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.
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.
Manage your Bills and Expenses
- 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.
- Manage credit notes/ refunds for your customer and supplier invoices.
- 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.
Do you have many companies with many operations?
Our Accounting System can :
- 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.
Multi-Currencies
- 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.
Track your invoicing and payments
- 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.
Advance Cash management
- 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.
- Managing bank statements simplify data entry into accounts.
- Get your bank statements synced with the bank automatically or import files.
Record Journal Items
- 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.
Reconciliation
- 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
- 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.
Wide range of Financial Analysis
- 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)