Frequently Asked Questions – Accounting – Help Center

This article covers the most frequently asked questions we receive about the Accounting module.

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Questions covered in this article:

Software: is there an automatic check to prevent duplicate entries?
Is there a way to import CSV journal entries into Springly?
Is VAT calculated automatically when entering transactions?
Can VAT returns be filed directly from Springly?
Can tax filing packages be generated directly from Springly?
Is it possible to issue wire transfer orders (Purchases) from Springly?
Is there a period-end data validation process?
Can you duplicate a book entry (e.g. an expenditure or revenue)?

Software: is there an automatic check to prevent duplicate entries?

No, there is no such restriction on data entry.

For example, you may have two identical entries (same amount, same label, same date, etc.) that each correspond to a separate real-world transaction — they will simply have two different transaction IDs in the accounting records.

Is there a way to import CSV journal entries into Springly?

Yes, it is possible to import your journal entries from an Excel file. This is a paid service, however. Your account manager can provide pricing details, or you can send us a sales inquiry here.

Is VAT calculated automatically when entering transactions?

You can enable the VAT feature from your Settings > Accounting > Advanced Settings.

That said, VAT is not calculated automatically during entry. You will need to enter the amount manually in the relevant field.

Can VAT returns be filed directly from Springly?

From Accounting > Book Entry > VAT (which must first be enabled in your Settings, as described above), you can generate the VAT journal entry in the accounting records. The actual return filing must be done directly on the relevant government websites.

Can tax filing packages be generated directly from Springly?

No, tax filing packages cannot be generated from the platform.

Is it possible to issue wire transfer orders (Purchases) from Springly?

Springly manages journal entries to produce accounting records. For external wire transfers to your vendors, you will need to initiate those directly through your bank.

Is there a period-end data validation process?

At the end of the accounting period, when you run your Closing, Springly generates your accounting documents. If you'd like to have them reviewed by a CPA, we can connect you with one of our partners — feel free to contact us.

Can you duplicate a book entry (e.g. an expenditure or revenue)?

No, this is not possible.

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