Here’s what needs attention

Continue the next accounting tasks for the selected company and period.

Continue your work

The most important open tasks, in recommended order.

Imported bank lines 0 Across configured bank accounts

Unposted 0 Must be cleared before review

Monthly depreciation R 0 From active asset records

Draft profit before tax R 0 Current period estimate

Financial overview

Draft income composition and allocation progress for the selected reporting year.

Draft

Profit composition

Allocation progress

Pending changes

Edits are staged here first. Accept them before they update records and reports.

Month-end checklist

Month end

Open review items

Banking

Load sample data or import a CSV statement, then map the statement columns.

Ready

1 Choose account Select the bank account for this statement.

2 Upload CSV Drop a file or load sample data.

3 Map columns Tell LedgerLite which columns to read.

4 Stage import Review rows before accepting.

1. Choose bank data

Bank account

Drop bank CSV here or choose a file below

2. Map columns

No CSV staged

Choose the statement’s date format when automatic detection is ambiguous. Rows with invalid dates cannot be staged because the transaction date determines the posting period and financial year.

Bank convention: a statement debit/payment credits Cash and bank; a statement credit/receipt debits Cash and bank. The account selected in Allocations receives the equal and opposite entry.

Saved mapping

No mapping saved

Import history

0 imports

Select superseded batches to permanently remove their imported transactions and batch records locally and from the production database.

Imported transactions

0 zero-value rows 0 duplicates

Allocations

Two-step control: accept account coding into Review, then return here, post reviewed items to the GL, and accept the posting. Suspense and Review items stay outside the GL.

Allocation rules

0 rules

Keyword contains Allocate to Tax category

Keyword	Account	Tax	Status

Suspense clearing

0 suspense items

Transaction allocation queue

All lines coded

Tip: click or press Enter on an account to edit that row, or tick rows to bulk-assign.

								Action

Posted transaction audit trail

Double-entry detail for posted bank transactions. Cash and Bank is one leg; the selected account and VAT control account provide the balancing leg(s).

0 postings

Posted at	Posted by	Date	Reference	Account	Debit	Credit	Department	Tax

Bank reconciliation

Match imported transactions to the bank statement closing balance and clear reconciling items.

Not reconciled

Reconcile to statement

Enter the closing balance from the bank statement to compare against the book balance.

Bank account Statement closing balance Statement date

Reports dashboard

Snapshot of the selected reporting year before opening the detailed report panels.

Draft

Reconciling items

0 items

Difference

R 0

Statement lines

0 lines

Date	Description	Amount	Account	Cleared

Asset register

Add assets, calculate monthly depreciation, and include depreciation in draft reports.

Add asset

Description Category Method Purchase date Cost Residual value Useful life months

Fixed assets

0 active assets

Asset	Category	Purchase date	Cost	Monthly depreciation	Status

Dispose asset

Review required

Asset Disposal date Proceeds Reason

Asset movement report

Draft

Depreciation journals

0 journals

Journals

Post balanced reallocations, accruals and adjustments. Optional reversals are dated on the first day of the next financial year.

Manual journal entry

Every journal has equal debit and credit legs. Stage the journal, then accept it from Pending changes before it affects the ledger.

0 manual

Journal type Date Description Debit account Credit account Amount Auto-reverse next financial year

Journal posting register

Accepted journals and scheduled reversals, including their debit and credit allocation.

Reports

Run, review and export financial and management reports.

Monthly income statement

Draft

Year-to-date income statement

Draft

Management accounts comparison

Choose the columns needed for month-on-month, quarter, or year-to-date review.

Budget comparison uses the accepted monthly department budgets for the selected reporting year.

Statement of financial position

Draft

Bank reconciliation summary

Draft

General ledger

Detailed debit and credit postings for the selected reporting year, including opening balances, bank imports, and journals.

0 entries

Date	Reference	Source	Account	Department	Debit	Credit	Balance

Trial balance summary

Draft

Account	Debit	Credit

Cash flow summary

Draft

On-screen report preview

Preview the draft report pack before export or accountant review.

Department income summary

Uses department codes applied during transaction allocation.

Draft

Department budgets

Set one monthly budget per department, or generate all department budgets from a selected basis. Budget CSV upload is not currently available.

Draft

Department Monthly budget Budget year Budget method Basis year Adjustment %

Comparatives and budget review

Compares the selected reporting year to imported historical data and accepted budgets.

Draft

Income tax calculation sheet

Reconciles accounting profit to estimated taxable income using the selected South African tax year. Review with a tax practitioner before filing.

Draft

Tax year Individual age at tax year end Non-deductible expenses / add-backs Exempt or non-taxable income Capital allowances and other deductions Assessed loss utilised Other tax credits Provisional tax / PAYE paid

Group company summary

Local roll-up of companies assigned to the active company's group.

Draft

Intercompany review

Flags local transactions containing intercompany terms for group review.

Draft

VAT period summary

Local estimate based on transactions coded as Standard VAT.

Draft

Annual financial statements

Prepare a draft annual financial statement pack for accountant review.

Reporting basis

Accounting framework Financial statement status Statement scope Presentation rounding

Draft pack readiness

Annual statement preview

Disclosure notes and policies

Draft wording

Revenue policy Property, plant and equipment policy Going concern note

IFRS for SMEs review pack

Apply draft note templates, capture comparatives, and record approvals.

