OxyAccounting Knowledge Base
Practical, task-based help for running your business in OxyAccounting, from the first setup to month-end and year-end.
Choose where to begin
New company
Complete the setup wizard, add customers and suppliers, and check your opening balances.
Day-to-day work
Create documents, record money, reconcile the bank, run payroll and prepare VAT.
Review the books
Run reports, inspect journals and use the control tools to find differences.
A useful order for a new business
- Set up the company, including its financial year, VAT setting, branding and ledger.
- Add the customers, suppliers, products and services you already work with.
- If you are moving from another system, capture opening balances and opening stock before normal processing.
- Work through sales, purchasing, expenses, payroll and bank reconciliation as transactions happen.
- Use reports and control checks before filing or closing a period.
Important boundaries
- OxyAccounting prepares accounting records, VAT201 figures and payroll reports. It does not submit returns directly to SARS.
- Bank information is imported from statements; there is no live bank feed.
- Issued and posted records are corrected by a credit, cancellation or reversal so the audit trail remains intact.
- Some pages are limited by role. Payroll and accounting controls may be hidden from standard users.