ERP Solutions

W-ERP Modules > Finance & Accounting

Complete accounting for all finance and related transaction and generation of online balance-sheet (Division-wise, cost-center-wise as well as consolidated for group companies). Multiple options available for Budget control. Cash/Fund projections and planning. Costing and profitability accounting of product, product-group as well as for division.

Overview

Full featured accounting module
- All Financial transactions
- Posting all types of vouchers
- Maintaining all books and year wise accounts
- All tax effects like VAT, TDS etc. taken care of
- Payment processing and maintaining all payment related details for payments made to various parties
- Approval and Workflow system for all out going payments
Tight integration with Sales, Purchase and Inventory Management
- Purchase invoices linked to Goods Receipt and Purchase Orders
- Automatic generation of sales invoices on sales booking
- Tracking and linking all incoming payments against sales
Reporting - All standard accounting related reports in-built
On the fly generation of Trial Balance and Period-end balance sheet and P&L Statements

Features Overview

W-ERP Modules

- Sales & Distribution
- Purchase Management
- Inventory Management
- Production Planning &
Control
- Financial Accounting
- Excise, Service Tax, VAT
and TDS enabled
- MIS Reporting

General Ledger
Account Receivable / Payable
Letter of Credit
Post Dated Cheques
Costing
Budget
Tax Accounting (ST, Excise, Octroi, Duty etc.)
Fixed Deposits Accounting
Provision Accounting
Advance License Accounting
Voucher Entry -- Authorization -- Payment
Post Dated Cheque (PDC) Entry
Budget Check/Control
Fixed Asset Accounting
Loan Accounting, Interest Calculation, Rate, Terms and Periodic Entry System Generated
Bank Reconciliation
Provision Account On Line / Off Line
Strategic Business Unit (SBU) Accounting Generating SBU level Trial Balance, P & L A/c., Balance Sheet
Consolidated P&L and Balance Sheet for Group Companies
TDS Accounting while Payment / Receipt transaction
Sales Tax Set Return
Excise Accounting
Captive Capitalization
Bill Discounting
Inter Company Fund Transfer
Agent Account (including Consignment Agent and other agents)
Transporter Bill Passing / Lorry Receipt Accounting
LC Accounting -- Standard, Revolving, One Time
Indian - Foreign JV Parallel Accounting with different Accounting Period & Different GAAPs
Auto Generation of FC Gain Loss JV and accounting
Inter Cost Center Secondary Allocation
WIP / Shop / SC Value Added Accounting based Standard or Man/Machine utilization based costing
Group Company Global Master
Transaction Authorization Multiple / Joint Slab Wise before Posting
Parameterized Integration with Inventory & Payroll
Flexible Accounting Period
Transaction History Log
Bank Cheque Book Master Control
Cash Flow - Actual & Projected
Party - Currency Assignment
Voucher Replication
Reversal of Voucher
Recurrence of Voucher
On Account Adjustment Against Bill
Party Credit Days & Credit Limit control for Credit Management
Cheque & Bank Payment Advise / Voucher Printing
Multiple Level Trial Balance
Interest Calculations
Parameterized Cost Allocation
Costing with Production, Payroll
Multi Currency Payment / Receipt
Tax Summary and Tax Accounting
Analysis Module

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