Accounting Solution
General Ledger
The general ledger is the backbone of a business's financial system, providing a reliable and detailed record of its financial activities.
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Comprehensive Financial Record: The general ledger serves as a digital ledger, providing a detailed and chronological record of every financial transaction, including debits and credits. This ensures traceability and transparency in your financial operations.
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Robust Financial Reporting: The general ledger is the foundation for preparing accurate and informative financial statements, such as the income statement and balance sheet. This enables you to track performance, make informed decisions, and meet regulatory requirements.
Tailored Chart of Accounts
Account Receivable & Payable
LHDN E-Invoice Ready
Account Close Management
Features
Account Receivable
Efficiently manage your credit accounts with confidence. Our system consolidates sales invoices, credit and debit notes, and collections into a clear, aging report. This provides you with a comprehensive overview of your outstanding balances, allowing you to prioritize collections based on aging and optimize your cash flow.
Account Payable
Accounts payable is a term used in accounting to describe the money a company owes to its suppliers or vendors for goods or services purchased on credit. It's essentially a record of short-term debts that need to be paid within a specific period.
Our system helps businesses keep track of the amounts they owe to different vendors. By understanding accounts payable, companies can better manage their cash flow and ensure they have sufficient funds to meet their obligations.
Account Close Management
A critical process in financial accounting that involves the closure of a company's books at the end of an accounting period (typically monthly or annually).
By closing accounts monthly, you can minimize the risk of errors or omissions that might accumulate over longer periods. On the other hand, monthly closing for inventory, accounts receivable, accounts payable, and the general ledger effectively preventing one department's closing from affecting or delaying others.
It ensures that financial information is accurate, complete, and up-to-date before the preparation of financial statements.
Efficiently manage your credit accounts with confidence. Our system consolidates sales invoices, credit and debit notes, and collections into a clear, aging report. This provides you with a comprehensive overview of your outstanding balances, allowing you to prioritize collections based on aging and optimize your cash flow.
Accounts payable is a term used in accounting to describe the money a company owes to its suppliers or vendors for goods or services purchased on credit. It’s essentially a record of short-term debts that need to be paid within a specific period.
Our system helps businesses keep track of the amounts they owe to different vendors. By understanding accounts payable, companies can better manage their cash flow and ensure they have sufficient funds to meet their obligations.
A critical process in financial accounting that involves the closure of a company’s books at the end of an accounting period (typically monthly or annually).
By closing accounts monthly, you can minimize the risk of errors or omissions that might accumulate over longer periods. On the other hand, monthly closing for inventory, accounts receivable, accounts payable, and the general ledger effectively preventing one department’s closing from affecting or delaying others.
It ensures that financial information is accurate, complete, and up-to-date before the preparation of financial statements.