A classification used to organize a company’s assets, liabilities, income, and expenses. In Holded, each bank account, payment gateway, or cash account must be associated with a specific accounting account. Accounting accounts are essential for reconciliation and accounting purposes.

Record of an economic transaction in the journal. It can be a simple entry (a single line in both the debit and credit columns) or a compound entry (multiple lines in each column). Entries reflect the movement of money and changes in the value of a company’s assets and liabilities. In Holded, entries are automatically generated when reconciling bank transactions or completing remittances, among other cases.

In Holded, the balance is the amount of money available in a connected bank account. It reflects the total funds at a given moment and is updated with every recorded transaction. The balance may be affected by pending transactions, credit lines, or differences between the bank and accounting records.

In Holded, a bank account is a record of an account in a financial institution, such as a bank, cash, or credit card. It allows for the synchronization of transactions, tracking card payments, recording cash transactions, and managing receipts through payment gateways. Accounts can be activated, deactivated, archived, unarchived, or deleted as necessary.

Process that allows the recording of all payments and receipts listed in the bank statement, ensuring that the data in Holded reflects the actual accounting situation. Holded offers suggestions to speed up the reconciliation by matching collections, payments, sales, and purchases with bank movements based on amounts, dates, or concepts. Reconciliation can be done with existing documents or by creating new ones.

Document showing all movements in a bank account during a given period. In Holded, bank statements are imported for manual accounts and debit cards. The statements can be downloaded for review and analysis of movements. Additionally, bank statement movements can be deleted.

Each of the transactions that appear in the bank statement, whether an income or an expense. Bank transactions are reconciled with invoices, remittances, payments, or existing collections, or with new documents. Movements can be deleted from the bank statement.

A temporary accounting account that is used to track payments and collections for reimbursed expenses without directly affecting the main accounts. In Holded, a bridge account is used when reconciling reimbursed expenses, and it can be an existing account associated with a manual payment gateway.

Holded's cash account is a feature that allows you to record and manage all cash transactions. It shows the available balance, receipts, and payments, helping you maintain centralized control over cash inflows and outflows.

The most convenient way to add or remove balances from the cash account is to create accounting entries. This allows you to clearly see your cash flow, both incoming and outgoing, and shows the information for the associated account.

It indicates the actual movement of money in a company, that is, the difference between incoming and outgoing cash. In Holded, it is used to project future liquidity, considering both financial goals and document forecasts. Cashflow is key for effective financial management and ensuring the long-term sustainability of the business. It is displayed in a table showing income, expenses, and the final balance for the period.

Cash inflows (cash in) are all the income received by your business, such as money generated by the sale of products or services, interest from loans granted to other companies, dividends from investments in other companies, and money received from compensations or legal disputes, among others.

Cash outflows (cash out), on the other hand, are expenses, such as payments for product purchases, salaries, services, taxes, interest on loans received, and other payments related to compensations or legal disputes.

Movement of money into a bank account, usually as a result of a sale or service rendered. In Holded, collections are recorded as positive numbers. Collections can be recorded as advances or as payments for invoices.

A banking product that, in Holded, can display the consumed balance as negative rather than the available balance if a current account is categorized as a credit line. The total balance will show the company’s actual money, not the available money.

The Creditor ID is a code that identifies you to the SEPA system for managing automatic payments and collections with the bank. It consists of the country code, a control digit, a suffix, and the tax ID number (NIF). Example: ES97000M28496658. To upload your remittances to Holded, you need to enter your Creditor ID, as it is necessary for direct debit operations. If you don’t know yours, ask your bank.

Learn how to set it up here.

Document projection in Holded shows you the payments and receipts you will have to make in the future, based on things like invoices, payments, and payrolls. It automatically updates when payments are registered, so you can always anticipate what’s coming. It helps you foresee how money will move in your business (cash flow), allowing you to see if you’ll have enough money to cover your expenses.

Financial goals that a company aims to achieve. In Holded, they are managed in the "Goals" view of the financial plan. They can be related to income or expenses. Goals are used to project cashflow.

In the context of Holded's financial plan, goals projection is a tool that helps you plan your finances. It is created using data from "Goals," where you define your income goals (what you expect to earn) and expense goals (what you expect to spend).

This projection helps you foresee your cashflow, that is, to see if you’ll have enough cash to cover your expenses, helping you make more informed decisions about your business's financial future.

A movement of money out of a bank account, usually as a result of a purchase or expense. In Holded, payments are recorded as negative numbers. Payments can be for invoices, remittances, or expenses.

An account that allows you to charge invoices and transfer income to the bank. Holded allows the integration of payment gateways such as PayPal, Stripe, or Square. Payment gateways are added manually or through synchronization. Additionally, payment gateways can be used to offset invoices.

In the Treasury > Payments and Collections section, you can view all the movements of money in your bank accounts. Here, both collections and payments are registered. Collections will appear as positive numbers (money that comes in), and payments will appear as negative numbers (money that goes out). Additionally, advances are also recorded, and they will be shown as collections or advance payments, similarly reflected as positive or negative numbers, as applicable.

In Holded, a reimbursed expense is a cost that a company incurs on behalf of its client and later charges back without applying margin or taxes. It is recorded in purchase invoices and managed through a bridge account or payment gateway to ensure proper accounting traceability.

A remittance is a document that groups several payments or collections of invoices into a single operation, usually to settle the purchase or sale of products. It can be a payment remittance (when paying suppliers) or a collection remittance (when receiving money from customers).

In Holded, remittances are uploaded to the bank, which handles executing all payments or collections related to customers or suppliers. In the case of collection remittances, a file is generated where all invoices to be domiciled in customer accounts are loaded.

Remittances must be reconciled, which can be done from their state or directly from the Treasury section in Holded.

In the context of Holded's financial plan, a scenario is an environment where goals are set for a specific period. Scenarios are used to analyze different hypothetical situations and are transversal to the "Goals" and "Cashflow" views.

The Single Euro Payments Area (SEPA) is an EU initiative that allows individuals, businesses, and public organizations to make payments in euros from any account within the area. It unifies transfers and direct debits under one system, ensuring they are processed with the same conditions, efficiency, and security as domestic payments. SEPA includes 28 EU countries, as well as Iceland, Liechtenstein, Norway, Switzerland, Monaco, and San Marino, totaling 36 countries that can make payments quickly and easily within this area.