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Meadow Accounting Automation Offered by Bookkeep

Bookkeep enables you to integrate your Meadow account to automate journal entry postings.

The two journal entry postings we automate with Meadow are:

  1. Sales Summary
  2. Cost of Goods Sold

Sales Summary​

The Sales Summary journal entry posts to your accounting platform on a daily basis, capturing the sales from the prior day. It includes gross sales down to net sales, encompassing discounts, refunds, and various payment types.

Meadow Sales Summary Example Entry

Cost of Goods Sold​

The Cost of Goods Sold journal entry captures and posts the cost of goods sold for prior day sales. This represents an increase in Cost of Goods Sold and a reduction of Inventory since items that were sold are removed from inventory and into COGS.

Cost of Goods Sold Example Entry

If you have any questions regarding our Meadow journal entry templates, please contact [email protected].