Accounting & Invoicing
This accounting add-on is designed for convenient finance processing, including debtors and creditors management, and invoicing function for credit sales. It helps to integrate cash sales and stock values into balance sheet, these solutions help to streamline mundane processes and saves time.
From Sales Quotation, Sales Order, Delivery Order and up to Tax Invoice. All common credit sales documents are linked, therefore only one-time data entry is needed. Accounting entries will be generated automatically with each consecutive issued billing, this process allows users to track payments and produce statements with ease.
Review customer ageing, outstanding status, and generate statements here. When receiving credit payment, use the Receipt section to enter and knock off invoices, while Credit Note will process discounts or refunds. Other payment receiving are also recordable such as rental collection, incentives etc.
All supplier invoices posted using Goods Received in inventory section, generates entry here for payments later. This automatic process makes knocking off and matching payments easy and accurate. Users can also pay for other expenses using Cash Payment feature. There is also Ageing section to review the balance due for all suppliers or creditors.
This section contains all the standard features of most accounting software, including Chart of Accounts, Journal, GST Processing, Bad Debts Relief & Recovery, Bank Reconciliation, Ledger, Trial Balance, Profit & Loss and Balance Sheet.
Why you need a retail system with Accounting
- Do more by spending less time in reconciliation
- Improve efficiency across all departments with linked data
- Save time and money from training new staff
- Get your financial reports the moment you need it
- Easily trace transactions with elaborative audit trail