Finance

Comprehensive Banking and PDC Handling

• Bank Account Management: Create, edit, and manage multiple bank accounts efficiently.
• Bank Reconciliation: Perform detailed bank reconciliations to ensure financial accuracy and consistency.
• PDC Management:
  • PDC Deposit: Track and manage the deposit of post-dated cheques with complete visibility.
  • PDC Returned: Efficiently handle returned post-dated cheques, ensuring proper follow-up and documentation.
  • PDC Cashed: Monitor and manage the cashing of post-dated cheques for accurate financial processing.
  • PDC Cancellation: Process and record the cancellation of post-dated cheques as necessary.

Robust Financial Control and Analysis

• Chart of Accounts: Create and manage a comprehensive chart of accounts tailored to your financial structure.
• Opening Balance Management: Set and adjust opening balances for accurate financial reporting.
• Automated Period and Year-End Processing: Streamline period-end and year-end closing processes with automation.
• General Journal and Contra Entries: Efficiently manage general journal entries and contra transactions.
• Credit/Debit Notes: Issue and track credit and debit notes to maintain clear financial records.
• Cash Receipts and Payments: Handle all cash receipts and payments with detailed tracking and reporting.
• Financial Analysis: Perform financial analysis for specific time periods, with full receipts reports for detailed insights.
• Automated Salary Journals: Automatically generate salary journals to streamline payroll accounting.
• Ageing Analysis: Conduct ageing analysis to monitor outstanding receivables and payables.
• Cost Center Management: Allocate expenses and revenues across different cost centers for precise financial control.
• Monthly Revenue Distribution: Distribute revenue on a monthly basis to ensure consistent financial planning and management.

Streamlined Sales and Payment Processing

• Sales Order Posting: Efficiently post and manage sales orders for streamlined processing.
• Tax Invoice Creation: Generate detailed tax invoices for sales transactions to ensure compliance.
• Tax Cash Invoice Creation: Create tax cash invoices for transactions requiring immediate payment.
• Payment Reception:
  • Receive Payment on Order/Invoice: Track and manage payments received against specific orders or invoice numbers.
  • Receive Payment on Account: Process payments received on account, maintaining accurate financial records.

Efficient Purchase Order and Payment Handling

• Purchase Order Posting: Seamlessly post and manage purchase orders for accurate tracking and fulfillment.
• Tax Invoice Creation: Generate tax invoices for purchases to ensure compliance with tax regulations.
• Tax Cash Invoice Creation: Create tax cash invoices for purchases requiring immediate payment.
• Payment Processing:
  • Pay Payment on Order/Invoice: Manage and track payments made against specific purchase orders or invoice numbers.
  • Pay Payment on Account: Process payments made on account, ensuring precise financial record-keeping.
• Multi-Invoice Handling: Post purchase orders based on delivery, allowing for the management of multiple invoices per order.
• Tax Refundable Status Management: Change and manage the tax refundable status of transactions to align with regulatory requirements.

Comprehensive Inventory and Supplier Management

• • Supplier Management: Efficiently manage supplier information, relationships, and performance.
  • Category Management: Organize and manage items by category for streamlined inventory control.
  • Item Management:
    • Item Types: Define and manage different item types within the inventory.
    • Item Size: Set and manage item sizes for accurate stock keeping.
    • Class Assignment: Assign items to specific classes for targeted distribution and management.
    • ISBN Number: Track books and other items using ISBN numbers for precise identification.
  • Multi-Branch Management: Oversee inventory across multiple branches for centralized control.
  • Delivery Notes: Generate and manage delivery notes for book and uniform distribution.
  • Inventory Reporting: Generate detailed inventory reports to monitor stock levels and transactions.
  • Purchase Order Creation: Create and manage purchase orders to maintain adequate stock levels.
  • Item Reception: Receive purchased items and update inventory records accordingly.
  • Sales Order Creation: Process and manage sales orders within the inventory system.
  • Delivery Note Creation: Create delivery notes for outbound items to ensure accurate fulfillment.
  • Goods Refund Management: Handle the return and refund of goods, updating inventory as necessary.

End-to-End Fixed Asset Lifecycle Management

• • Asset Purchase: Streamline the acquisition process by managing and tracking asset purchases.
  • Barcode Printing: Generate and print barcodes for assets to enable efficient tracking and inventory control.
  • Asset Transfer: Facilitate the transfer of assets between locations, ensuring accurate record-keeping.
  • Depreciation Management: Monitor and manage the depreciation of assets over time for precise financial accounting.
  • Asset Disposal and Sale: Efficiently manage the disposal or sale of assets, ensuring compliance with financial policies.
  • Asset Maintenance: Schedule and track maintenance activities to extend the lifespan of assets and maintain their operational effectiveness.