The Foundation of Financial Clarity

NespoCASH uses a standard 5-category Chart of Accounts: Assets, Liabilities, Equity, Revenue, and Expenses.

How Journals are Auto-Posted:

When you complete a sale in the POS:

• Debit: Cash / Bank Account (Asset increases)
• Credit: Sales Revenue Account (Income increases)
• Debit: Cost of Goods Sold (Expense increases)
• Credit: Inventory Asset (Asset decreases)

This automated 4-legged entry guarantees your Balance Sheet and P&L remain perfectly balanced at all times.