An Organization is a module in Keruy™ used to track the company's internal financial transactions

Its purpose:

• accounting for transactions not related to sales or purchases

• recording internal company expenses (rent, advertising, utilities, etc.)

• accruing liabilities to employees and contractors (salaries, compensations, bonuses)

• accounting for dividend accruals to business owners

• recording the company's tax liabilities

• generating analytics of internal financial processes

Location

The "Organization" module is located on the navigation panel on the left

You can immediately view "All" existing organizational documents or choose the required type. The list of documents is displayed in a tabular format. Its appearance can be customized according to your own criteria using filters, columns, and other tools

To account for organizational expenses in Keruy™, four types of financial documents are used: "Expenses", "Dividend Accruals", "Payroll Accruals", "Tax Accruals"

Expenses

Accrual of liabilities to a supplier for goods or services related to the company's internal needs. This can include rent, advertising, utilities, low-value assets, etc.

Dividend Accruals

Used to distribute the company's net profit among its shareholders or participants. Dividends are one of the ways of return on investment for owners of shares or corporate rights

Payroll Accruals

Used to accrue the company's liabilities to employees or contractors (freelancers, etc.). This can include wages, rewards, bonuses, compensation for using the employee's personal property in the employer's interests, etc.

Tax Accruals

Created when it is necessary to record liabilities to the fiscal authorities of the country. Currently, tax accounting in Keruy™ is represented in a highly simplified form