# Integrated accounting

> Keep client accounts, the chart of accounts, supplier invoices and balances inside Selloff, per branch and currency, without re-entering sales in another system.

- URL: https://www.selloff.auction/features/integrated-accounting
- Language: English
- Domain: Accounting
- Last updated: 2026-10-07
- Français: https://www.selloff.auction/fr/fonctionnalites/comptabilite-integree.md

## At a glance

- An account for every client per branch and currency
- Chart of accounts with default accounts per branch, currency and account type
- Supplier invoices and credit notes alongside buyer and consignor documents
- Global balance, account statistics and categorised invoices
- Several currencies, with exchange rates updated in one click

## Accounting that follows the sale

Every invoice line and every payment in Selloff is linked to an account of your chart of accounts. Selloff provides the account types an auction house needs: buyer and consignor lot transactions, buyer's premium, seller's commission, insurance, lot fees, shipping, VAT and foreign VAT, reminder fees, interest, payment fees, bank and cash. Where an account type is used automatically, a default account is required for each branch and currency, so no line is ever left without an account. Account numbers can differ from the numbers used in your accounting export.

## Client accounts

Each contact has an account per branch and per activated currency. The account shows all invoices and payments with the balance; from there you record a payment, transfer an amount to another account, calculate interest or send an account statement. Supplier invoices and supplier credit notes are recorded in the same place as buyer invoices and consignor statements.

## Branches and currencies

Each branch keeps its own accounting, with its address, VAT number, logo and invoice footer. A currency is enabled for a branch once its default accounts exist, and Selloff can create the missing accounts for you. Exchange rates against your default currency are updated in one click from an online rate service.

## Financial overviews

- **Global balance**: debits, credits and balance by contact, for a period, currency and branch
- **Account statistics**: customer and supplier balances at a given date
- **Categorised invoices**: invoices broken down by accounting account, with totals
- **All VATs**, **unpaid lots** and the **aging report**

All overviews export to Excel. When your books are kept elsewhere, the [accounting export](https://www.selloff.auction/features/accounting-export.md) sends the entries to your accounting software.

## Related features

- [Accounting export](https://www.selloff.auction/features/accounting-export.md): Export buyer, consignor, payment and supplier entries by period, branch and currency to Sage Accpac, OM Finance, Quadra or CSV, without re-keying.
- [Payment tracking & reminders](https://www.selloff.auction/features/payment-tracking.md): Record and apply payments, see what each client owes, send reminders at three levels with fees, and follow receivables in the aging report.
- [VAT & international tax](https://www.selloff.auction/features/vat-international-tax.md): Apply the right VAT to every invoice line by branch and client country, with dated rates, foreign VAT and a VAT report for your return.
- [Automatic invoicing](https://www.selloff.auction/features/automatic-invoicing.md): Create buyer invoices and consignor statements from recorded sales in a few clicks, with premium, insurance, fees, shipping and VAT calculated automatically.

## Frequently asked questions

### Do I still need separate accounting software?

Selloff covers the accounting of your auction activity: client accounts, invoices, payments, VAT and balances per branch and currency. If your general ledger is kept in dedicated accounting software, the [accounting export](https://www.selloff.auction/features/accounting-export.md) sends Selloff's entries to it.

### Can Selloff handle several branches and currencies?

Yes. Each branch has its own accounting, and each contact has an account per branch and per activated currency. Exchange rates against the default currency can be updated in one click.

### Can I record supplier invoices?

Yes. Supplier invoices and supplier credit notes are recorded in Selloff on the suppliers' accounts, and the payments can be sent to your bank as [e-banking transfers](https://www.selloff.auction/features/e-banking-transfers.md).