligned with IRD GST101A form
* [Australia BAS Report](/doc/65bd41bf-cebd-4165-aa9f-188694004fb3) - Generate BAS returns aligned with ATO BAS form
* [Bank Feeds](/doc/af08c753-d3cb-489e-8202-9ea786645b85) - Automatic transaction import via Akahu
* [Import Bank Statement](/doc/950b3e14-e00e-4530-a248-e6ef61dbb420) - Manual statement uploads

## Navigation

Access the Accounting module from the sidebar: **Accounting** menu

## Common tasks

Step-by-step task guides from the User Guide:

* [Chart of Accounts](/doc/9befd043-c477-4cd0-a9e6-5b8a8709cf7e)
* [Payment Terms and Templates](/doc/ca001ad2-ff51-412f-bc2e-9fd5be806af1)
* [Budget and Distribution Sets](/doc/939e0ed1-af53-4b7b-a9bc-22ddfe790431)
* [Currencies and Exchange Rates](/doc/e437da78-0079-462c-bddb-151151d43cc6)
* [Managing Company Settings](/doc/fdbd2388-885c-4f81-bc18-2f22fa17e224)
* [Journal Entry](/doc/ee0f37b0-33ea-41a8-8f42-dd261ee18739)
* [Create Journal Entry Template in Accounting](/doc/1b8e42f7-f0ae-4330-8fae-fd50cf326ae4)
* [Accounting Dashboard](/doc/716d5604-98b1-4193-ba88-fbafcd4cedc8)
* [Trial Balance Report](/doc/4695ddf6-a7e8-41b7-b87f-e1aa8cf04564)
* [Profit and Loss Statement](/doc/25c9b9c8-408f-4610-8942-84288cbe6aaf)
* [Balance Sheet Report](/doc/c1f91d73-8344-47e5-b3fd-a92127a82091)

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**Documents**

- [NexWave Budget](https://docs.nexwaveapp.com/s/docs/doc/nexwave-budget-FUG6ql5LdC)
- [Budgets](https://docs.nexwaveapp.com/s/docs/doc/budgets-iWgGBFeyME)
- [Accounts Payable](https://docs.nexwaveapp.com/s/docs/doc/accounts-payable-aVJy2i2nih)
- [Accounts Receivable](https://docs.nexwaveapp.com/s/docs/doc/accounts-receivable-DS3OCJjdRm)
- [Intercompany Elimination](https://docs.nexwaveapp.com/s/docs/doc/intercompany-elimination-1BwwVFzdvd)
- [Intercompany Journal Entry](https://docs.nexwaveapp.com/s/docs/doc/intercompany-journal-entry-8XyueGVfFp)
- [Bank Reconciliation Tool](https://docs.nexwaveapp.com/s/docs/doc/bank-reconciliation-tool-K3aTSzmpT1)
- [GST Inclusive/Exclusive Transactions](https://docs.nexwaveapp.com/s/docs/doc/gst-inclusiveexclusive-transactions-9EA5XuTiuW)
- [New Zealand GST Report](https://docs.nexwaveapp.com/s/docs/doc/new-zealand-gst-report-b6mpedtxK3)
- [Australia BAS Report](https://docs.nexwaveapp.com/s/docs/doc/australia-bas-report-v3q9p9q7NR)