Features

New

Your book of record, built into the dealership

A native double-entry general ledger inside your DMS, so every invoice, receipt and stock movement posts to the books automatically and month-end reconciles itself.

MDMS — General Ledger
GL Overview showing native ledger mode on a GST accrual basis, a Trial Balance Balanced card, an open posting-exceptions count, and a reconciliation table comparing GL control-account balances against subledger balances with a Drift column.

Overview

Most equipment dealers run the whole business in a DMS but keep the books in a separate accounting package. Sales orders, work orders, parts receipts, supplier bills and POS takings all live in one system, then get re-keyed or batch-exported into another, so nobody trusts the numbers until the bookkeeper has caught up days or weeks later. Month-end becomes a reconciliation slog: AR, AP and inventory in the DMS never quite tie to the ledger, and the gap between what the shop floor did and what the accounts say is where errors hide.

MDMS closes that gap with a native double-entry general ledger that is a real book of record inside the DMS. Every operational event — an invoice, a receipt, a supplier bill, a payment, a stock movement, COGS or a POS settlement — automatically posts a balanced journal, idempotently, so it can never double-count. Posting is balanced-or-nothing and posted journals are immutable: you reverse, never edit. Control accounts for AR, AP and inventory reconcile live against their subledgers with any drift shown, so you can see the books are right without waiting for a bookkeeper. A full chart of accounts, accounting periods with close and reopen, and Trial Balance, P&L, Balance Sheet, Cash Flow and a BAS worksheet mean the numbers are trustworthy the moment the transaction happens.

What's included

  • Native double-entry book of record
  • Auto-posted balanced journals
  • Live control-account reconciliation
  • Accrual and cash BAS worksheet

How it works

  1. Trade as normal — raise invoices, receive parts, pay bills and settle at POS, and each event auto-posts a balanced, immutable journal to the ledger.
  2. Watch AR, AP and inventory control accounts reconcile live against their subledgers, with any drift and unmapped events surfaced as exceptions instead of failed posts.
  3. Close the period and export a Trial Balance, P&L, Balance Sheet, Cash Flow and BAS worksheet for your accountant to lodge.

Inside General Ledger

Real screens from MDMS — captured from the live application, not mock-ups.

GL Overview showing native ledger mode on a GST accrual basis, a Trial Balance Balanced card, an open posting-exceptions count, and a reconciliation table comparing GL control-account balances against subledger balances with a Drift column.

See at a glance that the books balance and control accounts tie to their subledgers, with any drift flagged so you never wonder whether the numbers are right.

Chart of Accounts tab listing accounts by code, name and class across the six account classes.

A full chart of accounts organised across six classes gives every dealership transaction a proper home in the ledger.

Journals tab listing posted double-entry journals with date, source, description and status.

Every journal is double-entry and traceable back to the event that created it, and once posted it is immutable — you reverse, never edit.

Financial reports view showing a Trial Balance for the selected entity with a Balanced badge, export buttons for CSV, XLSX and PDF, and sub-tabs for Profit & Loss, Balance Sheet, Cash Flow and Account Ledger.

Run the Trial Balance and drill through to P&L, Balance Sheet, Cash Flow and the account ledger, then export to CSV, XLSX or PDF for your accountant.

Profit & Loss statement for the selected entity and date range.

See profitability for any period straight from the live ledger, without waiting on a separate accounting package to catch up.

Balance Sheet statement for the selected entity.

A Balance Sheet built from the same auto-posted journals means your position is current, not a month behind.

BAS worksheet computing GST fields for the period on an accrual or cash basis.

The BAS worksheet computes your GST fields on an accrual or cash basis, ready for your accountant to lodge — MDMS never lodges on your behalf.

Entities tab listing multiple legal entities that can be consolidated with intercompany elimination.

Run separate legal entities and produce consolidated statements with intercompany transactions eliminated automatically.

On the roadmap

Built into the platform and shipping soon — not yet available today. We only market what is live.

  • One-click automated push of journals to Xero (the mirror queue is live today; the send worker ships at go-live)

Works with

Explore all modules