What Dotio bookkeeping covers
Dotio has a full double-entry bookkeeping system. Every financial event creates balanced journal entries. Your books are always reconciled to the penny.
- Chart of accounts — the structure of your books.
- Journal entries — the ledger itself.
- Client invoices — what you send out.
- Vendor invoices — what comes in.
- Payments — money in, money out.
- Tax codes — VAT, sales tax, withholding.
- Fiscal periods — months, quarters, years.
- Multi-currency — foreign currency transactions with automatic FX handling.
- E-invoicing — EN 16931 compliance for European e-invoicing.
How it’s different from planning
- Bookkeeping — what actually happened.
- Planning — what you expect to happen.
They’re connected but separate. Comparing expected to actual is where analysis happens.
Most users start with planning (fast to set up, useful for decisions) and add bookkeeping when they need formal books.
Starting fresh or importing
- Start fresh — Dotio sets up a standard chart of accounts based on your country and industry.
- Import — bring your books over from QuickBooks, Xero, or a CSV export.
Either way, you’re running on real double-entry books in minutes.
Who does the work
Dotio handles most of the day-to-day. You ask in chat and the work gets done. You can also do things manually in the UI if you prefer clicking to chatting. Both paths are supported.