Scope and Advanced Features of Finance &
Accounts Module:
1. Cash, Bank, Journal and Contra Vouchers:-
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Auto TDS transaction generated along with the
consideration of concessional TDS rate.
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Both Debit and Credit Transactions in Receipt
and Payment vouchers to minimize the Journal vouchers.
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In two stages - Unapproved Voucher entry and
subsequent approval by authorized executive.
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Online balances including Unapproved Transactions.
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Auto Online Posting to Cash/Bank a/c at the
time of approval.
2. Purchase Vouchers: -
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Accounts Purchase Voucher is auto generated
from the Stores/Raw material GRNs Receipt, Inspection &
Valuation data.
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Auto online Item/Product group wise Purchase
a/c posting.
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Other amount (excise, sale tax etc) posting
in different posting a/c heads.
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Auto debit note/credit note generation for
rate difference / shortage / rejections.
3. Purchase Freight Vouchers: -
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Accounts Purchase Freight Voucher is auto generated
from the Stores/Raw material GRNs Receipt data and destination
and time period wise transportation rate from freight master
along with shortage deduction as per prescribed norms and rates.
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Auto online Product group wise Inward Freight
a/c posting.
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Auto TDS entry generation along with the consideration
of concessional TDS rate.
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Auto Shortage in weight deduction (Credit
to Purchase a/c) Posting.
4. General Expense Bills (for Service) : -
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Structured system for Several type of service bill capturing
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Auto or user defined posting system
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Feature of Amount breakup capturing like Service tax etc.
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Daybook View for these bills
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Help in reducing the JVs
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Capturing the Expense head
- Direct booking of expenses on cost heads
5. Sales Vouchers: -
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Accounts Sales Voucher is auto generated from
the Excise Dispatch data.
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Auto online Item/Product group wise Sales
a/c posting.
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Product group wise auto online posting in
different heads for Excisable, Non-excisable, Captive, Export,
Trading, Branch transfer, Consignment Sales a/c.
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Amount fields (Excise, Sales Tax etc.) posting
in different posting a/c heads
6. Sales Freight Vouchers: -
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Accounts Sales Freight Voucher is auto generated
from the Sales data and destination and time period wise transportation
rate from freight master along with shortage deduction as per
prescribed norms and rates.
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Auto online Product group wise Outward Freight
a/c posting.
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Auto TDS entry generation along with the consideration of
concessional TDS rate.
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Auto Shortage in weight deduction (Credit to Party a/c) Posting.
7. Bill Tracking: -
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Allocation of one bill from many payments or
one payment to many bills.
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Bill wise age analysis of outstanding amount
for both Payables and Receivables.
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Reminder letter for pending bills with or
without Allocations already done.
8. Bank Reconciliation: -
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Minimal data entry of entering bank date in
our existing bank transactions.
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Additional entry/deletion for the transaction
which are effected by Bank but voucher not made by us.
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View Passbook and computation of interest
as per bank.
9. Balance Sheet/Trial Balance/Ledger: -
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Ledger and Trial Balance with all the provisional
and actual transaction.
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Ledger and Trial Balance with actual transactions
and unapproved transactions of purchase/freight with provisional
rates.
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Special ledger for party reconciliation.
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Balance sheet in Audited Format in three different
phases.
10. Letter of Credit (LC) Automation:-
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L.C. document entry having all details and
Linking facility of L.C. with Sales Order of party.
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Auto allocation of sales amounts in L.C. for
listing of pending or allocated amount of L.C.
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Creation of L.C. document from invoices for
given period.
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Auto bank vouchers having calculated interest
amount and bank charges.
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Auto Reversal of bank vouchers by JVs at the time of clearing
the L.C.
11. Expense Management:-
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Definition of Expense Heads
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Concept of Expense Category, Expense Heads and Expense details
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Capturing of Expense breakup in CBJ entry or General Expense
Bill
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MIS engine for view the expense - monthly/ Head wise
12. Costing Sheet:-
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A systematic approach for making costing sheet.
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Integrated figures from various transactions
of modules stores/accounts/raw material and finish goods.
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Net purchase and sales realization
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Concept of Revenue Centers
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Comparison of derived profit & loss with
actual profit & loss.
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Concept of Costing JVs
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Allocation of common expenses into Revenue
Centers based on formulae defined
13. Budgeting:-
14. Taxation:-
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