Rigorous bookkeeping built on Generally Accepted Accounting Principles (GAAP). Balanced ledgers and audit-ready financials from the first entry.
Try It FreeKantivo implements GAAP-compliant double-entry bookkeeping -- the methodology relied upon by CPAs and auditors across every industry. Each transaction is recorded with corresponding debits and credits that must reconcile. This approach does more than satisfy accounting standards; it serves as a built-in error detection system that protects the integrity of your financial records.
Record a client payment and the system simultaneously increases your bank balance while recognizing the revenue. Settle a vendor obligation and it reduces your payables while drawing down cash. The ledger stays in equilibrium at all times, giving you confidence that the numbers are correct.
Transactions are rejected unless debits and credits match precisely. Imbalanced entries simply cannot be posted.
A detailed log captures every modification with the responsible user and exact timestamp. Full accountability, no gaps.
Handle adjusting entries, period-end accruals, asset depreciation, and multi-line allocations with ease.
Assets, Liabilities, Equity, Revenue, and Expenses each follow proper debit-credit conventions automatically.
Begin with a professionally structured default chart of accounts tailored to common business needs, or configure your own from the ground up. Expand your account structure as your operations grow, using numbered accounts and hierarchical groupings to maintain order.
Each account maintains its own register displaying every posting that affected it. Apply date filters, search by memo text, and export the results to a spreadsheet. Running balances update in real time, and you can open any line item to inspect the full journal entry.
Some people moved here from years of QuickBooks Desktop and want a firm spreadsheet grid; others prefer something airier. The 🎨 Appearance button on the register toolbar lets each user decide: three starting styles -- Modern, Classic (closest to QuickBooks Desktop, with a dark header and banded rows) and Minimal -- then sliders for gridline strength and row shading, a choice of compact, standard or roomy rows, and four text sizes. Changes appear live as you drag, work in light and dark mode, and are remembered for each user.
Every transaction type also carries a small icon beside its name -- a pen for checks, a bank for deposits, an open book for journal entries, arrows for money in and money out -- so a bookkeeper scanning three hundred lines for the one stray transfer finds it by shape before reading a word.
The journal entry grid uses the same appearance settings and behaves like a spreadsheet: fields sit flush in their cells, Tab moves straight from account to debit to credit to memo and on to the next line, and a fresh blank line appears the moment you start typing in the last one. When the entry is out of balance, stepping into a new line suggests the exact amount that balances it in the correct column -- pick the account and you are done. Allocating a $4,860 payroll across nine departments becomes a run of Tab and type, not a hunt for the Add Line button.
Single-entry record-keeping may seem simpler, but it lacks the safeguards that growing businesses need. GAAP-compliant double-entry accounting surfaces discrepancies immediately, delivers a comprehensive view of your financial position, and generates the financial statements your CPA expects to see. Your books follow the same accounting principles used by every publicly traded company in America -- giving you audit-ready financials from day one, not just at tax time.
Choose your accounting method per company. Switch between cash and accrual reporting anytime -- both are GAAP-recognized methods.
Income Statement, Balance Sheet, and Cash Flow reports follow proper GAAP presentation order with correct classifications and subtotals.
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