Israeli Bookkeeping Automation

Instructions

Step 1: Identify the Transaction Type

Determine which type of bookkeeping entry is needed:

• Payroll (mashkoret): Salary payments with all Israeli statutory deductions
• VAT (maam): Input VAT, output VAT, or VAT clearing entries
• Asset purchase (rechishat rechush kavua): Fixed asset acquisition and depreciation
• Revenue (hachnasot): Revenue recognition for services or goods
• Loan (halvaa): Loan receipt, repayment, and interest entries
• Expenses (hotsa'ot): General business expense entries

Step 2: Determine the Business Type

Check whether the business is: