Financial Accounting System

We discussed what is accounting software, but what are its main benefits? Why use accounting software at all? The tool with its deep financial information shows you where to cuts costs and drive productivity. With an appropriate system in hand, companies automate bookkeeping tasks and draft in-time tax-friendly reports, but what is most important, they can forecast expenses and develop a smarter investment strategy with this system

Reporting is always the outcome of any software systems

Simplification.Accounting systems put finance control in the hands of a non-accounting audience, designed to give numbers a meaning while performing automated calculations. With little to no training at all, the business owner can complete all accounting operations and comply with legal standards from a desktop computer or a mobile device, and without paying an external party to keep budget in the loop.

Core features:

  • Cost Center
  • Chart of Accounts
  • Opening Balance
  • Voucher Posting
  • Voucher Verify
  • Voucher Approve

Core Reports:

REPORT-ACCOUNTING

  • Cash book
  • Bank book
  • Receipt & Payments
  • General ledger (Group head)
  • General ledger (Posting head)
  • Journal register
  • Trial balance
  • Income statement
  • Balance sheet

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