Platform
The ledger everything else answers to
VaretIQ keeps one set of books. Every invoice, bill, payroll run and bank transaction posts into the same double-entry ledger, so what you see on a report is what actually happened.
- Double-entry general ledger
- Accrual or cash basis
- Every change is logged
General Ledger/ Operating · Nov 2026Period debits and credits agree. 3 entries await review before posting.
- Ledger of record
- 1
- Reporting bases
- 2
- Entries attributable
- 100%
- Silent auto-postings
- 0
Modules post here, never beside it.
Accrual and cash, switchable per report.
Who, when, and what changed.
Suggestions wait for a person.
Chart of accounts
A structure you can read out loud
Start from a chart built for your kind of business, then rename anything into words your team already uses. VaretIQ keeps the accounting classification underneath so reports stay correct even when your labels are casual.
In practice
- Plain-language names sit beside formal account types
- Locations, classes, and projects tag entries without new accounts
- Archiving preserves history instead of deleting it
- Account changes are versioned and reversible
Banking & reconciliation
Reconciliation that shows its work
Match transactions against the ledger with the difference always visible. When a statement will not tie out, VaretIQ narrows the search to the entries that could explain the gap rather than asking you to scan the whole month.
In practice
- Running unreconciled difference, never hidden
- Suggested matches ranked with the reason for the match
- Partial and split matches supported
- Locked periods stay locked after close
Journal entries
Adjustments with a paper trail
Recurring accruals, amortizations, and reclasses are templated, scheduled, and reviewable. Anyone reading the books later can see the reason for an entry without asking the person who made it.
In practice
- Required memo and supporting document on manual entries
- Reversing entries created as a linked pair
- Approval routing for entries above a threshold you set
- Full audit log export
How it works
How a transaction becomes a number on a report
It arrives
CaptureA transaction from a bank enrollment, an invoice you sent, a bill someone emailed, or a payroll entry.
VaretIQ proposes
SuggestThe likely account, class, and match, with the reasoning shown next to the suggestion.
A person decides
ReviewYou accept, correct, or ask a question. Nothing posts to the ledger without that decision.
It posts
PostBalanced debits and credits, stamped with who approved it and when.
It reports
ReportThe entry flows into statements, dashboards, and the close checklist immediately.
Questions
Straight answers
Profession-adaptive
Accounting that speaks your business.
VaretIQ adapts the dashboard, KPIs, terminology, shortcuts, alerts, reports, and primary workflows to your profession — while the underlying double-entry accounting system stays consistent and auditable for every business.
Current profession experiences
- Accounting & Tax Firms
- Cleaning & Janitorial
- Construction & Trades
- Engineering & Technical Services
- General Business
- Insurance
- Investor & Holding Companies
- Medical & Dental
- Nonprofits
- Oil, Gas & Energy
- Professional Services
- Property Management & Real Estate
- Publishing & Media
- Restaurants & Hospitality
- Retail & E-commerce
- Salons & Beauty
- Service Businesses
- Transportation & Trucking
Aliases map naturally — Construction & Trades uses the construction contractor experience, Real Estate uses Property Management, and a generic service company uses the Service Business experience. You never pick from a confusing list of near-duplicates.
Transportation & Trucking
Workspace emphasizes
- Fleet and haul wording where your workspace supplies it
- An operational metric board layout
- Revenue, fuel and operating-cost emphasis
Nonprofits
Workspace emphasizes
- Mission-aware wording
- Incoming support and operating-cost emphasis
- Ordinary accounting tasks, not a fund-accounting engine
Property Management & Real Estate
Workspace emphasizes
- Property-oriented wording
- Incoming payments and payables emphasis
- No rent roll, lease system or per-property statements
Medical & Dental
Workspace emphasizes
- Practice wording and a clean, uncluttered layout
- Revenue and expense emphasis
- No clinical records and no claims processing
Accounting & Tax Firms
Workspace emphasizes
- One unified firm workspace that never changes shape per client
- Dense review, close and attributed-work emphasis
- Tax return preparation stays in separate tax software
For accountants & bookkeepers
Your firm gets one unified professional home workspace — it never transforms into a restaurant or trucking dashboard when you switch clients. When you open a client, that client’s profession-specific terminology and workflows appear inside their workspace, while your review, close, reclassification, and deadline tools stay overlaid.
One engine, one plan
Your profession shapes the experience. Your VaretIQ plan determines the capabilities included. Profession experiences are never priced separately and never add surcharges — every plan runs on the same auditable double-entry engine.
See VaretIQ Accounting plansScreens on this page are interface previews. No live financial data is shown, and availability of individual capabilities varies by plan.
See the ledger with real-looking books
Walk through the accounting workspace interface before you talk to anyone.