Accounting

Effortless accounting

Masar's accounting system is always on — no activation or setup needed:

• Your first financial transaction creates a construction-ready chart of accounts (cash, clients, suppliers, project revenue, subcontractors...).
• Every transaction (invoice, expense, payment, payroll, transfer...) generates an automatic posted journal entry.
• If an automatic entry ever fails, it never blocks your original financial operation.

Chart of accounts

Hierarchical and customizable from Finance → Chart of Accounts: add sub-accounts, rename them, and set opening balances when you start using the system.

Journal entries

• Automatic: every financial transaction gets an entry with a clear reference number (e.g. INV-JE-2026-0001 for invoice entries).
• Manual: create manual entries for adjustments, with a posting workflow.
• Recurring: monthly entry templates (rent, depreciation...) generated automatically.

Accounting reports

From Finance → Accounting Reports:

• Trial balance
• Income statement
• Balance sheet
• General ledger and account statements
• Cost centers (per project)
• Detailed VAT report

All printable and exportable to Excel.

Accounting periods and closing

• Close finished accounting periods to prevent retroactive edits.
• Run year-end closing to roll retained earnings into the new fiscal year.

Partner accounts

Track capital contributions and owner drawings per partner, with automatic entries and per-partner position reports.