Draft

Note template Approver Approval note

Comparative year figures

Draft

Prior revenue Prior profit before tax Prior income tax expense Prior property, plant and equipment Prior cash and cash equivalents Prior receivables Prior inventories Prior current liabilities Prior non-current liabilities Prior assets Prior liabilities Prior equity Prior operating cash flow Prior investing cash flow Prior financing cash flow

IFRS note details

Capture review notes commonly required before the accountant finalises the IFRS for SMEs pack.

Draft

Directors' / members' responsibility Compilation and review basis Key judgements and estimates Financial instruments Inventory and work in progress Taxation and VAT Related parties Events after reporting date

Disclosure checklist

Local checklist for accountant review of the draft IFRS for SMEs pack.

Draft

Disclosure	Status	Review note	Action

Annual pack components

Draft

Component	Status	Source	Review note

Settings

Manage your company, accounting setup, access and operations.

0/0 ready

LedgerLite Entity setup summary

Current entity setup

Setup checklist

The accounting workflow is ready once the core setup records are complete.

In progress

Entity access

Add company or individual workspaces, choose the active entity, and stage local workspace password changes.

1 company

New entity name Entity group New password Confirm password

Entity	Group	Status	Action

Historical years and migration data

Create prior years, import old GL or trial balance CSV files, and link bank statement imports to the correct year.

Draft

Selected year Year label Year end Status Import year Import type

CSV data

Year	Status	Trial balance	GL rows	Bank rows	Comparative source

Company groups

Arrange companies into a group structure for local consolidation previews.

1 group

Group name Description

Group	Description	Companies

Business setup template

Choose a starting template, then customise the bank accounts, chart of accounts, and allocation rules below.

Templates

Business type

Entity setup

Entity name Entity type Legal form Registration / ID number Income tax number Year end Currency Domicile Registered or residential address Principal activities Reporting basis

Add bank account

Account name Opening balance

Departments and cost centres

Department code Department name

Code	Department

Configured bank accounts

Account name	Opening balance	Action

Add chart account

Code Account name Type Default department Report line

Chart of accounts

Editable

Code	Account	Type	Default department	Report line	Action

Opening balances

Capture the opening trial balance per account at the start of the year (debit positive, credit negative). Once set, these replace the estimated opening balances. The total should net to zero; any residual is posted to retained earnings.

Not captured

Code	Account	Type	Opening balance

Total: R 0 A non-zero total is plugged to retained earnings.

Objective check

Final check against the original agreed design objectives.

Draft

Functionality review

Operational review against the original scope and current production-test build.

Current build

Operational modules

Live-use checks for core accounting modules before relying on the company file.

Review

Production testing

Server readiness checks for database saves, structured ledger sync, users, audit, backups, bank imports, and VAT workflow.

Not run

Production controls

User roles, period locking, and audit trail controls.

Open period

User name Email Temporary password Role

User	Role	Status

Audit trail

Accepted staged changes are logged here for review.

0 entries

Date	User	Change	Detail

Data captured

View the local records currently captured in the selected company and workspace.

0 records

Company access matrix

Define which users may access each company before a production login build.

Draft

User Company Role Access

User	Company	Role	Access

VAT setup

Configure VAT assumptions for tax reporting and reconciliation previews.

Draft

VAT number VAT period Accounting basis Standard rate

Return period VAT control balance

Recurring journals

Prepare local recurring journal templates for month-end processing.

Draft

Description Debit account Credit account Amount

Accruals and asset policies

Prepare accrual templates and depreciation policy defaults by asset class.

Draft

Accrual description Accrual amount Asset class Useful life months

Compliance review

Review readiness checks before approving reports or annual statements.

Draft

Review note

Review sign-offs

Accepted review notes and sign-off actions.

0 sign-offs

Backup and export

Create a data snapshot and mark export packs as prepared.

No backup

Backup preview Restore from backup JSON

Export readiness

Current draft export package status.

Draft

Launch checklist

Final readiness before moving from production testing to live accounting use.

Small business accounting from bank import to draft financial statements.

Sign in

Here’s what needs attention

Continue your work

Financial overview

Pending changes

Month-end checklist

Open review items

Banking

1. Choose bank data

2. Map columns

Saved mapping

Import history

Imported transactions

Allocations

Allocation rules

Suspense clearing

Transaction allocation queue

Posted transaction audit trail

Bank reconciliation

Reconcile to statement

Reports dashboard

Reconciling items

Difference

Statement lines

Asset register

Add asset

Fixed assets

Dispose asset

Asset movement report

Depreciation journals

Journals

Manual journal entry

Journal posting register

Reports

Monthly income statement

Year-to-date income statement

Management accounts comparison

Statement of financial position

Bank reconciliation summary

General ledger

Trial balance summary

Cash flow summary

On-screen report preview

Department income summary

Department budgets

Comparatives and budget review

Income tax calculation sheet

Group company summary

Intercompany review

VAT period summary

Annual financial statements

Reporting basis

Draft pack readiness

Annual statement preview

Disclosure notes and policies

IFRS for SMEs review pack

Comparative year figures

IFRS note details

Disclosure checklist

Annual pack components

Settings

Current entity setup

Setup checklist

Entity access

Historical years and migration data

Company groups

Business setup template

Entity setup

Add bank account

Departments and cost centres

Configured bank accounts

Add chart account

Chart of accounts

Opening balances

Objective check

Functionality review

Operational modules

Production testing

Production controls