Connected transactions
Sales, purchases, expenses, and payments contribute to accounting information from their normal workflows.
Accounting
Simple accounting built around real business transactions
Use connected invoices, payments, purchases, and expenses to understand income, costs, cash movement, account balances, and profit.
Included in KTC Essential
Accounting
- ✓Connected transactions
- ✓Profit and loss
- ✓Cash and bank books
Key capabilities
Accounting without unnecessary complexity
KTC provides practical accounts and reports for daily control while still allowing journals and adjustments when they are needed.
Profit and loss
Compare income and expenses for a selected period and understand the resulting profit or loss.
Cash and bank books
Review money moving through cash and bank accounts with dates and references.
Ledger and journals
Inspect account activity and record controlled manual adjustments when required.
How it works
A clear four-step workflow
Each part follows the same practical patterns used throughout KTC, making it easier for teams to learn and work consistently.
Record daily documents
Create invoices, purchases, expenses, and payments as the business operates.
Review categorized activity
Check that income, cost, cash, bank, customer, and vendor activity is represented correctly.
Add adjustments if needed
Use journal entries for controlled corrections or accounting-only transactions.
Generate reports
Filter the ledger, profit and loss, cash book, bank book, and tax report by period.