Accounting
Accounting that is always up to date
Every invoice, payment, bill and expense in MERP posts to a proper double-entry ledger. Your profit and loss, balance sheet and tax reports are current every day, not just at month end.
What you can do with Accounting
Chart of accounts
Start from a template such as US GAAP style accounts and adjust it to your business.
Journals
Automatic entries from operations plus manual journals with attachments and approval.
Bank reconciliation
Import statements and match transactions to payments, bills and transfers.
Taxes
Sales tax, VAT and GST options with tax reports by period.
Reports
Profit and loss, balance sheet, cash flow, trial balance, general ledger and aging.
Fiscal periods
Set your fiscal year and lock closed periods to protect filed numbers.
Works with the rest of your ERP
Accounting questions
Can my accountant get access?
Yes. Invite your accountant as a user with an accounting role so they can review the books and reports directly.
Is MERP a replacement for QuickBooks or Xero?
For many service businesses, yes. MERP includes the books plus the operations that feed them. Check that it covers your filing needs before switching.
Which reporting standards are supported?
Accounts follow standard double-entry principles. Templates are provided for common US setups and can be adapted for other countries.
Set up your ERP today
Create your workspace in minutes. The AI agent helps you with company details, accounts, taxes and your first invoice.