Legal entities, SME, Accounts Receivable/Payable | Double-entry accounting
Legal entities, SME, Accounts Receivable/Payable | Double-entry accountingIdeal model for managing the accounting of an SA or Sagl without VAT obligation and with an annual turnover equal to or exceeding CHF 500,000. The chart of accounts is structured according to the SME framework and includes the customer/supplier ledger, suitable for those managing accounting based on turnover.
- In the Accounts table, at the end of the chart of accounts, you will find the customer and supplier ledger set up with accounts linked to assets and liabilities, respectively; therefore, the balances will appear in the Balance Sheet.
- All customer and supplier invoices are recorded at the time of issuance and receipt.
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.
- Create invoices to send to customers by using the customer account in the Debit column and the revenue account in the Credit column. This way, the invoice will already be recorded and integrated into your accounting file.
- Record invoices received from suppliers, including scanning QR codes, and create payment orders (pain.001). Pain.001 files are XML messages containing payment details that can be sent to financial institutions supporting this format. More information: Payment orders with 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.
In our Documentation, you will find many insights to help you manage accounting like a professional: