Most bookkeeping applications require knowledge and expertise in how to properly keep the books for a business. As a business owner you have 2 choices: acquire enough knowledge and expertise to maintain your books, or hire an accountant or bookkeeper to do this service for you. Either way, year after year, you need to continually invest knowledge, time and money into maintaining your books. MyBookkeepingAP optimizes this recurring cycle. Its approach allows you to model the transactions that occur in your business. Maintaining your books becomes simple data entry tasks, significantly reducing the associated effort and cost of bookkeeping.

Key Features
- Define your own transaction types comprised of data entry and calculated fields
- Control how transaction fields are posted to accounts
- Create customized reports e.g. Balance Sheet, Income Statement etc.
- Import opening balances from previous years closing balances at anytime
- Import transaction, account and report definitions from other books
- Rollup accounts / account hierarchies
- Custom functions and constants for use in calculations
- Download account and transaction details to CSV
- Download report output to HTML (loadable in spreadsheet app)
- General Index of Financial Information (GIFI) code support
- Conditional account postings