Simplified accounting (SMT) or full accounting

Only one accounting system is active in a company, and the plan decides which: SMT for small businesses, full double-entry accounting otherwise, following the country's standard (SYSCOHADA in the OHADA area, for example).

MAYA has two accounting systems, and only one is active at a time in a company.

SMT (minimal treasury system) suits small businesses that do not need double entry: it is kept under Treasury then SMT.

Full accounting keeps a double-entry chart of accounts following the country's standard: general ledger, trial balance, financial statements, matching, bank reconciliation. It is required to produce standardised financial statements.

Your plan decides which one you have, from the moment the company is created. It is not changed from the settings: a change goes through the plan (see the article about your plan).

The active system is shown in Administration, Purchasing and finance section, then Accounting.

PlansIncluded in plans: Business, Groupe, Entreprise.