Accounting in CoreBridge is very straightforward. The accounting functions not only handle all of your customer and order management but it also handles your Accounts Receivable. This is an important distinction to make as most bookkeepers and accountants are used to handling Accounts Receivable within their accounting system. CoreBridge has the ability to export data to accounting software such as QuickBooks and Xero.



CoreBridge Roles vs. Accounting Application Roles

Your CoreBridge system is designed to handle many aspects of your business. To better understand the roles of your CoreBridge system and your accounting system, we've broken down what CoreBridge does and does not handle from an accounting perspective.

Your CoreBridge system handles:

  • Accounts Receivable
  • Customers & Contacts
  • Invoices, Statements & Payments
  • Customer-related Income, Expense, Liability and Asset Accounts 
  • Customer Communications & Workflow
  • Reporting
  • Daily Closeouts – Please review the following support article: Reconciliations - Completing, Viewing, Reporting
  • Syncing data to your accounting application

Your CoreBridge system does NOT handle:

  • Accounts Payable
  • Bills, Overhead, and Other Expenses
  • Payroll
  • Bank Deposits


Staff Responsibilities

Since CoreBridge is a cloud-based application, you can take advantage of this flexibility by having some of your staff handle roles that may previously have been handled by your bookkeeper or accountant.

Tasks for consideration:

  • Entering payments
  • Posting refunds

We recommend that tasks such as the daily reconciliation in CoreBridge and deposits are handled by your accountant or bookkeeper as those are more complex and sensitive in nature. CoreBridge also has automation tools that help you in sending out invoices, statements, and payment due reminders that can be used to reduce workload.

Next Steps

The following articles will help you in getting more familiar with the accounting functionality in CoreBridge and also how to prepare to sync your CoreBridge data to your accounting application: