Accounts

Double Entry Bookkeeping

One of the advantages of integrating accounts with all of the other modules is avoiding a double entry of data into the accounting documents.
Automatically creates all the behind-the-scenes journal entries for each of your accounting transactions like customer invoices, a point of sale order, expenses, inventory moves, etc.

One of the advantages of integrating accounts with all of the other modules is avoiding a double entry of data into the accounting documents.
Automatically creates all the behind-the-scenes journal entries for each of your accounting transactions like customer invoices, a point of sale order, expenses, inventory moves, etc.

Set the tax parameters for partners to get details of the tax calculated, tax rate, total taxes, and total price.
Validate based on approvals.
Register your payments.

Create sharp and professional invoices, manage recurring billings and track payments effortlessly.
Your accounting information can be kept up-to-date as orders are placed and received and their taxes are calculated.
Create invoices manually, both for customers and suppliers.

Manage several companies within the same database.
Manage multiple chart of accounts.
Manage operations for different companies with different company warehouses, customers, suppliers, products.
Set different rules for different companies.
Get consolidated reports.

User can configure multiple currencies for the transaction, set its exchange rate and assign different currencies for individual partners and book of accounts.
Multi-currencies allow you to send sales invoices, quotes and purchase orders or receive bills and payments in currencies other than your own.
With multi-currencies, you can also set up bank accounts in other currencies and run reports on your foreign currency activities.

Simple workflow of invoicing, with an efficient encoding of the payment process of your customers, makes it more adaptable to send professional invoices and receive payments online.
An invoice can be generated automatically from various documents, such as a sales order and a purchase order, or at the time of confirming a shipment.

Send reminders to your debtors in just a few clicks. Set-up and automate follow-ups to get paid more quickly.

Payment provided on several due dates.
Automatic payment dates.
Separate payment preparation and payment approval.
Split payments depending on the balance available in your various bank accounts.
Print the payment order and send it to the bank.

Manage accounting entries such as bank statements, cash, and manual journal entries.

Make use of different types of journals for Banks, Cheques, and Cash if you keep cash registers.

Automatic reconciliation to search for entries to reconcile in a series of accounts.
Accounts to Reconcile: you can select one, several or all reconcilable accounts.
Write-off option enables you to reconcile entries even if their amounts are not exactly equivalent.

Automatic reconciliation to search for entries to reconcile in a series of accounts.
Accounts to reconcile: you can select one, several or all reconcilable accounts.
Write-off option enables you to reconcile entries even if their amounts are not exactly equivalent.

Analytic accounts or cost accounts help in managing many different analytical operations.
Create multiple cost centres for the company and manage chart of analytic accounts for each cost centre separately.
Helps directors, general managers, and project managers manage their cost centres individually.

Generate financial reports in real time. Reports range from basic accounting reports to advanced management reports.
Performance reports (such as Profit and Loss, Budget Variance).
Position reports (such as Balance Sheet, Aged Parables, Aged Receivables).
Cash reports (such as Bank Summary).
Detail reports (such as Trial Balance, General Ledger and Cost Ledger).
Management reports (such as Budgets, Executive Summary).
Dashboards on the home page to provide at-a-glance views of KPIs (key performance indicators)