Accounting and tax
The ledger, reports, tax filings, fixed assets and period close.
Chart of accountsThe list of accounts your entries post to, and how each account's type decides where it appears in reports.Journal entriesHow entries work, and why a posted entry is reversed instead of edited.Financial reportsBalance sheet, profit and loss, cash flow and trial balance — with every figure traceable to its entries.Tax and filings in PakistanWithholding statements, sales tax returns and your filing calendar, worked out from your posted entries.Fixed assetsKeep an asset register, run depreciation and record disposals.Close a periodLock a finished month or year so its figures can't change.“Ties” and “Not verified”What these labels mean, and why AXO shows them.