đ Professional, Medical & Legal Double-Entry Financial Ledger & SARS VAT201 Engine
Automated 15% Output VAT calculation, practice expenses input tax deductions, and verified double-entry ledger.
Month Fee Revenue (4xxx)
R 0.00
Professional & Legal Fees Billed
Month Practice Expenses (5xxx/6xxx)
R 0.00
Chambers, Subscriptions & Opex
Net Month Operating Margin
R 0.00
Net Surplus (Revenue - Expenses)
Output VAT 15% (2150)
R 0.00
Tax Collected on Invoiced Fees
Input VAT (1200)
R 0.00
Input Deductions on Practice Spends
Debtors / Accounts Receivable (1100)
R 0.00
Client Invoices Outstanding
Cash & Bank (1000+1010)
R 0.00
Operating Business Bank Accounts
đ Current Period SARS VAT201 Breakdown
| Standard Rated Supplies (Fees Excl. VAT): | R 0.00 |
| Output VAT (15% Collected): | R 0.00 |
| Input Tax Deductions (Practice Invoices): | R 0.00 |
| Section 86 Legal Trust Accounts: | â Connected Mode |
| Net Period Margin: | R 0.00 |
đ Professional Compliance & Trust Ledger
Every professional retainer, consultation invoice, expert disbursement, and supplier GRV automatically posts balanced double-entry journals into general_ledger_entries with zero manual errors.
[PROFESSIONAL JOURNALING RULES]
âĸ Invoicing: DR 1100 Debtors / CR 4000 Fees / CR 2150 Output VAT
âĸ Disbursements: DR 5000/6900 Expense / DR 1200 Input VAT / CR 1010 Bank
âĸ Settle AP: DR 2100 AP / CR 1010 Bank Account
âĸ Invoicing: DR 1100 Debtors / CR 4000 Fees / CR 2150 Output VAT
âĸ Disbursements: DR 5000/6900 Expense / DR 1200 Input VAT / CR 1010 Bank
âĸ Settle AP: DR 2100 AP / CR 1010 Bank Account
âī¸ Mini Trial Balance (Top Accounts by Activity)
Real-time double-entry trial balance from trialBalance().
| Account Code | Account Name | Debit (DR) | Credit (CR) | Net Balance |
|---|---|---|---|---|
| No postings yet â General ledger is currently zero. | ||||
| Grand Totals | R 0.00 | R 0.00 | Balanced | |