Module · Financial accounting
Books that close themselves when the truck is delivered.
Delivery raises the invoice and posts revenue, costs and tax to a normal double-entry ledger. Your accountant reviews instead of re-keying.
What it does
Financial accounting in six parts.
Invoicing from the trip
Invoices are raised from delivered trips with rates, tax and terms already applied.
Double-entry ledger
A standard chart of accounts, journals and trial balance that always balance.
Multiple currencies
Carry the currency a trip was agreed in and see the home-currency result.
Traceable lines
Open any line and land on the trip, invoice or fuel slip behind it.
Approvals and roles
Control who can post, approve and close a period.
Period close
Lock a month once it is reviewed so figures stop moving.
In the product
Financial accounting on screen.
A sample screen with sample data.
SourceTrip TR-2291Delivered Fri 16:30, proof of delivery signed
| Account | Debit | Credit |
|---|---|---|
| Accounts receivable | 5,664.00 | |
| Freight revenue | 4,800.00 | |
| VAT output, 18% | 864.00 | |
| Fuel expense | 1,710.00 | |
| Fuel supplier payable | 1,710.00 | |
| Totals | 7,374.00 | 7,374.00 |
Posted from trip TR-2291 when it was delivered. Open any line and you land on the trip, the invoice or the fuel slip behind it.
How it works
From first entry to the ledger.
- 1
Deliver the trip
Proof of delivery signs the trip off.
- 2
Corvex posts the entries
Revenue, receivable, costs and tax post to the ledger.
- 3
Review and close
Your accountant reviews exceptions and closes the period.
Works with
Connected to the rest of the platform.
No exports and no retyping between modules.
Questions
Financial accounting: common questions.
Will our accountant be able to work in it?
Yes. It is a normal double-entry ledger, and every figure opens the document behind it.
Can we import our opening balances?
Yes. We bring in your chart of accounts and opening balances during setup.