GST codes on every line
Taxable, GST-free and input-taxed items are coded when the invoice or bill is entered, so mixed invoices stay correct.
Small business
Sales, suppliers, bank and BAS, in one set of books
A small business has customers to bill, suppliers to pay, a bank account to reconcile and a BAS every period, usually with more than one person touching the books. Kumry keeps all of it in one ledger, with a record of who did what.
In one place
- Invoices, quotes, credit notes and customer payments
- Supplier bills, approvals and payment records
- Bank statement import and reconciliation
- Roles for owners, admins, editors and viewers
- GST and BAS figures traced to their transactions
What the work involves
The jobs a small business does every week
Each one lands in the same double-entry ledger, so your reports and your BAS come from the same place as the day-to-day work.
Invoice customers and chase what is owed
Raise invoices and credit notes with a GST code on every line, set recurring invoices for regular customers, and use aged receivables to see what is overdue and by how long.In Kumry: Invoices · Aged receivables
Pay suppliers deliberately
Enter supplier bills with the invoice attached, approve them, and record payments. Recurring bills cover rent and subscriptions. Aged payables shows what is due.In Kumry: Bills · Aged payables
Reconcile the bank
Import statements as CSV, OFX or QIF and match each line to an invoice, bill or new transaction. The bank reconciliation report compares the statement with the ledger.In Kumry: Banking · Bank reconciliation report
Share the work safely
Invite staff as owners, admins, editors or viewers, and require multi-factor authentication for everyone in the organisation. Your accountant gets their own access, granted and withdrawn by you.In Kumry: Settings · Team · Security
Know who approved what
Each posting records who approved it and when, and the audit history shows who did what. Each posted entry is linked to the one before it, so a later change would show up.In Kumry: Ledger · Audit history
Read the business
Profit and loss, balance sheet, cash flow, trial balance, tracking summaries and budget against actual, for any period you choose.In Kumry: Reports · Budgets
How it works
A walkthrough
An illustration of how Kumry handles this kind of business from start to finish. It describes the product, not a named customer, and it promises no particular result.
How it works · an illustrative walkthrough, not a customer story
A cafe with a few staff and a long supplier list
Daily takings, weekly deliveries from a dozen suppliers, an owner and a part-time bookkeeper sharing the books.
- 1
Bring the books across
If the cafe is on Xero, import the chart of accounts, contacts and history, reconciled to the cent against the source trial balance. From QuickBooks Online, bring the chart of accounts, contacts and transaction history.
- 2
Split the work
The bookkeeper is invited as an editor and enters supplier bills; the owner approves them.
- 3
Reconcile takings
Bank statements are imported and takings and supplier payments matched against them.
- 4
Watch costs
A budget for the year is compared with actual spending each month in the budget-against-actual report.
- 5
Prepare the BAS
The period’s GST summary is reviewed label by label, with each amount traceable to its transactions.
Two people work in the same books, and the trail shows who entered and who approved each posting.
GST and BAS
GST and BAS for a business with suppliers
Getting the BAS right mostly means getting each invoice and bill line right. Kumry makes that the moment of decision.
Capital and non-capital purchases
The GST summary separates capital purchases (G10) from non-capital purchases (G11), alongside total sales (G1) and GST on sales and purchases (1A and 1B).
Traceable figures
Each BAS amount opens to the transactions behind it, so a question from your accountant starts from the evidence.
Your agent lodges
Kumry prepares the BAS figures. You lodge through ATO online services, or your registered agent lodges for you. Kumry does not lodge with the ATO.
Kumry prepares GST and BAS figures from your transactions. You, or your registered tax or BAS agent, review and lodge them with the ATO. This is general information, not tax advice.
Questions people ask
Can staff use Kumry without seeing everything?
Yes. Owners, admins, editors and viewers see and do different things. Give the bookkeeper editor access and keep approvals with the owner.
Does Kumry include payroll?
Not today. Payroll is not included in any Kumry plan: pay runs can’t be finalised, paid or reported through Single Touch Payroll in Kumry. Keep using your current payroll provider and record the wage journals in Kumry.
Can I bring my history from Xero or QuickBooks Online?
Yes. From Xero, Kumry imports your chart of accounts, contacts and full history, reconciles the result against the source trial balance to the cent, and issues a signed migration certificate. From QuickBooks Online, Kumry brings your chart of accounts, contacts and transaction history: accounts, contacts, products, invoices, bills, payments, bank transactions and journals.
Can I connect my bank?
Not directly. Import bank statements as CSV, OFX or QIF files and reconcile them in Kumry.
Can my accountant work in my file?
Yes. Invite them directly, or connect to their practice with an advisor code. Their access is delegated by you and can be withdrawn by you.
One set of books for the whole business
Request access, or book a walkthrough with your own books.
Kumry accounts are set up on request: Get started takes you to a short request form.