Accounting

The books, kept the way they are meant to be kept.

A proper double-entry system, not a sales tool with a ledger bolted on. Everything that moves money posts a journal, and every figure on every screen opens the entries it came from.

Trial balance · 31 August3 entities
Datche Tradingoperating₱48,212,900balanced
Datche Logisticsoperating₱12,408,110balanced
Datche Realtyholding₱31,940,000balanced
Intercompanyeliminated on consolidation₱4,206,400matched
Consolidatedafter eliminations₱88,354,610
Debits = creditschecked on every postbalanced
JOURNAL VOUCHERJV-2026-08-0412 · posted 31/08
Dr Rent expense — Ayala180,000.00
Dr Rent expense — IT Park145,000.00
Dr Input VAT39,000.00
Cr Accounts payable(358,000.00)
Cr Withholding 5%(6,000.00)
DR = CR364,000.00
Closed periodrefused
Cannot post unless it balances
What it is

Multi-entity, multi-branch, multi-currency double-entry accounting with consolidation and intercompany built in — not added later as a module.

How it works

What it actually does.

01

Nothing is ever deleted

Documents are voided, reversed or superseded. The audit trail is append-only and the database itself refuses anything else — which is what makes it worth having.

  • An amendment creates a revision; the original stays exactly as approved.
  • Every correction links to what it corrects, permanently.
  • Approval routing is data — ₱20,000 to one person, above that to two more.
Sub-ledgerLedgerDifference
Accounts receivable₱4,182,908.15₱4,182,908.15
Accounts payable₱2,914,220.60₱2,914,220.60
Inventory₱6,720,455.02₱6,720,455.02
Fixed assets₱18,204,110.00₱18,204,110.00

Control accounts agree with what is underneath them, checked on every close rather than at year end.

02

Both sides of every check are independent

Control accounts reconcile to sub-ledgers built from separate sources, so the comparison actually means something. A check that reads from the same place twice proves nothing.

  • Money is exact to four decimal places — never a floating-point number that drifts.
  • Rates and prices are effective-dated: a March invoice still computes at March’s rate.
  • A period closes on a checklist; an override takes a written reason, recorded.
Trial balance · August 2026₱0.00 out
Assets12 accounts₱31,820,884
Liabilities8 accounts₱9,144,206
Equity4 accounts₱18,402,110
Income less cost31 accounts₱4,274,568

It balances because it cannot do anything else — the entries are the only way in.

03

Two companies, one group

Each entity keeps its own books and files its own returns. The group consolidates with intercompany balances eliminated and unrealised profit on internal transfers taken out.

  • Both sets of books are set against each other, and the difference is shown.
  • Related party transactions, as BIR Form 1709 requires them disclosed.
  • Goods crossing a company boundary post both sides automatically.
Questions

The ones people ask about this.

Can we keep our chart of accounts?

Yes, and you should. We load the chart you use, with the codes your accountant already knows. Nobody has to learn a new one to keep doing their job.

Does it produce the BIR books of accounts?

Yes — general journal, sales, purchases, cash receipts and cash disbursements, each read from posted entries rather than kept as a separate record that can drift.

How fast is a close?

A review of work already done rather than a fortnight of chasing. The checklist runs all month, so closing is the last hour rather than the first fortnight.

Can we still post to the old month while reviewing it?

Yes. Closing a period does not stop the business; the new month is already open and posting while the old one is reviewed.

See it on your own figures.

Bring one ordinary day from your business and we will run it through in front of you, on your own items and your own prices.