• A full-featured, accrual-based double-entry accounting system.
• Creates unlimited levels for the Chart of Accounts, with auto postings and rollbacks.
• Balance Sheet and Profit & Loss reporting; Tracks receipts, disbursements, receivables, payables, and Statement of Accounts.
• Settlement of partial and/or multiple invoices, handles over-payment of invoices.
• Supports multiple currencies, calculates forex gain or loss.
• Supports multiple companies in separate data files.
• Includes iCloud support for data files, where you can share your accounting data in iCloud with Luca on your other Macs and iPad devices.
• Emphasises accuracy, data verification, auditability and traceability.