Daftrix by type of business
The books are the same in every business; what changes is where the activity sits: in invoices, in stock, or in cost centres. Pick the one closest to your company.
A services company
In a services company the activity is invoices, collections and expenses. The owner needs to know every morning: how much cash do I have, who is late paying, and is this month profitable.
On Daftrix
The service invoice posts its entry and updates the customer balance
The receipt closes the invoice, and aging shows who is late
Running costs paid by payment vouchers from the till
The dashboard: cash and period net against last month
A trading company with stock
In a trading company, margin leaks between the warehouse and the invoice. Daftrix ties the invoice to the item movement, so balance and average cost come from the movements themselves.
On Daftrix
Sales and purchase invoices move stock and partner balances
Average cost and value per item, with reorder alerts
Warehouse transfers, stocktakes and adjustments
E-invoicing and VAT returns
A contractor
In contracting the question is: what did each project cost against its budget? A cost centre per project answers it, and sister companies each keep their own books from the same account.
On Daftrix
A cost centre per project, with a budget-versus-actual report
A monthly payroll run posted into the same books
Tills, banks, cheques and bank reconciliation
Several companies, each isolated with its own data
Your books on Daftrix, free for 14 days.
Try the full system on demo data, or request a quote to buy a perpetual licence for your own hosting.