prep-journal-entry

Drafting a balanced double-entry journal entry for period-end accruals requires branching by booking type to generate debits and credits. The system enforces balance within 1 cent, validates GL codes against the chart of accounts, and outputs a draft entry that is never posted.

Yes, automating reversing accruals is supported using a reversing mode. This mode auto-reverses eligible accruals and properly links the reversal entries back to the original journal entries to maintain accurate bookkeeping state.

Payroll allocation uses connected payroll sources via Composio when available and optionally cross-checks with QuickBooks Online or Xero. It drafts balanced journal entries for payroll expenses while validating account codes against the locked chart of accounts.

Besides standard accruals and adjustments, you can generate journal entries for prepaid amortization, payroll allocations, revenue recognition, depreciation, stock-comp expense recognition, and manual reclassifications. All entries are written as drafts to a markdown file.

No, the journal entry generation process never posts directly to your accounting system. It strictly outputs a draft entry with a draft status, updating related bookkeeping state locally to ensure safe manual review before any posting.

If debits and credits are off by more than one cent, the built-in accounting safeguards will flag the imbalance. The system enforces strict debit and credit balance validation within 1 cent to prevent generating inaccurate draft journal entries.