Managing Accounting In Aplos
Common Accounting Transactions
In this lesson, we will provide a detailed review of basic bookkeeping techniques, tips, and best practices. For best results, log in to your account in a separate window and follow along. Don’t have an account yet? Start a free trial.
We will take a deeper dive into how bookkeeping is intended to reflect the reality of your organization’s financials. We will also walk through the following areas of your accounting in Aplos:
- Chart Of Accounts
Add or remove accounts in your chart of accounts, and establish your funds. Go to your chart of accounts in Aplos. View the resource for setting up your chart of accounts.
Use tags to track your transactions and run more granular reporting. Go to your tags in Aplos. View the resource on accounting tags.
Create and manage your budgets by assigning the amounts you want to budget for your income and expense accounts. Go to your budgets in Aplos. View the resource on creating budgets.
- Entering Transactions
Enter deposits and payments in your account register. Go to your account register in Aplos. You can also enter transactions using the journal entry screen to enter debits and credits to your different accounts. Go to your journal entries in Aplos. View the resource on recording transactions.
- Accounts Payable
View upcoming bills, enter new bills, and record full or partial payments in your accounts payable. Go to your Accounts Payable in Aplos. View the resource for Accounts Payable.
- Accounts Receivable
Create, print, or email invoices, and record payments in your accounts receivable. Go to your Accounts Receivable in Aplos. View the resource on Accounts Receivable.
- Bank Integration
Set up bank integration to import transactions from your bank directly into Aplos. Go to your bank integration in Aplos. View the resource for setting up bank integration.
Gusto integrates with Aplos so you can easily process payroll and record it in your accounting. Go to your payroll in Aplos. View the resource on tracking payroll.
Enter contributions by individual, track them in your accounting, and create batch deposits. Go to your contributions and your deposits in Aplos. View the resource on contributions and deposits.
- Online Donations
Set up your forms and widgets to accept online donations. Go to your online forms and widgets in Aplos. View the resource for online donations.
- Bank Reconciliation
Ensure that your bank balance matches your books, and identify any discrepancies by performing a bank reconciliation. Go to your bank reconciliation in Aplos. View the resource for how to complete a bank reconciliation in your accounting.
Run the required financial reports for your organization. Go to your reports in Aplos. View the resource for generating reports.
- Period Close
Lock down an accounting period to ensure changes can no longer be made. Go to period close in Aplos. View the resource on closing periods.
- Filing 990s
If your organization needs to file a 990 with the IRS, you can do that directly from Aplos. Go to e-File 990 in Aplos. View the resource for filing your 990.