FINANCIAL ACCOUNTING

Financial Accounting is the core of Accounts Payable Key Features:

any business organization as it
Proper bills handling avoids wrong,
provides an insight to the  Reports generated for any period
duplicate or early payments. The
financial performance. sofware is within the Financial Year
alerts and the summary report of
designed to integrate the financial  Chart of Accounts with tree view
payables provides a clear view picture
transactions across all operational  Customer information, Business
of future payments due. The credit
modules and t hi s enabl es card scanning
limit/period offered by the suppliers
com prehensiv e financial analysis  R ecei v abl e/ Paya bl e Agi n g
determines the actual due date. The
and reporting. It provides all reports and graphical
bills could be knocked off based on
necessary accounting reports and representation
the payment vouchers. Detailed
statements for an organization.  Statement of Accounts
supplier wise reports and statements
could be generated.  Account Status reports
 General Ledger
PDC Management  Balance Sheet
 Profit/Loss Account
It is essential to keep track of the post
dated cheques issued to suppliers to  Trial Balance
ensure enough funds in the bank  Schedules
account. Similarly, the PDCs  Bank Reconciliation Statement
received should be presented to bank  Drill down to vouchers for GL, TB,
in time to receive the funds. The PDC P&L and Balance Sheet
module enables the users to record  Previous year/month figures in
both incoming and outgoing PDCs, P&L and Balance Sheet
Financial Vouchers
issue PDC vouchers, generate  Payment reminders
The standard vouchers include  Alerts for Credit Period/limit
automatic alerts, convert the PDCs to
journal vouchers, receipts, bank
formal vouchers upon clearing.  Recurring JVs
payment and petty cash vouchers,
 Auto JVs
credit invoices, cash memos, cash/
credit purchases debit/credit notes, Project/Cost Centre Analysis  Cheque Printing
contra entries etc. The print formats The built-in Project/Cost Centre  Cheque returns and adjustment
could be customized as per the user analysis feature provides a two-way of bills
requi rement s and additi onal analysis which enables the users to  Ratio Analysis
vouchers could be added depending track the income and expenses  Cash Flow Analysis
upon operational requirements. towards jobs/projects and also cost  PDC due alerts
centres. It is possible to mention the  Conversion of PDCs upon
Accounts Receivable project or cost centre related with clearing
each transaction.  Optional multi-currency
The timely collection of the  Daily Bank Status
receivables is important to
 Month wise Ledger Analysis
ensure smooth cash
 Built-in Project/Cost Centre
flow. sofware provides the
feature
tools required for
monitoring the invoices due  Income/Expenses analysis for
Projects/Cost Centres
for collection. The
summary report of  Project Contribution Analysis
receivables provides the  Letter of Credit
overall receivable aging
status. The invoices could
be marked as settled based
on receipts. Alerts,
Customer wise reports,
Customized Software
statement of accounts,
payment reminders etc. are to meet your requirements
also handy when it comes
to debt collection.