Accounts Payable
Record and keep track of what the company owes to its suppliers or vendors for products or services received on credit.
Accounts Receivable
The recording of money owed to a company by a customer who received products or services on credit.
Bank Reconciliation
Software is able to match the cash balances on the balance sheet to the corresponding amount on your bank statement and resolve any discrepancies.
Billing & Invoicing
Invoicing of clients and billing to suppliers.
Budgeting/Forecasting
The budgeting feature allows you to see the company’s expected revenue and costs, market trends, cash flow and more. Using the cash flow forecast feature you can predict revenue and expenses associated with your business, as well as adjustments you plan to make to create the projection.
Expense Tracking
This feature helps you stay up-to-date with your expenses. It records your expenses by tracking receipts, invoices and other outgoing expenses.
Financial Reporting
Detailed reporting of your business’s finances, which includes your financial statements being provided to disclose the business’ financial data.
General Ledger
This process includes a journal entry or logging every business transaction as it occurs. The accounts recorded in a general ledger include assets, liabilities, equity, expenses, and income or revenue.
Inventory Management
Deals with the process of ordering, storing and using a company’s inventory.
Tax management
The management of tax, including managing sales tax (VAT).
