Books the database won't let go wrong
Every sale, payment and bank line lands in one double-entry ledger. Postgres rejects an entry that doesn't balance, a change to a posted line and a posting into a closed month, whoever or whatever tries.
- Starter chart on day one
- Bank matching
- Multi-currency
- 19 checks before close
- 129 accounts in the Malaysian starter chart
- Corrections are reversals; posted lines never change
- An append-only log of postings, closes and chart changes
Bank
Import the statement, keep the matches
Bring in CSV, OFX, Excel, MT940 or a PDF statement, with presets for thirteen Malaysian bank exports. Each line is scored against your entries. Accept every suggestion in one click, or work the uncertain ones line by line.
- Exact amount and date score highest, then the same day, then within three days
- Your rules first, then learned ones, then defaults
Integrity
Rules that hold below the app
Most software checks the rules on the screen. Cynco checks them again inside the database, so they hold for the dashboard, the API and the agent alike.
- A posted entry that doesn't balance is rejected
- Closed periods refuse new entries
The details
- Charts
- Starter charts for Malaysia, Singapore, Australia, the UK and the US, ready the day you sign up.
- Foreign currency
- Realised gains and losses on settlement, and revaluation at period end.
- Dimensions
- Tag lines by channel, project or branch, and report on them.
- Fixed assets
- Straight-line or reducing-balance depreciation, posted each period.
- Close
- Nineteen checks before a period closes, from the trial balance to earlier periods being closed.
- Audit trail
- Postings, closes, chart changes and reconciliations are each logged with their actor, in a log the database only appends to.
The rest of the ledger
- InvoicingInvoices that post themselves, with quotes and reminders.
- BillingSubscriptions, usage and renewals that retry themselves.
- PaymentsFPX, DuitNow QR and card on CHIP, matched to the invoice.
- e-InvoiceFiled with LHDN MyInvois, QR code and all.
- Purchase ordersOrder, receive, then turn it into the bill.
- InventoryStock on hand, costed by weighted average.
- PayrollEPF, SOCSO, EIS and PCB, worked out for you.
- ReportingStatements and tax forms, current when you open them.
- AgentsAsk in plain language. Approve what it drafts.
- Data roomEvery document, versioned and answerable.
Start with bookkeeping
Free to start, and set up in an afternoon. Every other part of the ledger is there when you need it.