Legal entities, SMEs, Customer/Supplier Ledger with CC3 (cash principle) | Double-entry Accounting

Ideal model for managing cash-based accounting for a SA or Sagl, without VAT liability and with an annual turnover equal to or exceeding CHF 500,000. The chart of accounts is structured according to the SME schema and includes the customer/supplier ledger, suitable for those who use cash-based accounting.

• In the Accounts table, at the end of the chart of accounts, you will find the customer and supplier ledger set up with the cost and profit center CC3. There is no connection with assets and liabilities.
• All invoices from customers and suppliers are recorded in the CC3 cost and profit center accounts.

Create your File

• Open the template using the Banana Accounting Plus WebApp.
• Use the command File > File Properties to set the period, your company name, and the base currency (you can manage your budget and accounting in any currency).
• Use the command File > Save As to save the file. It's helpful to include the company name and year in the file name, e.g., "Rossi-SA-20xx.ac2".

IMPORTANT: If you close your browser without saving, any entered data will be lost. Always save the file to your computer.

To reopen the saved file, click on File > Open.

With this model, you can:

• Create invoices to send to customers by using the CC3 column in the Transactions table (cost centers view).
• Create Payment Orders (pain.001).The pain.001 files are XML messages that contain the details for making payments and can be sent to financial institutions that recognize this format. For more information, see Payment Orders pain.001 (available only with the Advanced plan).
• Import all transactions from bank, postal, or credit card statements using Rules for fully automated recordings (available only with the Advanced plan).
• Manage cost centers to obtain detailed insights into specific accounts.
• Create budgets and financial forecasts to monitor cash flow, ensure you can meet future obligations, predict revenues and expenses, and evaluate different scenarios to assess your company’s profitability.
• Print all the reports you need: Balance Sheets, Journal, Account Cards, Open Invoices, and much more.

Some features require a subscription to the Advanced plan of Banana Accounting Plus, such as using the new features Rules, Filter, and Temporary Row Sorting. For more details, check out all the features of the Advanced plan.