Double-Entry Accounting for Philippine HOAs

Initialize a chart of accounts with 50+ Philippine HOA standard accounts, auto-generate journal entries from invoices and payments, and produce Balance Sheet, P&L, and Cashflow reports — all built in.

How It Works

7 Steps to Complete HOA Accounting

From chart of accounts setup to financial reports in minutes. No accounting degree required.

1

Initialize Chart of Accounts

One-click setup with 50+ default accounts aligned to Philippine HOA standards.

2

Link Expense Categories

Connect your expense categories to the appropriate Expense accounts in the chart.

3

Link Product Categories

Connect your product categories to the appropriate Revenue accounts in the chart.

4

Auto Journal Entries

Invoices, payments, and expenses automatically create proper debit/credit entries.

5

View Trial Balance

Verify that total debits equal total credits across all your accounts.

6

Financial Reports

Generate Balance Sheet, Profit & Loss, and Cashflow Statement with one click.

7

Bank Reconciliation

Match your bank statements to internal records and keep your books accurate.

Features

Everything You Need for HOA Accounting

Purpose-built double-entry accounting for Philippine homeowners associations.

One-Click Initialization

50+ Philippine HOA standard accounts created instantly. Asset, Liability, Equity, Revenue, Expense types with proper hierarchy.

Auto Journal Entries

Journal entries auto-created from invoices, payments, and expenses. No manual bookkeeping needed for day-to-day operations.

Trial Balance

Verify your books are balanced. View all account balances grouped by type with debit/credit totals.

General Ledger

Detailed transaction history per account with running balance. Filter by date range, print or export.

Balance Sheet

Assets = Liabilities + Equity snapshot. Auto-generated from your chart of accounts data.

Profit & Loss Statement

Revenue minus Expenses = Net Income. View monthly or yearly breakdowns of your HOA's financial performance.

Cashflow Statement

Operating, investing, and financing activities. Track cash inflows and outflows for complete cash visibility.

Category Linking

Link expense and product categories to CoA accounts for automatic transaction posting. Set it once, never worry again.

Hierarchical Accounts

Create sub-accounts under parent accounts for detailed tracking. Activate or deactivate accounts as needed.

Get Started in One Click

Initialize your chart of accounts with a single click. The system creates 50+ accounts aligned with Philippine HOA accounting standards and automatically links your existing bank accounts.

  • 50+ default accounts created instantly
  • Five account types (Asset/Liability/Equity/Revenue/Expense)
  • Existing bank accounts auto-linked
  • Historical transaction migration option
Assets
Liabilities
Revenue
Expenses

Bookkeeping on Autopilot

Every invoice, payment, and expense automatically generates the correct journal entries. No manual debits and credits needed for routine operations.

  • Invoice creates Revenue journal entry
  • Payment creates Cash receipt entry
  • Expense creates Expense posting entry
  • Category linking drives account selection
Invoice
Payment
Expense
Journal Entry

Reports at Your Fingertips

Generate Balance Sheet, Profit & Loss, and Cashflow Statement with one click. All reports are auto-calculated from your journal entries.

  • Balance Sheet (as-of-date)
  • Profit & Loss (monthly/yearly)
  • Cashflow Statement (by activity)
  • Trial Balance (debit/credit verification)
Balance Sheet
P&L
Cashflow
Trial Balance
FAQ

Frequently Asked Questions

Common questions about HOA accounting with HOAS.

No. The system handles double-entry automatically. Just initialize, link categories, and your daily operations auto-post entries.
Creates 50+ default accounts covering Asset, Liability, Equity, Revenue, and Expense types. You can start fresh or generate historical entries from existing data.
When you create invoices, record payments, or log expenses with linked categories, the system auto-creates proper debit/credit entries.
Balance Sheet, Profit & Loss, Cashflow Statement, Trial Balance, and General Ledger.
Yes. Add custom accounts, create sub-accounts, rename, or deactivate. The default structure covers most Philippine HOA needs.
Yes. The accounting system is included with your HOAS subscription. No additional charges for any accounting feature.

Set Up Your HOA's Accounting System Today

Stop using spreadsheets for bookkeeping. Sign up free and initialize your chart of accounts in one click.

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