intro
Vanu Connect brings invoices, supplier bills and financial reports into one business workspace. Here is the actual interface, followed by a clearly labelled worked example.

workspace
In the real accounting workspace, select your business, currency and reporting dates. Choose Profit and Loss, Balance Sheet or trial balance, and switch between cash and accrual basis. Only posted entries enter these reports.

opening
The example starts with two hundred thousand vatu in the bank, funded by owner capital. Capital belongs in equity, not sales income.

invoice
Post a sample sales invoice for one hundred thousand vatu, plus fifteen thousand illustrative tax. Accrual reporting recognises the sale and customer receivable. Cash reporting waits for a recorded receipt.

bill
The supplier bill is thirty thousand vatu, plus four thousand five hundred illustrative input tax. Once posted, accrual profit is seventy thousand vatu. The supplier balance remains payable.

receipt
Record half the invoice as received: fifty-seven thousand five hundred vatu. Cash reporting now recognises fifty thousand in income, with tax tracked separately.

cash
Next, record half the supplier bill as paid. Cash profit becomes thirty-five thousand vatu, while accrual profit remains seventy thousand. Switch reporting basis to understand the timing difference.

balance
The Balance Sheet brings together bank, customer receivables, supplier payables, tax and equity. In this example, accrual assets total two hundred ninety-seven thousand seven hundred fifty vatu. Liabilities plus equity match exactly.

settled
After both balances are fully settled, cash and accrual profit agree at seventy thousand vatu. The bank holds two hundred eighty thousand five hundred. Recording a payment does not transfer money.

controls
Review account details, use the trial balance, and export a CSV with its reporting basis and currency. Bills have deliberate approval and payment records. Banking includes CSV import and matching, rather than an automatic bank feed.

end
Explore the guided demo at vanuconnect dot com. Then review your opening balances, accounts and tax treatment with your accountant before using live client books.

intro
Run your business with clearer books. Discover accounting in Vanu Connect.

invoice
Manage sales invoices and supplier bills. Review and post entries, then record receipts and payments already made.

cash
Compare cash and accrual reports. See Profit and Loss and Balance Sheet, with income, expenses and balances clearly presented.

controls
Choose your dates and currency, review account details and trial balance, and export reports for your accountant.

end
Try the safe accounting demo at vanuconnect dot com. Review your business setup with your accountant.