Comprehensive financial tracking, multi-currency support, and real-time reporting for absolute financial control.
Detailed Overview & Features
Preparation of the chart of accounts and the hierarchical chart of accounts.
– Handling all financial transactions and daily entries.
– Ability to use different currencies with the option to reevaluate currency balances at any time.
– Monthly and annual balance sheet preparation.
– Preparation of various types of invoices, payments, collections, and reversals.
– Automatic generation of periodic and reversing entries.
– The system conducts analysis on:
– Managing debtor terms and preparing lists, conducting analytical examination procedures using graphical representations.
– Utilizing financial ratios to link balances of various accounts in financial statements and preparing comparative financial statements (over consecutive years) to deduce changes in asset, liability, and equity items.
– The ability to review and track entries and all financial transactions through the system manager.
– The capability to define user permissions.
– The ability to generate closing reports in multiple formats (T-account, list, estimated comparison, and previous year).