Thozo Accounting – Complete Financial Management Solution

Overview

Thozo Accounting is a comprehensive accounting and financial management solution that helps businesses manage invoicing, accounts receivable, accounts payable, banking, taxes, assets, budgets, financial reporting, and compliance from a single integrated platform. It automates accounting processes while integrating seamlessly with Sales, Purchase, Inventory, CRM, Payroll, Expenses, POS, Manufacturing, and eCommerce.

Complete Accounting Workflow

Sales/Purchase Transaction
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Invoice / Vendor Bill
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Payment
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Bank Reconciliation
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Journal Entries
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Financial Reports
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Year-End Closing

Key Features

📒 General Ledger (GL)

Maintain accurate financial records using a complete double-entry accounting system.

Features:

  • Double-entry bookkeeping
  • Automatic journal entries
  • Manual journal entries
  • Journal approval
  • Chart of Accounts
  • Fiscal years
  • Period closing
  • Financial audit support

Thozo automatically creates journal entries for many business transactions, such as invoices, payments, POS sales, and inventory valuation.

📑 Chart of Accounts

Manage your accounting structure with:

  • Asset Accounts
  • Liability Accounts
  • Equity Accounts
  • Income Accounts
  • Expense Accounts
  • Cash & Bank Accounts
  • Tax Accounts

Supports country-specific accounting localizations.

💰 Customer Invoicing (Accounts Receivable)

Create professional customer invoices.

Features:

  • Draft invoices
  • Customer invoices
  • Credit notes
  • Debit notes
  • Partial payments
  • Advance payments
  • Recurring invoices
  • Invoice templates
  • Email invoices
  • PDF invoices
  • Multi-currency invoices

🧾 Vendor Bills (Accounts Payable)

Manage supplier payments.

Features:

  • Vendor bills
  • Purchase invoice matching
  • Payment scheduling
  • Credit notes
  • Vendor refunds
  • Payment tracking
  • Outstanding balances

💳 Payment Management

Accept and record payments.

Supports:

  • Cash
  • Bank Transfer
  • Cheque
  • UPI
  • Credit Card
  • Debit Card
  • Online Payment Gateway

Features:

  • Partial payments
  • Multiple payment methods
  • Payment matching
  • Payment follow-up

🏦 Bank Management

Manage multiple bank accounts.

Features:

  • Multiple bank accounts
  • Bank statements
  • Bank synchronization (supported institutions)
  • Import bank statements
  • Payment matching
  • Cash management

Bank synchronization and reconciliation tools help automate transaction matching where supported.

🔄 Bank Reconciliation

Automatically reconcile bank transactions.

Features:

  • Automatic matching
  • Manual reconciliation
  • Smart suggestions
  • Reconciliation models
  • Outstanding payments
  • Cash reconciliation

🌍 Multi-Currency Accounting

Perfect for international businesses.

Supports:

  • Unlimited currencies
  • Automatic exchange rates
  • Currency gain/loss
  • Foreign invoices
  • Foreign payments
  • International reporting

🏢 Multi-Company Accounting

Manage multiple companies from one database.

Features:

  • Separate Chart of Accounts
  • Separate Financial Reports
  • Separate Taxes
  • Intercompany Transactions
  • Consolidated Reporting

🧮 Tax Management

Manage taxes efficiently.

Supports:

  • GST
  • VAT
  • Sales Tax
  • Purchase Tax
  • Withholding Tax
  • Reverse Charge
  • Tax Rules
  • Tax Reports

Localization packages provide country-specific tax configurations.

📦 Asset Management

Track company assets.

Features:

  • Asset registration
  • Depreciation methods
  • Automatic depreciation entries
  • Asset disposal
  • Asset reporting

💵 Expense Management

Manage employee expenses.

Features:

  • Expense claims
  • Receipt upload
  • Expense approval
  • Reimbursement tracking
  • Expense reporting

📊 Budget Management

Plan and monitor budgets.

Features:

  • Department budgets
  • Project budgets
  • Budget comparison
  • Budget analysis
  • Budget vs Actual reports

📈 Financial Reports

Generate real-time financial reports.

Reports include:

  • Balance Sheet
  • Profit & Loss Statement
  • Trial Balance
  • Cash Flow Statement
  • General Ledger
  • Journal Report
  • Partner Ledger
  • Aged Receivable
  • Aged Payable
  • Tax Report
  • Executive Summary

📅 Fiscal Year Management

Manage accounting periods.

