This Module covers the financial part of the organization. Financial Module keeps track of complete accounting history, payable and receivable records. There are accounting heads (Chart-of-Accounts) based on the company’s structure. The management can get Trial Balance, Profit & Loss Reports, Balance Sheet and other Accounting Reports from this system on regular basis. This system is a crux and centre for the other modules and the record of Cash/Bank In/Out would be dumped here to get these Financial reporting.
The key features of Accounts Module are:
- Financial Year Controlling.
- Up to 5 levels Chart-of-Account along-with the conditional subsidiary account level.
- Provision for Subsidiary Groups and Accounts.
- Entry of 5 common vouchers entry and printing, i.e. Cash Payment Voucher, Cash Receipt Voucher, Bank Payment Voucher, Bank Receipt Voucher & Journal Voucher.
- Automated Voucher postings.
- Auto Number Generation of Transactions.
- Handling of complete Financial Record and Reports, including:
- Daily Bank/Cash Book
- General Ledger
- Trial Balance
- Bank/Cash Reconciliation Reports
- Profit/Loss Statement
- Cash Flow Statement
- Balance Sheet
- Informative Ledgers.
- Void/Un-Void Vouchers handling.
- Customer Payments
- Customer Leger.
- Receivable List
- Supplier Payments.
- Supplier Ledger.
- Payable List