TERP Module

Accounting & General Ledger

True double-entry accounting that every other module posts into automatically.

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A complete general ledger sits at the heart of TERP. Every sale, purchase, payment, payroll run and rental collection posts a balanced voucher into the same ledger, so your trial balance, profit and loss and balance sheet are always live. No month-end re-keying, no separate accounts package.

Key features

What you get

Chart of accounts with account groups (assets, liabilities, income, expense, equity)
Journal, payment, receipt and contra vouchers with full audit trail
Trial balance, profit and loss, balance sheet and ledger drill-down
Bank and cash books, cheque management and petty cash
Fixed assets with depreciation schedules
Budgets and variance reporting per account and per branch

See it in action

A worked example

Where a single sale ends up

1

A cashier rings up a LKR 4,500 sale at the POS counter.

2

TERP posts one balanced voucher: cash increases, sales income increases, and stock reduces at cost.

3

The trial balance and profit and loss update instantly, with no extra entry from the accountant.

4

At month-end the owner opens the P&L and sees the sale already included, branch by branch.

Who it is for

Built for teams like these

AccountantsBusiness ownersAuditorsFinance teams

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★ Built-in AI assistant

New to Accounting & General Ledger? Just ask.

Every TERP workspace includes an AI assistant that explains any Accounting & General Ledger feature or report in plain language — so you and your team are productive from day one, no manual required. It answers from TERP's own guides, anytime.

Run your whole business on TERP

Every module shares one ledger, one customer list and one login.

Create your free workspace →