At the end of sales and purchase cycle comes billing and payments. You may have an accountant in your team, or you may be doing accounting yourself, or you may have outsourced your accounting. In all the cases financial accounting forms the core of any business management system like an ERP.

In ERPNext, your accounting operations consists of 3 main transactions:

  • Sales Invoice: The bills that you raise to your Customers for the products or services you provide.
  • Purchase Invoice: Bills that your Suppliers give you for their products or services.
  • Journal Entries: For accounting entries, like payments, credit and other types.


  1. Chart Of Accounts
  2. Updating Opening Balance in Accounts
  3. Sales Invoice
  4. Point of Sale Invoice
  5. Purchase Invoice
  6. Payments
  7. Journal Entry
  8. Payment Entry
  9. Subscription
  10. Multi Currency Accounting
  11. Advance Payment Entry
  12. Payment Request
  13. Credit Limit
  14. Bank Guarantee
  15. Accounting Reports
  16. Accounting Entries
  17. Budgeting
  18. Item Wise Taxation
  19. Recurring Orders and Invoices
  20. Pricing Rule
  21. Tools
  22. Setup
  23. Articles
  24. Payment Terms