Finance Overview
The Finance module is where you record the bank accounts used across your operation — the organization's own accounts, accounts belonging to partners and parties, and accounts earmarked for specific projects or subprojects. These accounts are the destinations and sources referenced elsewhere in the system: the "default receipt" account a buyer pays into, the seller's account a stock payment goes to, and so on.
What's in Phase 1
In Phase 1, Finance is deliberately focused. It does exactly one thing, and does it well:
- Bank Accounts — create, edit, link, set a primary/default account, change status, and delete (with guardrails).
That's it. There is no ledger, no reconciliation screen, no loan register yet. Bank accounts here are a master record — a clean, validated, auditable list of where money lives — rather than a transaction engine.
What's coming later (not in Phase 1)
The following are explicitly out of scope for Phase 1 and will arrive in later phases. If you are looking for them today, they are not missing — they have not been built yet:
| Future capability | What it will add |
|---|---|
| Accounting Ledger | Double-entry posting and account balances. |
| Bank Reconciliation | Matching uploaded bank statements against system transactions. |
| Loan Management | Loan registers, EMI schedules, disbursements and repayments. |
| Profit Distribution | Automated partner settlement and profit allocation. |
Because of this, some related notification types you may see referenced in the notification catalog — such as Reconciliation Discrepancy or EMI Due — belong to those future phases.
How bank accounts connect to the rest of the system
A bank account is never created in a vacuum. Every account is linked to one entity chosen at creation time:
That link is what lets other modules surface the right account in the right place — for example, a party's default receipt account on a Sales Order, or a project's fund account when recording a stock payment.
Continue to Bank Accounts for the step-by-step guide.