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Documentation -> Accounting/Bookkeeping -> Books in flowlog

 

What are books in flowlog?

As you might suspect, a book in flowlog represents a set of accounting books for an entity (a company, org, etc). A flowlog account admin is not charged per set of books, and you can set up as many sets of books as you require.

When you create a set of books, flowlog will create categories, as well as default groups that vary slightly based on your choices. Most groups can be edited or deleted after they have been created, if necessary. Categories are 'set in stone'. These categories are Assets, Liabilites, Equity, Incomes and Expenses. Most accounts are manually generated by users. The exception to that, is when you have chosen features that require flowlog to manage certain accounts, such as Auto Depreciation Management or Books Auto-Close. Commandeered accounts cannot be edited or deleted while those automation features are enabled, as flowlog has to depend on those being there and with particular attributes. These features are explained in more detail on their own dedicated docs pages, so please see that for more info.