Corona Accounting Features
Version 4.9 Update
The 4.9 release brings Corona’s continuous development by the same author for about 25 years to Linux and Windows platforms. The same code compiles for each OS. Data is stored in an open-source SQLite file on disk or drive, providing fast posting and reporting of transaction data.
Journal Lists
Corona lists deposits and checks in a single-entry check register. Other useful journals, for recognizing invoices, purchases and other transactions, are listed in the left sidebar. These journals provide the forms for entering sales or purchases that handle where the debits and credits go when posted to their respective journals.
Check Register
Bank entries, checks and deposits, are created and edited in a note pad sized panel. Each entry has a check box for marking entries as they are recieved or paid at the bank. Names in the entries are used to assist auto-complete check and bill entries. Check printing uses three-part voucher checks for bank or payroll remittances.
General Entry
The only journal whose entry is truly double entry: general form. These entries are not recognized in the other journals as invoices, purchases and checks. The general journal is made for recognizing trial balance and monthly mortgage or payroll entries. Special journal names may be created for recognizing credit card transactions into their own journal.
Invoice Entry
Provides a basic invoice form for recognizing credit or cash sales. Invoice entry provides accounting for sales discount, taxable and non-taxable sales, and multiple sales taxes. A price list is available to simplify entry of sales items. Invoices may be printed to include company logo with name and address header.
Payroll Entry
Full-featured payroll keeps employee data and payroll transaction data. Corona provides reports for tax deposits and quarterlies. Deductions for federal income tax withholdings and social security taxes are calculated from importable tax tables. Deductions for state income tax and other withholdings are entered manually.
