Account ledgers & journal entries
- Multi-level chart of accounts with unlimited categories and sub-accounts
- Auto-posting from invoices, payroll, inventory, and bank transactions
- Opening balance import from Excel or previous accounting software
- Bank reconciliation with CSV/OFX import support
- Fiscal year management with period locking to prevent back-dating
Bookkeeping and ledgers: how it works
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Set up your accounts
Build your chart of accounts with as many categories and sub-accounts as you need.
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Bring in opening balances
Import balances from Excel or your previous accounting software.
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Work as normal
Invoices, payroll, inventory, and bank transactions post their journal entries automatically.
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Reconcile and lock
Match bank statements, close the period, and lock it against back-dated changes.
Bookkeeping that keeps itself up to date
Every business needs a general ledger — the complete record of what came in, what went out, and where it went. In many Pakistani SMEs that record lives in spreadsheets or registers that are updated at month-end, and by then the numbers are already out of date.
Finivo.pk keeps a proper double-entry ledger for you. Every sale, purchase, salary run, and stock movement posts its own journal entry automatically, so both sides of every transaction are always recorded and your trial balance is accurate in real time — not just after someone has spent a week catching up.
New to double-entry? Our guide to double-entry bookkeeping for SME owners explains the basics in plain language.
A chart of accounts that fits your business
Your chart of accounts is the list of categories your transactions are sorted into. Finivo.pk supports a multi-level chart of accounts with unlimited categories and sub-accounts, so a trader, a manufacturer, and a service firm can each organise their books the way they actually work.
Moving from another system? Import your opening balances from Excel or from your previous accounting software and start from where you left off. Our chart of accounts guide walks through setting one up for a new business.
Reconcile, close, and lock your books
- Bank reconciliation: import your bank statement as CSV or OFX and match it against your ledger
- Fiscal years: set up your financial year and manage it from one place
- Period locking: lock closed periods so nobody can back-date entries into months you have already reported
Together these make month-end a checklist rather than a scramble. Follow our month-end closing checklist for the full routine.
Who uses Bookkeeping and ledgers
- Small and medium businesses replacing spreadsheets or manual registers
- Growing companies that need accurate books for banks, investors, or audits
- In-house accountants who want the ledger updated without re-typing
- Accounting firms and bookkeepers managing clients in Pakistan
Ledgers and journal entries are included in every plan, starting with Starter. Compare plans and pricing.
Bookkeeping and ledgers: frequently asked questions
Do I need to know accounting to use the general ledger?
No. Most entries are posted automatically when you raise an invoice, run payroll, or record stock, so the ledger stays correct while you work. Your accountant can still review and adjust everything.
Can I import my existing accounts?
Yes. You can import opening balances from Excel or from your previous accounting software.
How many accounts and sub-accounts can I create?
The chart of accounts is multi-level with unlimited categories and sub-accounts.
Which bank statement formats can I reconcile?
Bank reconciliation supports CSV and OFX statement imports.
Can I stop people changing last month’s figures?
Yes. Period locking prevents back-dated entries into periods you have closed.
Works together with
Advanced Journal Entries
Full manual journal entry workflow for adjustments, accruals, prepayments, and complex accounting transactions.
Explore Advanced Journal Entries →Reports
Every report you'll ever need, updated the moment a transaction is posted. Export to PDF or Excel in one click.
Explore Reports →FBR Invoicing
Directly connected to FBR's Point of Sale system. Generate, validate, and submit FBR-compliant invoices without leaving the platform.
Explore FBR Invoicing →