Books your treasurer and auditor can trust
Your organisation keeps its own books on Achekam: bank statements read and reconciled, suppliers paid, budgets against actuals, and funds and programmes as tracking categories. Appoint your accountant to work in your books, and request an independent review or an audit from the workspace.
Who uses it
- Treasurer
- Finance
- Accountant
- Auditor
What it does
- Ledger, bank accounts, cash book and bank reconciliation.
- Financial Intake reads bank statements and slips for a person to check and post.
- Suppliers, bills and payments; staff expense claims with approval.
- Budgets against actuals, and tracking categories for funds and programmes.
- VAT where your organisation is registered; fixed assets with depreciation (Standard and Organisation).
- Payroll and books in other currencies for foreign funders (Organisation).
- Request an independent review or an audit, and appoint a firm to work in your books.
How it works
- Set up your books.
- Import the bank statement.
- Reconcile and post.
- Report by fund.
The controls that protect it
- Nothing the AI reads posts until a person accepts it.
- Your accountant works in your books with the access you choose, and every change carries its name.
What it does not do (yet)
- Annual financial statements are prepared by your accountant or auditor.
- The VAT codes on the starter items are defaults to confirm with your accountant: a grant from a public body may be treated differently from a donation.
