Double-Entry Ledger Architecture
No API Syncs, Just Native Accounting
Unlike other platforms that try to sync sales data to external software like QuickBooks (which often fails), Oishia has a native double-entry ledger built directly into the core database. Operational actions generate financial data instantly.
Tutorial: How COGS is Calculated
You do not need to manually calculate Cost of Goods Sold. Oishia uses Moving Average Costing.
- When you receive a Purchase Order of 10 items at $5 each, your Inventory Asset account is debited $50. The Moving Average Cost is $5.00.
- Later, you receive another PO of 10 items at $7 each. Your new Inventory Asset value is $120 for 20 items. Oishia automatically updates the Moving Average Cost to $6.00.
- When a cashier sells 1 unit at the POS for $20, Oishia instantly posts two journal entries:
- Revenue Entry: Debit Cash $20, Credit Sales Revenue $20.
- COGS Entry: Debit COGS Expense $6, Credit Inventory Asset $6.
- Your Profit & Loss statement is instantly accurate to the millisecond.