Financial Accounting
|
Up to balance sheet accounting.
Balance sheet is available at any time. Grouping can be done as per you need. Drill down is supported up to document level. Profit / loss sharing entities and other closing entries to close P & L accounts is done automatically.
|
 |
Daybook, Cash-bank book, sales purchase registers, JV registers.
Daybook prints all entries for the particular day. Two-sided (receipt /payment) format is available. Cash, bankbooks and sales, purchase register are available in different suitable formats. Sale, Purchase Registers have required VAT columns
|
|
Ledger and Trial balance with different printing formats.
Ledgers and trial balance are provided in different format. Periodical balance summery for accounts or groups is provided. Search and filter on transactions with amount range, date, document number, voucher number, cheque number, and narrations are provided.
|
|
GroupWise trading account, P & L, Balance sheet.
Trading accounts can have different groups. i.e. gold trading a/c, silver trading a/c, diamond trading a/c. Closing stock can be entered manually or taken automatically. Display of P&L and balance sheet can be group wise summarized or account wise. Position of accounts groups in the report can be set as par requirements.
|
|
Bill-to-Bill accounts Receivable/ Payable..
In case of debtors /creditors accounts, entries of receipt and payment can be done Bill wise. Due to this account payable / receivable can be available bill number wise (document wise). It is possible to partial adjustment of bill, advance payments, on account payment / receipts are possible.
One bill can have more than one reference i.e. If bill credit is of Rs.10000, 5000/- of it is payable in 15 days and remaining 5000 up to 60 days. You can generate such two references to one bill. Reports like payments payable, receivable in period, age wise payable / receivable are available
|
|
Bank reconciliation and Interest calculation.
Simple way to reconcile bank account is provided. Intuitive display of account balance, transactions not reconcile and reconcile balance along with different search options makes reconciliation work easy. Reconciliation date can be enter to each transaction. This is useful for interest calculation.
If order advance is given by cheque and is not reconciled (not passed in bank) then warning is displayed while entering sales bill of order.
Interest payable / receivable can be calculated for any account. It can be on accounting date or reconciliation date. Interest calculated can be posted to accounts ledger
|
|
VAT Reports.
Periodical summary of vat paid and vat collected is available. Corresponding register can be used to validate figures .Vat on expense accounts are prompted while voucher feeding.
|
|
