Tag
9 articles
What OHADA accounting covers: the Uniform Act on accounting law, revised SYSCOHADA, the nine-class chart of accounts, the two accounting systems, mandatory books, financial statements, record retention and the DSF. With the most common mistakes and how to keep OHADA books up to date without re-keying.
Changing accounting software in the OHADA zone is rightly feared: a wrong migration makes every statement wrong. The decisions to make (which file, how many years, when to switch), the checks that prove the migration is right, and how we orchestrate it at SynkriaOps.
You do not need a big project to digitalise an SME in the OHADA zone. The verification QR code printed on an invoice protects against fake invoices and reassures customers. What it proves, what it does not, and the other small steps that follow.
An unpaid invoice does not settle itself. How to prepare payment from the moment you invoice, chase at the right pace and in the right tone, move on to a formal notice then the OHADA order for payment, and handle a doubtful receivable under SYSCOHADA.
A factual comparison for an OHADA SME: Sage, Odoo, Excel and SynkriaOps. Strengths and limits of each on the criteria that matter in OHADA: native SYSCOHADA, Mobile Money, FEC, tax package, CFA francs, firm mode, mobile.
The Fichier des Écritures Comptables (FEC) in an OHADA context: what it is, what it's for during a tax audit, the expected fields, when to generate it, and how SynkriaOps exports it automatically per fiscal year in the statutory format.
What the revised SYSCOHADA tax package contains: balance sheet, income statement, cash flow statement (TFT), statement of changes in equity, and the 35 notes of the normal system. Why it is the longest part of a closing, and how to generate it from your entries.
Five frequent errors when closing a SYSCOHADA fiscal year: sloppy cut-off, result allocated without a decision, incomplete opening entries, unmatched third-party accounts, forgotten FEC. How to detect and fix each one.
Orange Money, MTN MoMo, Wave, Moov: where a mobile money wallet belongs in the revised SYSCOHADA chart of accounts, which entries to post for a receipt, a payment, fees or a transfer to the bank, and how to check the balance every month.