The Financial Accounting package is completely configurable. Its work flow of measurement recording and bill approval have been configured successfully to meet stringent requirements of Electricity Boards & other Govt. as well as Semi-govt. organizations. The highlights of FA are as follows:
Following are the features of Financial Account System:
Accounts heads definition
All standard accounts transactions.
Flexible voucher series & numbering facility.
Accounts Payables (Supplier/Contracts payments)
Accounts receivables
Employee related payments
Cash Management & bank reconciliation
Payments made at Head quarters
Permanent Imprests and Temporary advances
Facility of Provisional Journal Voucher and reversing.
Trial balance, Financial Ledgers, GL
Fixed assets – capitalization and depreciation calculation
Provision for user defined new tax addition with calculation rules.