Finance Management System
Finance Management System is a web-based solution which integrates all the financials activities of a small-to-medium
enterprise (SMEs).
The following are the main features of the Finance Management System:
Core Modules:
- Branches (local and international)
- Bank Accounts
- Clients
- Invoices
- Debit Notes
- Vendors
- Vendor Bill Payments
- Payments
- Receipts
- Multi-currency support (for bank accounts as well as transactions such as receipts/payments)
Reports and Analysis:
- Branch wise Transaction Summary
- Bank Statements
- Payment Report
- Receipt Report
- Client wise Transactions (Receipts)
- Vendor wise Transactions (Payments)
- Cash Flow Analysis (Receipts against Payments)
- Income-Expenditure Analysis
- Ratio Analysis (e.g. Income-Expenditure, Receipts-Payments)
- Comparison & Consolidation (e.g. Multi-Financial-Year Reporting/Multi-Quarter Reporting)
All the above reports provide extensive search facility such as Branch wise, Bank wise, Period wise (e.g. Monthly/Quarterly/ Half-yearly/Yearly or any date range), Client wise/Vendor wise etc.
All the above criteria may be implemented together e.g. XYZ Bank Statement for the period of Apr 2008 to Jun 2008.
All the analytical reports especially the Comparison & Consolidation Report display growth or decline in percentage. For example, if total receipts for a particular quarter has increased by 10 per cent from the earlier quarter, the report will present that in a separate column.
Other Features:
- Automatic generation of various accounting statements and documents such as Debit Notes.
- Exporting raw data and reports to open standard data formats such as CSV and XML.
- Extensive and comprehensive permission-based security.