How is the accounting period closed?
Log in to ADDA -->> Admin Dashboard -->> General Ledger -->>Trial Balance -->>Please find the option “Perform Year End” -->> After checking all activities freeze option will start showing. Once you click on it, the accounting year will be freezed.
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Do we need Tally for our association's accounting?
Q: Do we need Tally for our association's accounting? A: While Tally is a widely-used accounting software, especially for businesses, it is not specifically designed for housing societies or community associations. For community management and ...
What do the different dates in ADDA Accounting mean?
1. Entered On – This is the system date. It shows when the entry was actually recorded in ADDA. 2. Post Date – For invoices, receipts, or credit/debit notes generated in ADDA, the Post Date is used. The Document Date will always be the same as the ...
How to take the back up of Accounting data from ADDA ?
Step 1. Login to ADDA -->> Admin -->> General Ledger -->>Trial Balance. Step 2. Select the particular period -->> Click on Generate Trial Balance. Step 3. Scroll down and you will find Export All Transaction to Excel and Export All Transaction as ...
How can I unfreeze the books, and what are the implications of unfreezing?
If you need to unfreeze the books for a financial year, please raise a support request by emailing support@adda.io. Our backend team will review your request and unfreeze the books for the required financial year. Implementation of Unfreezing the ...
What kind of reports are available in the Admin Reports module?
The Admin Reports module provides a centralized view of reports from all Management and Accounting modules, making it easy for administrators to monitor various aspects of community operations. More than 150 live, customizable reports are available, ...