Double-entry bookkeeping, banking, and reportsbuilt like QuickBooks, priced like a feature.
A real double-entry general ledger with invoicing, expenses, banking, multi-currency, and reports — built like QuickBooks Online, included in your CloudIP subscription.
Most SMB accounting tools force you to choose: a simple invoicing app that breaks on real bookkeeping, or QuickBooks Online with its per-seat pricing and disconnected add-ons. CloudIP Accounting is a complete general ledger that grew up alongside the rest of the platform.
You write invoices and they post to revenue. You enter bills and they post to A/P. Bank feeds reconcile against journal entries. Payroll runs from the HR module post to wage expense automatically. Month-end is real, not a CSV export.
Accounting in three steps
From day one to day one-thousand, this is how the accounting module moves work through your business.
The accounting pillars
Specifics, not slogans — what each part of Accounting actually does for the business.
Sales — invoices, estimates, receipts, credits
Get paid faster, with online payment built in.
- Branded invoices with online card and ACH payment
- Estimates that convert to invoices with one click
- Sales receipts for cash and POS revenue
- Credit memos that apply against invoices automatically
Expenses — bills, vendors, receipts, credits
Pay vendors on time and write nothing down.
- Bill entry with approval workflow and recurring templates
- Receipt capture via mobile with OCR-extracted line items
- Vendor records linked to 1099 reporting
- Vendor credits with apply-to-bill workflows
Banking — feeds, rules, reconciliation
Reconcile in minutes, not days.
- Live Plaid bank feeds with auto-categorization rules
- Match transactions to invoices, bills, and journals
- Reconciliation views that balance to the cent
- Deposits, transfers, and credit-card payments handled natively
Reports — P&L, balance sheet, A/R aging, more
The reports your accountant actually asks for.
- Profit & loss, balance sheet, cash flow, trial balance
- A/R and A/P aging buckets with drill-down
- Sales tax liability, budget-vs-actual, general ledger
- Class and location segmentation across every report
Every capability has its own dedicated page
Click any capability to read what it does, who it is for, and how it works.
Branded invoices with online payment, dunning, and partial payments.
Bill entry, approvals, expense receipts, and vendor credits.
Live bank and card feeds with auto-categorization rules.
Match transactions, statements, and books in one view.
GAAP-ready chart with classes, locations, and sub-accounts.
Manual entries, recurring journals, and audit trail.
Trade in any currency, revalue at month-end, report in your base.
Automatic rate lookup, agency reporting, and filing handoff.
Track contractors, e-file 1099s through Tax1099 integration.
P&L, balance sheet, cash flow, A/R aging, and 20+ standard reports.
Annual, monthly, and class budgets with budget-vs-actual reports.
Schedule invoices, bills, and journals to post automatically.
Who this is for
Three real situations CloudIP customers bring us, and how the platform answers them.
Closing the month requires juggling QuickBooks, Bill.com, and Excel.
Outcome: Close in two days instead of seven, with bills, banking, and journals in one ledger.
Per-location P&L means manual class assignment in QuickBooks every week.
Outcome: POS sales arrive pre-classed, expenses are tagged at entry, and per-location P&L is one click.
Stripe deposits do not match invoiced amounts because of fees.
Outcome: Stripe payouts auto-reconcile with fees posted to expense.
Common questions
Specific answers about Accounting — not marketing fluff.
Yes. Every transaction posts to a journal with debits and credits. The chart of accounts ships with a GAAP-ready default and supports classes, locations, and sub-accounts. Audit trail is preserved for every change.
Books that cannot be lost
Accounting data is the highest-stakes data we hold. It lives on its own database with the strictest replication and audit policy of the platform.
Append-only journal
The general ledger is implemented as an append-only journal so corrections are entries, never overwrites.
Hourly snapshots
A copy of every tenant’s books is exported hourly to object-locked storage with seven-year retention.
Time-Travel restore
Any tenant can be restored to any point within the last thirty days without operator intervention beyond the request.
Reconciliation safeguards
Bank feed reconciliation is idempotent and survives partial failures during the import.
More of Accounting
Branded invoices with online payment, dunning, and partial payments.
Bill entry, approvals, expense receipts, and vendor credits.
Live bank and card feeds with auto-categorization rules.
Match transactions, statements, and books in one view.
GAAP-ready chart with classes, locations, and sub-accounts.
Manual entries, recurring journals, and audit trail.
Try Accounting on the full platform
14-day trial with every module enabled and the full Hardware Store catalog. No credit card.