I will manage accounting web application mvc c

· Chart of Accounts

• Manage different accounts like Assets, Liabilities, Equity, Revenue, and Expenses.
• CRUD operations (Create, Read, Update, Delete) on Accounts.
• Hierarchy for accounts (e.g., sub-accounts).

· General Ledger

• Centralized place where all transactions are recorded.
• Tracks debits and credits for every account.
• Ability to view and filter transactions based on date, account, or other criteria.

· Journal Entries

• Ability to manually create journal entries, specifying debits and credits.
• Automatic generation of journal entries from transactions like sales, expenses, and payments.

· Trial Balance

• Summarizes all the debits and credits for every account in a given period.
• Ensures that the books are balanced (debits = credits).

· Financial Statements

• Generate basic financial statements like the Income Statement, Balance Sheet, and Cash Flow Statement based on the data in the General Ledger.

· Transaction Management

• Record and track different types of transactions (sales, purchases, payments, receipts).
• Automated double-entry bookkeeping (debit and credit entries for every transaction).

· Reports

• Generate various reports such as General Ledger reports, Account summaries, and Tri