iQ Freight

Every money movement recorded in double entry, automatically.

Invoices, receipts, payments and expenses create their own journal entries, so your financial statements are ready at any moment, in any currency.

FIN-501 Accounting & reports
01System
Double entry
02Currencies
Multiple, with rates
03Statements
Balance sheet · P&L · Cash flow
04Export
Excel
In service

The accounting core

  1. Automatic entries

    Every invoice, receipt, payment and expense posts the right journal entry on its own.

  2. Chart of accounts and manual entries

    An editable chart of accounts, plus manual journal entries when you need them.

  3. Fiscal years and opening balances

    Open and close fiscal years, and enter opening balances when you start.

  4. Currencies and exchange rates

    A main currency and others, each with its own exchange rate and rounding rules.

Cash, expenses and assets

  1. Cash accounts

    Cash boxes and accounts in different currencies, with transfers between them and a log of every movement.

  2. Expenses

    Categorised expenses that can be linked to a shipment, a customs declaration or a customer.

  3. Fixed assets

    An asset register with categories, and periodic depreciation runs.

Reports

  1. Financial statements

    Trial balance, income statement, balance sheet, cash flow statement and general ledger.

  2. Receivables and payables

    AR and AP aging, customer and supplier balances, and customer debt.

  3. Profitability

    Company P&L, profit per master freight and per shipment, and revenue by customer, service type and lane.

  4. More reports

    Expenses by category, tax report, bank transactions and commissions, all exportable to Excel.

See the system on your own company’s data.

A live walkthrough with our team, or a free 3-day trial with no credit card. Setup and training are free on every plan.