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Accounting

Track & manage the profitability and health of your business.

Accounting Reports on LOU

LOU Accounting

Reduce errors by having  sales, inventory, service, and financials together in one system.

Gain control and real-time visibility into cash flow and expenses with accurate accounts receivable, accounts payable,  inventory tacking, and customer billing. Know your year-end accounting is correct and compliant without jumping to multiple spreadsheets or third-party apps.

 

Fully integrated LOU Accounting available through the Enterprise plan. Supports both FIFO and Average Costing inventory methods.

 

Optional QuickBooks Online integration available for LOU Pro or Enterprise. Integrates with any version of QuickBooks Online.

Accounts Receivable

Stay on top of what you’re owed and keep cash flowing without the hassle of third-party tools.

Mass Invoice Save hours of manual entry by generating and sending invoices in bulk.
Payments via Customer Portal Make it easy for customers to pay by accepting secure online payments through the LOU Customer Portal, reducing delays and improving the customer experience.
Accounts Receivable Aging Reports Take action before cash flow becomes an issue. Always have a clear view of outstanding balances, overdue invoices, and customer payment trends.

Inventory Accounting Management

Have full visibility and control over your inventory costs, so you always know where your money is going. 

Purchase Orders Ensure accurate inventory receiving, cost tracking, and vendor accountability by creating and managing Purchase Orders directly in LOU.
Track Inventory Track every SKU you transfer, order, and receive so your books reflect what’s actually on the shelf.
Inventory Valuation Report Easily view the value of on-hand inventory, giving you the insights for smarter purchasing.

Inventory Accounting Management

Have full visibility and control over your inventory costs, so you always know where your money is going. 

Purchase Orders Ensure accurate inventory receiving, cost tracking, and vendor accountability by creating and managing Purchase Orders directly in LOU.
Track Inventory Track every SKU you transfer, order, and receive so your books reflect what’s actually on the shelf.
Inventory Valuation Report Easily view the value of on-hand inventory, giving you the insights for smarter purchasing.

Accounts Payable

Take the stress out of managing what you owe by staying organized, on time, and in control.

Bills & Vendor Payments Track bills and payments with full visibility into dues dates and outstanding balances.
Print Checks Simplify your payment process without needing a separate system by printing checks directly from LOU.
Bank Reconciliations Match transactions, catch errors, and keep your books accurate and up to date, without the manual work.

Financials

Have the financial clarity you need to make confident business decisions.

Advanced General Ledger Trust that your financial data is always accurate, up to date, and easy to review.
Journal Entries Create and manage Journal Entries for adjustments, accruals, and corrections with full author transparency.
Balance Sheet Use this snapshot report to assess stability, support loan applications, and plan for the future.
Income Statement & Other Financial Reports Track revenue, identify trends, control costs, and make informed decisions.

Financials

Have the financial clarity you need to make confident business decisions.

Advanced General Ledger Trust that your financial data is always accurate, up to date, and easy to review.
Journal Entries Create and manage Journal Entries for adjustments, accruals, and corrections with full author transparency.
Balance Sheet Use this snapshot report to assess stability, support loan applications, and plan for the future.
Income Statement & Other Financial Reports Track revenue, identify trends, control costs, and make informed decisions.

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