Accounting
The Accounting module manages your chart of accounts, journal entries, and financial reports. SawaSuite uses the OHADA chart of accounts (Syscohada) by default for countries in the CEMAC and WAEMU zones.
Home > Accounting
1. Chart of Accounts
The chart of accounts is the structure of all your financial accounts.
Home > Accounting > Chart of Accounts
The OHADA chart of accounts is installed automatically with the standard classes:
- Class 1 — Long-term resource accounts
- Class 2 — Fixed asset accounts
- Class 3 — Inventory accounts
- Class 4 — Third-party accounts
- Class 5 — Cash and bank accounts
- Class 6 — Expense accounts
- Class 7 — Revenue accounts
WARNING
Do not modify the default system accounts. You can add new sub-accounts as needed.
2. Journal Entries
A journal entry is a manual accounting transaction.
Home > Accounting > Journal Entry
Use journal entries for:
- Accounting adjustments
- Transfers between accounts
- Opening entries
- Provisions and depreciation
Invoices and payments automatically create accounting entries — you do not need to enter them manually.
3. Financial Reports
Balance Sheet
Home > Accounting > Balance Sheet
The balance sheet shows your company's financial position at a given date: assets, liabilities, and equity.
Profit and Loss Statement
Home > Accounting > Profit and Loss Statement
The profit and loss statement shows your revenue and expenses over a period, along with the net result (profit or loss).
General Ledger
Home > Accounting > General Ledger
The general ledger details all transactions for each accounting account. Filter by account, period, or party.
Trial Balance
Home > Accounting > Trial Balance
The trial balance displays the debit and credit balance of each account over a period.
4. Taxes
Tax Template
Home > Accounting > Sales Taxes and Charges Template
Create templates to automatically apply taxes on your invoices:
- Click + Add
- Name the template (e.g., "VAT 19.25% Cameroon")
- Add a row:
- Type — On Net Total
- Account — VAT Collected account
- Rate — 19.25 (or your country's rate)
- Save
| Country | Standard VAT |
|---|---|
| Cameroon | 19.25% |
| Senegal | 18% |
| Ivory Coast | 18% |
| Nigeria | 7.5% |
| Ghana | 15% |
| Kenya | 16% |
5. Multi-Currency Professional
Professional and Business plans allow invoicing in multiple currencies:
- XAF — CFA Franc CEMAC
- XOF — CFA Franc WAEMU
- NGN — Nigerian Naira
- GHS — Ghanaian Cedi
- KES — Kenyan Shilling
The exchange rate is entered manually or fetched automatically when the document is created.