Demo Summary
In this video, Ben from Softledger shows how to use a cloud accounting tool for companies with many business units. You will see: - A multi-entity income statement you can switch between. - Built-in dashboards to view and slice data. - Modules for chart of accounts, journal entries, budgets, accounts receivable and payable, bank reconciliation, purchase and sales orders, and inventory. - A crypto asset manager for tracking coins and gains. - Easy Excel imports and APIs. Softledger solves the problem of scattered financial tools by putting all your accounting, reporting, and currency needs in one place.
AI-Detected Features
Introduction & Navigation OverviewBen introduces SoftLedger and presents the main navigation menu, outlining modules for reporting, analytics, financial setup, AR, AP, cash, purchasing, sales, inventory, and crypto assets.
00:00
Multi-Entity ReportingExplains the entity selector in the multi-entity income statement, toggling between business units, standalone, intercompany eliminations, consolidated views, and handling of local currencies and translation.
01:01
Analytics DashboardDemonstrates the embedded business intelligence tool for creating pivot-style dashboards, slicing and dicing financial data with visualizations directly within the app.
02:36
Financial Setup & JournalsCovers multi-dimensional chart of accounts configuration, defining locations, accounts, cost centers, custom dimensions, booking journal entries, setting budgets, and Excel import/export capabilities.
03:12
Accounts ReceivableShows the AR aging report, detailed invoice screen, creating and bulk-uploading invoices, and highlights full programmability via API for automating receipts and invoice management.
04:47
Accounts PayableWalks through the AP aging view, entering bills (supplier invoices), customizing fields, linking line items to inventory items, and adding vendor details with pre-populated information.
06:03
Cash ManagementDetails bank account connections via Plaid, uploading transactions, bulk booking of expenses, and integration with the bank reconciliation feature for streamlined cash handling.
07:49
Reconciliations & Payment RunsCovers bank reconciliation process to clear variances and shows how to apply cash receipts to invoices and execute payment runs for selected bills in AP.
09:23
Purchase & Sales OrdersIntroduces purchase orders as precursors to bills and sales orders as precursors to AR invoices, linking both to inventory receipts and e-commerce orders for end-to-end order management.
10:23
Inventory ManagementExplains inventory tracking by warehouse, automatic journal entries for stock movements, and cost basis calculations using FIFO or weighted average methods.
11:32
SoftLedger
SoftLedger is a general ledger designed for companies with multiple entities.Learn more about SoftLedgerMore Demos (1)
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