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Documentation Index

Fetch the complete documentation index at: https://ombamanual.ombaerp.com/llms.txt

Use this file to discover all available pages before exploring further.

The Finance module in OMBA gives you a complete picture of your company’s financial position. From the chart of accounts and general journals through to budget tracking, tax amendments, and multi-currency support, every financial transaction recorded elsewhere in OMBA — sales, purchases, banking, payroll — flows into Finance automatically.

Journal entries

Create manual journals, import from Excel, and post or reverse transactions.

Reports

Run financial statements, ageing reports, and budget-versus-actual summaries.

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What Finance covers

AreaWhat you can do
Chart of accountsCreate and organise accounts by type (asset, liability, equity, income, expense)
Account typesDefine custom account categories to group your accounts
General journalPost manual debit/credit entries with supporting documents
Transaction reviewView, edit, post, and reverse any transaction by type and date range
BudgetingSet budget amounts per account and period; compare actuals against budget
Tax amendmentsAdjust tax-payable balances within a period
DepartmentsAssign transactions to departments for departmental reporting
CurrenciesRecord foreign-currency transactions with exchange rates
Fiscal yearDefine your accounting year and periods in System Administration

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How Finance connects to other modules

Every operational module in OMBA posts to the general ledger automatically:
  • Sales — invoices, refunds, and POS closures create journal entries against your sales and debtors accounts.
  • Purchases — goods received and supplier invoices post to creditors and inventory accounts.
  • Banking — deposits and withdrawals post directly to your bank and cash accounts.
  • Payroll — a payroll run creates payroll journal entries covering gross pay, deductions, and employer contributions.
  • Fixed assets — asset acquisitions and depreciation runs post to the asset and accumulated-depreciation accounts you configured on each asset class.
  • Inventory — stock adjustments and transfers post to inventory accounts.
To keep your books clean, set up your chart of accounts and fiscal year in System Administration before recording any transactions. See Configure OMBA for your business for the recommended setup order.

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Finance dashboard

Open the Finance module to see the Finance Dashboard, which displays key balances and recent activity at a glance. Use the date filter at the top to scope the view to any period.