Accounting

All Accounts are maintained and Vouchers, Financial transactions, Dr/ Cr Notes, Advances etc., are passed here. It is the accounting core of the system

  • Financial Account Structure (4 level)
  • Automatic creation of Business Transactions
    • Batch-wise Updating
  • Dr/ Cr Note
  • Recurring Entry
  • Voucher
    • Payment
    • Journal
    • Receipt
  • Landed-cost-price finalization

 

  • Cost Revaluation on Purchase transactions of stock-items
  • Book of Accounts(BoA): Multiple Company;
  • Final Accounts: Branch/BoA/Company Wise
    • General Journal
    • General Ledger
    • Trial Balance
    • Profit & Loss Account
    • Balance Sheet – Month End Closing – Annual Closing
  • Transactional Bank/Cash details of Receipt/Payment

Description

  • Four level GL Account Structure
    • Account Type as per Balance Sheet and Profit & Loss (P&L) Account
      • Group of Balance Sheet and P&L Account
  • Sub-Group of Balance Sheet and P&L Account
    • GL Account
  • Automatic Transactions
    • Event based: Accounting transactions are automatically passed in the background with each business process activity or event
    • Batch-wise: The transactions  of Module are transferred to GL Module Batch-wise
    • Adjustment Entry & Manual transaction can be passed IN GL Module
    • Updating accounts: The batch transactions from a Module are imported, summarized and are updated to the respective GL Accounts
  • Dr/ Cr Note
    • Create Dr or Cr Notes directly from Marketing & Billing and Purchase Module, Finalize later
    • Cancel Dr or Cr Notes through Reversing the entries or passing Negative entries
    • Dr or Cr note automatically update the Stock balances instantly followed by GL Batch-entry in the background
    • Calculation of HSN/SAC based tax records is done in parallel and passed the financial entries automatically in the background
    • GST compliant Dr/ Cr Notes
  • Landed-cost-price
    • finalization at a deferred date
    • Revalue all inventory balances and transactions as per the finalized Landed-cost
  • Recurring Entry
    • Pass periodic transaction vouchers on a single click
  • Accounting Vouchers
    • All types of like, Payment, Refund, Receipt and Adjustment
  • Financial Transaction
    • Detailed Record keeping of all Financial Transaction
    • Like: Cash, Cheque DD, Net/ Mobile Banking, Payment Wallets, NEFT, RTGS, Credit/ Debit Card
  • Closing
    • Single or Multiple Book-of-Accounts in a Company
    • Single or Multiple Branches in a BoA
    • BoA wise Final Accounting Creation and printing of all standard reports
    • Period End
    • Annual Closing
  • Standard & Customized Reports
    • General Journal
    • General Ledger
    • Trial Balance
    • Profit & Loss Account
    • Balance Sheet
    • Company/ BoA/ Branch wise Valued-inventory report
  • Import & Draft
    • Every existing Account Type, Group, Sub-Group, GL Account & Vouchers can be imported and used as a template
    • Any incomplete Account Type, Group, Sub-Group GL Account & Vouchers can be saved as Interim-draft
    • Multiple draft versions can be saved, all can be discarded and one can be Finalized later
  • Attachment & Retrieval
    • Attach unlimited Documents on each Company, Branch, BoA & Vouchers
    • Retrieve any specific attachment, from the entity or using the Central Repository of our DMS
  • Tag a Parameter/ Parameter Set, Checklist(s) to be included in ‘Advanced Search’ for easy retrieval
  • Communication
    • Can be set on any Company, Branch result
    • System Communication Types
      • Approval
      • Alert
      • Warning
      • Reminder
  • Communication
    • System or User Generated
    • Inter or Intra Company Entities
    • Single or Multi-Level
    • Mandatory or Conditional
    • On event or field (absolute or relative) value
Accounting