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Module · Accounting & Ledger
Full double-entry accounting, built to IFRS & IAS principles.
Every sale, purchase, payment and stock movement posts to a proper general ledger automatically — structured the way your accountant and your auditor expect, not just the way a till expects.
Most POS systems stop at the till and hand you a CSV to reconcile in something else. i-TaviPOS carries the transaction all the way through: a real chart of accounts, a general ledger, and financial statements built on IFRS and IAS principles — always as current as your last sale, not a month behind in someone's spreadsheet.
Inside Accounting & Ledger
Automatic double-entry
POS sales, purchases, payments and stock adjustments post their own balanced journal entries — no manual bookkeeping.
IFRS & IAS-aligned by design
Revenue recognition, inventory valuation (IAS 2) and fixed-asset depreciation follow standard accounting treatment — not a homegrown approximation.
Configurable chart of accounts
Start from a Fiji SME template or bring your own chart of accounts across from your existing books.
Bank reconciliation
Import or connect your bank feed and match transactions against the ledger, line by line.
Accounts payable & receivable
Track what you owe suppliers and what customers owe you, with ageing and payment allocation built in.
Financial statements on demand
Profit & loss, balance sheet and cash flow, live — presented the way your accountant and your bank expect to see them.
Fixed asset register
Assets, depreciation and disposals get their own dedicated module (see Fixed Asset Register below) — fully linked to the ledger, not a side spreadsheet.
Period close & audit trail
Lock a period once it's reviewed, with every later change logged against the user who made it.
Because accounting lives in the same system as the till, your accountant sees the same numbers your cashier does — in real time, on a set of books built to a standard, not month-end guesswork.
See it running on your own item list.
Bring a sample of your products or services and we'll show you how it works in i-TaviPOS.