Features:

  • Fiscal year setup
  • Period closing
  • Lock dates
  • Year-end closing
  • Opening balances

🔐 Audit Trail

Maintain financial transparency.

Features:

  • User tracking
  • Change history
  • Journal history
  • Audit logs
  • Secure accounting records

📧 Email Integration

Automatically send:

  • Customer invoices
  • Vendor payment notifications
  • Payment reminders
  • Account statements
  • Credit notes

🤖 Accounting Automation

Automate repetitive tasks.

Examples:

  • Automatic invoices
  • Recurring journal entries
  • Scheduled payments
  • Payment reminders
  • Recurring vendor bills
  • Automatic bank reconciliation (where applicable)

📱 Mobile Access

Manage finances from anywhere.

Features:

  • View invoices
  • Record payments
  • Financial dashboards
  • Customer balances
  • Vendor balances
  • Reports

Dashboard

Monitor:

  • Cash Position
  • Receivables
  • Payables
  • Bank Balance
  • Profit & Loss
  • Outstanding Invoices
  • Vendor Bills
  • Financial KPIs

Customer Management

Track:

  • Customer balances
  • Payment history
  • Credit limits
  • Invoice history
  • Outstanding invoices
  • Statements

Vendor Management

Track:

  • Supplier balances
  • Vendor bills
  • Payment history
  • Purchase history
  • Outstanding payments

Document Management

Store:

  • Invoices
  • Vendor Bills
  • Receipts
  • Purchase Orders
  • Contracts
  • Tax Documents
  • Bank Statements

Integration with Other Thozo Apps

Thozo Accounting integrates with:

  • Sales
  • CRM
  • Purchase
  • Inventory
  • Manufacturing (MRP)
  • Point of Sale (POS)
  • Expenses
  • Payroll
  • Subscription
  • Website
  • eCommerce
  • Documents
  • Projects
  • Field Service
  • Helpdesk
  • Marketing
  • Banking

This integration reduces duplicate data entry and provides real-time financial visibility.

Security & User Roles

Create role-based access for:

  • Accountant
  • Finance Manager
  • Auditor
  • Accounts Payable Staff
  • Accounts Receivable Staff
  • Cashier
  • Management

Business Benefits

  • Fully integrated accounting
  • Reduce manual bookkeeping
  • Faster invoice processing
  • Accurate financial reporting
  • Better cash flow management
  • Automated reconciliation
  • Improved tax compliance
  • Real-time business insights
  • Multi-company support
  • Global currency management
  • Secure financial records
  • Increased productivity

Industries We Serve

  • Manufacturing
  • Retail
  • Wholesale
  • Healthcare
  • Education
  • Construction
  • Real Estate
  • Logistics
  • Hospitality
  • Food & Beverage
  • E-Commerce
  • IT & Software
  • Professional Services
  • Financial Services

Why Choose Thozo Accounting?

  • Complete double-entry accounting
  • Automated journal entries
  • Customer & vendor invoicing
  • Multi-company support
  • Multi-currency accounting
  • Tax & compliance management
  • Automated bank reconciliation
  • Fixed asset management
  • Budget & expense management
  • Comprehensive financial reporting
  • Seamless ERP integration
  • Cloud & On-Premise deployment
  • Scalable for startups, SMEs, and enterprises

Ideal For

  • Trading Companies
  • Manufacturers
  • Retail Stores
  • Distributors
  • Service Businesses
  • E-Commerce Companies
  • Healthcare Organizations
  • Educational Institutions
  • Construction Companies
  • Logistics Providers
  • Hospitality Businesses
  • Accounting Firms
  • Financial Consultants

Thozo Accounting Modules

  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Bank & Cash Management
  • Bank Reconciliation
  • Customer Invoicing
  • Vendor Bills
  • Payments
  • Tax Management
  • Fixed Assets
  • Budget Management
  • Analytic Accounting
  • Financial Reports
  • Multi-Currency
  • Multi-Company
  • Fiscal Localization
  • Audit Trail

Thozo Accounting provides a complete financial management platform that automates bookkeeping, invoicing, banking, tax management, reporting, and compliance while integrating with all major Thozo business applications. This enables businesses to manage their finances accurately, improve operational efficiency, and make informed financial decisions