General Ledger

VAT features

• Efficient VAT settlement with receipt
  Uniconta’s VAT settlement system stores all relevant data, so VAT can be quickly posted and reported directly to Customs & Tax via API. A digital receipt ensures documentation, which saves time and ensures correct VAT settlement.
• Deferred VAT adapted to international rules
  Uniconta supports deferred VAT, so VAT is not reported until the invoice has been paid. This is particularly useful in countries with deferred VAT practices and makes the system ideal for international businesses.
• VAT declaration for correct reporting
  Uniconta automatically generates a VAT report with all relevant VAT entries, which facilitates the reconciliation process and ensures that VAT rules are complied with.
• EU Sales without VAT
  The “EU Sales without VAT” report shows invoice lines with VAT codes specifically for EU sales without VAT, which helps with compliance and makes VAT reporting accurate.
• Tax codes adapted to countries and tax regulations
  Uniconta provides the opportunity to create VAT codes for specific countries and delimit them according to national tax rules, ensuring correct VAT treatment in accordance with local requirements.

Banking and Currency Features

• Handling exchange rate and penny differences
  Uniconta automates the settlement of exchange rate and penny differences during bank reconciliation, eliminating manual adjustments and ensuring accurate reconciliation.
• Simple difference management in bank reconciliation
  The system automatically handles bank fees and any differences, facilitating reconciliation and ensuring accurate bank transactions without manual intervention.
• Real-time bank reconciliation
  Uniconta’s bank reconciliation function automatically matches bank transactions with accounting data. This allows lines to be kept on hold and makes reconciliation quick and error-free.
• Currency adjustment for accurate accounting
  Uniconta ensures precise currency management with automatic adjustments on balance sheet accounts. The currency adjustment function posts the adjustment to the account and the offset account, making the financial statements updated in real time.
• Currency in G/L Account
  For bank and vendor accounts, Uniconta can accumulate the balance in the selected currency, which ensures correct currency reconciliation and makes it easy to follow currency movements in the accounts.

Voucher Management and Physical Vouchers

• Efficient document management and PDF management
  Uniconta makes document management simple by allowing for merging of attachments, filtering of irrelevant attachments and compression of large files. The system makes it possible to move vouchers between companies, which creates flexibility.
• Rotate and customize PDF attachments
  With Uniconta, attachments can be rotated and customized, making them easier to work with in the inbox. This improves the overview and ensures that vouchers are organized and easy to find.
• Voucher approval with email reminders
  Uniconta allows for approval flow via email and sends reminders about documents that lack approval. This optimizes the approval process and ensures that documents are quickly processed and available in the system.
• Dimensions in Physical Appendices for a better overview
  Documents can be organized by dimensions such as department or project, making them easier to find and track in the general ledger.
• Move/Copy physical attachments between folders
  Physical documents can easily be moved or copied between folders, which makes it possible to keep a structured document management across different accounts.

Financial Functions and Financial Management

• Preflight with simulated posting
  Simulated posting allows you to test and check the posting journal and balance sheet before posting. This ensures accuracy and reduces the risk of errors in the accounts.
• Accounting in several financial years for flexibility
  Uniconta allows bookkeeping across financial years, and each year can be divided into periods that can be closed. This provides flexibility and ensures that financial statements are kept up to date without necessarily having to close old financial years.
• Individual journal setups tailored to business needs
  Uniconta provides the flexibility to create unlimited drafts per customer and customize the setup according to the company’s needs. This creates precision and makes financial management flexible and efficient.
• Accrual and allocation of costs
  Accrual in Uniconta makes it easy to distribute income and costs over several periods, which provides an accurate picture of the company’s financial situation.
• Subscription management and accrual of revenue
  Uniconta enables accrual of subscription revenue, which provides a clear overview of revenue and ensures correct reporting for subscription-based companies.

Compliance and Year-End

• Secure compliance with SAF-T readout
  The SAF-T readout in Uniconta makes it possible to read out standardized files that meet the requirements of the Bookkeeping Act. This ensures that the company can meet the necessary legal requirements.
• Closing sheet for Auditor for smooth year-end close
  Uniconta’s closing sheet gathers relevant information for the year-end, which facilitates the auditor’s review and ensures a complete financial statement ready for inspection.
• Traceable entries with origin log
  Uniconta assigns origin marking to all entries, which provides full traceability and makes it easy to follow the entries back to their source. This creates transparency and increases quality control.

Budgeting and Analysis

• Financial, Balance and Budget for deep insights
  Uniconta provides deep insight into financial data with detailed balance sheet and budget functions. This makes it possible to analyze financial data and make strategic decisions based on up-to-date key figures.
• Cash register with advanced control
  The journal provides a quick overview of line entries and makes it easy to sort and adjust as needed. This ensures an accurate financial overview and makes data work more manageable.

Streamlining Workflows

• Copy/Paste and Quick Creations
  Uniconta optimizes data entry with Copy/Paste and Quick Creations, saving time and reducing errors. This feature improves workflow and makes accounting work fast and accurate.
• Quick Corrections in the Accounts
  Uniconta allows for quick corrections in the accounts, which ensures flexibility and increases control over data. The features allow you to make changes without affecting the overall accuracy of the accounts.
• Real-time banking transactions with flexible management
  Uniconta allows for real-time management of bank transactions and makes it easy to hold transactions during reconciliation. This ensures a fast and accurate reconciliation of bank data.
• Customizing dimensions and accounts
  Uniconta offers full flexibility in the customization of dimensions and accounts, making it possible to tailor the system to specific business needs. This provides better control over data and optimizes the financial overview.