Functionality

• Real time integration from purchase ledger, sales ledger, expenses and sales modules.
• Multi-Branch capable.
• Supports nominal codes with three or six digits.
• Nominal Sub-codes allow expenses for individuals, vehicles, etc: to be reported on across a range of nominal codes.
• Unlimited accounting periods can be open at any one time.
• Closed periods can still be reported on, provided that they are still in the current financial year.
• Expense modules for simple processing of expense claims. When the expense is closed and paid a Journal entry is written to the nominal ledger. Avoiding manually creating complex journal entries.
• Sundry journal entries can be standard or a pair of entries where the second would contra the first in the next period. It is also a possible to edit these entries provided that the period of the first entry has not been closed.
• Recurring entries allow for repetitive journal entries to be automatically posted either monthly or quarterly and for a specified number of periods.
• Bank clearances for as many accounts as you wish.
• Define your own nominal codes and descriptions, also if the nominal account is subject to further analysis by sub-code.
• Period information screen showing all basic accounting information relating to the period you are currently working in.

Reports

• Balance sheet and Profit & Loss by branch or consolidated.
• Accounting entries by period or date range.
• Browse by nominal account code for an individual or range of periods.
• VAT Return report with layout matching the customs & excise VAT form.
• Payments received report by period.
• Purchase invoices report by period.
• Purchase payments made report by period.
• Trial Balance for open or closed periods.
• Nominal sub-code reports, can be sorted by nominal or sub-code.
• Nominal sub-code budgeting reports.