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. Point of Sale Invoice
  6. Purchase Invoice
  7. Payments
  8. Journal Entry
  9. Payment Entry
  10. Subscription
  11. Multi Currency Accounting
  12. Advance Payment Entry
  13. Payment Request
  14. Credit Limit
  15. Bank Guarantee
  16. Accounting Reports
  17. Accounting Entries
  18. Budgeting
  19. Item Wise Taxation
  20. Recurring Orders and Invoices
  21. Pricing Rule
  22. Tools
  23. Setup
  24. Articles
  25. Payment Terms