How to Use the Ledger in LoomMate?
A ledger is crucial for tracking all financial transactions in your textile business. LoomMate’s Ledger feature helps you monitor income, expenses, invoices, and payments — all in one place for accurate accounting.
Video Walkthrough
(Watch the video below for a complete step-by-step tutorial. Prefer reading? Continue with the guide.)
Step-by-Step Guide to Using the Ledger
Step 1: Open the Ledger Section
- From the Dashboard, go to Finance → Ledger.
- You’ll see a list of all transactions sorted by date.
Step 2: View Transaction Details
- Click on any transaction to see:
- Date
- Type (Income / Expense)
- Linked Invoice or Order
- Amount
- Payment Status
Step 3: Add a New Transaction
- Click + Add Transaction if you want to record:
- Income (e.g., received payment from client)
- Expense (e.g., raw material purchase, utility bills)
- Fill in the required details and click Save.
Step 4: Filter and Search Transactions
- Use filters like:
- Date range
- Transaction type (Income / Expense)
- Client or Supplier
- Use the search bar to quickly find a specific entry.
Step 5: Generate Ledger Reports
- Click Generate Report to export your ledger in Excel / PDF for accounting or audits.
Troubleshooting Tips
- Transaction missing? Ensure it’s linked to the correct invoice or expense record.
- Incorrect amount? Edit the transaction before finalizing the ledger.
- Report not generating? Check filters and date range; ensure there is data for the selected period.
Next Steps
Now that you know how to use the Ledger in LoomMate, you can:
- Track all financial transactions in one place
- Reconcile income and expenses easily
- Move on to the next tutorial: How to Record Extra Income in LoomMate
