If TDS is applicable against account, TDS is deducted as per section specified against account. TDS cutting is done considering total payment done and surcharge and other calculations are carried out while voucher entry. TDS to be deposited is available with section wise, party wise details. Entry of TDS payment made to bank can be done along with required details. Form 16 A can be generated. TDS returns file (e-TDS) in prescribed format will be directly available.
Post dated cheques module.
While entering any receipt / payment voucher for bank account cheque number, cheque date, bank-branch are taken along with all required details. Software prepares date wise cheque deposition voucher. Cheque wise slip or clearing house wise list can be printed to deposit cheque in bank. Status of each cheque can be viewed. In case of our cheques, starting cheque number and number of cheues is entered. In case of cheque payment cheque number is selected from list. Log of each cheque is maintained and displayed.
Payment follow-up module with reminder system.
Payment pending is automatically reported on due date. Follow up details like to concern person, next commitment date can be entered to software. So that software can automatically reminds on that day.
Cost centers and its analysis.
While entering every voucher cost center wise amount can be entered. Cost centers can grouped and reporting is available cost center wise or group wise.
Asset management module.
Every asset with its depreciation value and depreciation % can be entered in this module. Sale and purchase of asset is to be recorded in this module. Profit and loss due to asset sale can be calculated. Block wise and asset wise depreciation cal. report will be available. Depreciation accounting entries can be posted.
Ratio Analysis & accounting MIS
Accounting MIS is provided with suitable graphical representation. Different accounting ratios are also available. Creating new ratio is possible.
Branch accounting.
If branches are connected on line, all accounting report can be viewed branch wise. If branches are not connected on line, consolidation of branches can be done with import, export data.
