Account ledger
The chronological, effective history of debits, credits, openings, commissions, adjustments and settlements for a party — the source of running balance.
Workflow
How KHATAIQ works
A concise path from organization setup to settled, auditable books.
01
Create workspace
Register an organization, set base currency and timezone, optionally invite a teammate.
02
Open accounts
Create parties manually or import a CSV of accounts with opening balances.
03
Record activity
Post ledger entries or event accounting records with explicit confirmation.
04
Review position
Use statements, operations desk and reports to understand exposure.
05
Settle
Preview before and after, then post partial or full settlement.
06
Audit
Retain history, reverse when needed, export when required.
Account ledger vs settlement
Settlement
A controlled posting that reduces outstanding exposure for an account, with before/after preview, reference, and printable receipt.
How transaction reversals preserve history
When a correction is required, KHATAIQ posts a compensating void/reversal pair instead of rewriting the original row. Operators can still see what was posted, who reversed it, and why.