đ Rentals, Tool Hire & Event Asset Double-Entry Financial Ledger
Automated 15% Output VAT calculation, equipment maintenance deductions, deposit accounting, and general ledger.
Month Rental Revenue (4xxx)
R 0.00
Event & Equipment Hire Fees
Month Maintenance Spends (5xxx/6xxx)
R 0.00
Fleet Repairs, Spares & Opex
Net Month Operating Margin
R 0.00
Net Surplus (Revenue - Expenses)
Output VAT 15% (2150)
R 0.00
Tax Collected on Asset Leases
Input VAT (1200)
R 0.00
Tax Claims on Spares & Logistics
Customer Hire Debtors (1100)
R 0.00
Corporate Accounts Receivable
Cash & Bank (1000+1010)
R 0.00
Operating & Deposit Bank Float
đ Current Period SARS VAT201 Breakdown
| Standard Rated Supplies (Hire Turnover Excl. VAT): | R 0.00 |
| Output VAT (15% Collected): | R 0.00 |
| Input Tax Deductions (Maintenance & Fleet GRVs): | R 0.00 |
| Customer Damage Deposit Hold (2120): | â Connected Mode |
| Net Period Operating Margin: | R 0.00 |
đ Rental Asset Integrity & Maintenance
Every tool checkout, marquee hire deposit, cleaning fee invoice, and equipment repair GRV auto-posts balanced double-entry entries to the general ledger with zero manual data entry.
[RENTAL ASSET JOURNALING RULES]
âĸ Hire Checkout: DR 1000/1010 Bank / CR 4000 Rental / CR 2150 Output VAT
âĸ Deposits: DR 1010 Bank / CR 2120 Refundable Deposits
âĸ Repairs: DR 6000 Maintenance / DR 1200 Input VAT / CR 1010 Bank
âĸ Hire Checkout: DR 1000/1010 Bank / CR 4000 Rental / CR 2150 Output VAT
âĸ Deposits: DR 1010 Bank / CR 2120 Refundable Deposits
âĸ Repairs: DR 6000 Maintenance / DR 1200 Input VAT / CR 1010 Bank
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 | |