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Finance

The books close on the same records the scale wrote.

Most of this list is what a processor buys a second system for. It is in AGEX OS, posting from the intake, the run and the invoice — which is the only reason the month-end figure and the factory floor figure agree.

Starting up

Bring your existing books across — and rehearse it before anything is written.

Opening balances, unpaid customer invoices, unpaid supplier bills, supplier advances and outstanding loans are loaded from a sheet. You rehearse the load first and read exactly what it would post; nothing reaches the ledger until you commit it, and a commit can be undone in one action.

Rehearse, then commit
The rehearsal reports every row that will not load and what it would post for the ones that will. Rows that fail are listed with the reason; the valid rows can still go on.
Undo the whole load
A committed migration is reversed as one transaction — every entry it made comes back out, and the trail keeps both.
Opening balances, guided
Owner capital, a bank loan and the cash and bank you actually started with, entered through a guided screen that balances as you go.
Loaded twice, caught once
Duplicate protection on every route in, so a sheet sent again does not double your opening figures.
The ledger

Append-only double entry. Nothing is quietly edited.

Every intake, run, transfer, invoice and payment posts a balanced journal as it happens. A submitted document is immutable; a correction is a cancel and an amend, and both stay on the trail.

Chart of accounts
Classified accounts, journals, trial balance, profit and loss and balance sheet.
Reversals in period
A cancellation reverses in the period it was posted, so a closed month never moves.
Multi-currency
Transactions in the currency they happened in, reported in yours.
Audit trail
Who posted what, from which document, with the source rows attached.
Month-end

The close is a checklist the system runs, not a weekend.

Prepayments, accruals, revaluation and recurring entries are posted from rules you set once, each with its own journal you can open.

Prepayments and accruals
Schedules that release month by month, posted automatically and visible before they post.
FX revaluation
Open balances revalued at your closing rate, with the gain or loss on its own account.
Recurring journals
Rent, depreciation, standing charges — defined once, posted on the calendar.
Period control
Close a period and it stops accepting postings, for everyone, in the database.
Receivables

Statements, dunning and a credit limit that actually stops a sale.

The money owed to you is chased on a schedule rather than when somebody remembers, and the customer sees the same figures you do.

Ageing
Receivable and payable ageing by bucket, drillable to the invoice.
Statements
A branded statement per customer, emailed or printed, tying back to the ledger.
Dunning notices
Staged reminders as an invoice ages, sent and logged against the customer.
Credit limits
A customer over their limit is blocked at the document, not warned at the screen.
Cash

Cash flow you can read, and a bank reconciliation that proposes the match.

Import a statement and the system proposes the matches it is confident about — exact, near, grouped — and shows the difference on the ones it is not.

Cash flow
Movement by period from the ledger itself, not a spreadsheet kept alongside it.
Match proposals
Amount, date and reference scored together, with rules learned from how you matched before.
Grouped settlements
One bank line against several invoices, proposed as a group.
Reconciliation statement
Book balance to bank balance, with every unreconciled item listed and aged.
The bank the money moved through
Payments name the actual account — Trust Bank current, mobile money, petty cash — so a remittance advice and a reconciliation agree on where the money went.
Routes back

Every submitted document has a way back, and it is never a delete.

A sale that comes back is a sales return and a credit note against the original invoice. A payment sent to the wrong place is reversed, not erased. A reconciled bank line whose entry was later cancelled is flagged on the statement rather than left looking matched.

Returns and credit notes
Goods back into stock at the batch they left on, a credit note against the invoice, and the customer's balance reduced by it.
Cancel and reverse
Cash counts, stock transfers, goods receipts, receipt allocations, supplier advances and licence payments each have their own reversal, posted in the period the original hit.
Changed a closed month?
If a correction touches a month that is already closed, the screen says so before you post and names the month that has to be reopened.
Who may undo what
Reversals carry their own permissions and a written reason — undoing a bank reconciliation is not the same right as doing one.
Costing

What a contract, a container or a run actually cost you.

Costs carry the dimension they were incurred against, so margin is a query rather than an argument.

Contract costing
Intake, processing, freight and charges gathered against the contract they belong to.
Container costing
Landed cost per container, per batch, per kilo.
Conversion cost
Labour, energy and consumables split across the outputs of a processing run.
Fixed assets
Capitalisation, depreciation schedules and disposals, posted to the ledger.
Tax and export

Returns and exports in the shape your accountant asked for.

Filing stays a human act; preparing the pack does not.

VAT and withholding
Return packs from the ledger, with withholding certificates per supplier.
Sage and QuickBooks
Scheduled export of the ledger in the format those systems import.
Budgets and cost centres
Budget against actual by centre, from the same postings.
Year-end close
Retained earnings rolled and the year locked, on the trail like everything else.
The screens

What the close actually looks like.

Captured from a working book: a month of cash, an ageing, a reminder waiting to be sent, the schedules that release on their own, a revaluation and a bank statement being matched off.

AGEX OS cash flow statement showing operating, investing and financing movement by period with the closing cash balance
Money in and money out by period, read from the ledger rather than kept in a spreadsheet beside it.
Where it sits

Bring your accountant to the demo.

Half an hour on your own trial balance, your own ageing and a real bank statement.