FAQ

How does the year end closing entry work?
Description This article explains how the closing of the Accounting Period books the Retained Earning entry, and how to map the Current Period Net Income t...
Thu, 4 Mar, 2021 at 12:33 PM
How do I record transactions with both fiat and crypto?
Description When financial or crypto assets are introduced into your operation, it can make the recording of the asset, fees, dividends, and gain/loss more...
Thu, 29 Apr, 2021 at 7:18 PM
How do I use custom coins in SoftLedger?
Description SoftLedger makes use of Coins in the Crypto module to be able to identify the asset to create transactions against. While any exchange traded a...
Mon, 10 May, 2021 at 4:48 PM
How do I account for customer crypto holdings?
Description For crypto asset exchanges and other companies holding crypto on behalf of customers, developing a scalable process for recording the approp...
Thu, 13 May, 2021 at 6:37 PM
Known Limitations
Description SoftLedger is constantly working to put out a modern and flexible product that can work for any business needs and challenges. With that, somet...
Thu, 27 May, 2021 at 2:21 PM
How do I transfer Journal Entries from one SoftLedger Location to another?
Description To completely remove activity from one SoftLedger Location and add that activity into a new SoftLedger Location, follow the below steps. F...
Thu, 10 Jun, 2021 at 6:32 PM
How do I pay Bills with Crypto?
Description To create a payable as a Bill where the expectation is to remit payment in a crypto asset, SoftLedger customers create the Bill in the AP modul...
Thu, 9 Jun, 2022 at 8:08 PM
How do I record crypto derivative trades?
Description SoftLedger’s flexibility allows for transactions to be tracked and accounted for in a variety of ways within the platform.  This article wil...
Thu, 1 Jul, 2021 at 11:27 AM
API Key is not present in table issue
First time SoftLedger API users may see this error if a request to create an object in SoftLedger which references an alternate object is sent to the a...
Thu, 27 Oct, 2022 at 12:13 PM
How do I add a new User?
Step 1: Click +New to add new user Navigate to Admin>Users and click the +New button to add new Users to your SoftLedger system and complete the below r...
Tue, 14 Feb, 2023 at 11:38 AM