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Accounting & Financial Management

Accounting & Financial Management

Service Details

Management Accounting is the process of analyzing business costs and operations to prepare an internal financial report, records, and account to aid managers’ decision-making process in achieving business goals. Management accounting is crucial for any business big and small as it provides a holistic picture of all the spending and costs associated with a company. The core responsibility of a Managerial Accountant is to prepare the data sets with guidelines prescribed by the Government and Taxation Authorities. This crucial data helps in determining a company's estimates related to Taxation, Employee Salaries, Assets, Raw Materials & Sales, and will ultimately to guide the decision-makers in the organizations. Managing the data right way is a crucial process in regards to both Governments and Internal decision-making teams.

BusinessX's Accounting module reduces the hassle of book-keeping and report generation. With key features like Taxation, Balance Sheet, Profit & Loss, Budgeting, Banking, and Expense Management spend less time in preparing crucial reports and more time in planning, decision making, identifying early signs of trouble, strategic management, profitability analysis, and forecasting.


Features

Billing

  • Sales Invoice
  • Purchase Invoice
  • Delivery Notes

Accounting Entries

  • Journal entry
  • Bank Entry
  • Contra Entry
  • Cash Entry
  • Write Off Entry
  • Credit Note
  • Debit Note

Taxation

  • TDS
  • GST
  • VAT
  • Any applicable State or Central Taxes

Banking Section

  • Reconciliation Summary
  • Match Invoice Date with Payments
  • Bank Guarantees
  • Bank Clearance Summary

Payments

  • Automated Payment Requests
  • Payments Entries
  • Multiple Payment Modes
  • Multiple Currency

Budgeting

  • Cost Center Accounting
  • Cost Center wise Budgeting
  • Budget Distribution
  • Budget Variance and Alerts

Reports & Analytics

To manage the business an organization requires access to in-depth, real-time data to assist in improving decisions. BusinessX ERP provides you with dynamic reporting with drill-down access into standard inquiries. Our industry-specific tools facilitate that you get the foundation explanation for business performance through time-based ratio and cash-flow analysis.

BusinessX ERP provides quick access to top-level information and original documentation. Our dynamic reporting provides access to the info you would like to research performance at all the levels of the operation. BusinessX ERP provides detailed analysis with the help of Machine Learning (ML) and Business Intelligence (BI). Whereas Machine Learning (ML) is used to actively learn from imported and gathered data, in a way as people would use past experiences as a part of their process to plan a better strategy for the organization.

Business intelligence (BI), on the other side, is a complex sphere representing a process that depends on automation to cumulate, store and analyze business-related data. The goal of BI is to succeed in optimal courses of action in a short time as possible, therefore the process includes several different aspects, like analytics, predictive modelling, performance management, data processing, etc.

Financial Reports

Balance Sheet

Profit and Loss Statement

Trial Balance

General Ledger

Accounts Receivable

Accounts Payable

Item wise Sales register

Item wise Purchase Register

Bank Reconciliation Summary

Profitability Analysis

Sales & Purchase Analytics

Product Wise Sales Trends

Customer Sales Trends

Territory Wise Sales Trends

Raw Material Wise Purchase Trends

Product Wise Purchase Trends

Supplier Wise Purchase Trends

Taxation

GSTR-1

GSTR-3B

GST Itemized Sales Registers

GST Itemized Purchase Registers

TDS Reports

VAT Reports

Profitability Analysis

Item Wise Profitability

Customer Wise Profitability

Brand wise Profitability

Territory and Location Wise Profitability

Warehouse Wise Profitability

Sales Team wise Profitability

  •      Highly Customizable


       Integrations with your favourite apps


           Report Builder


           Custom Forms


         Custom Printing Layouts


         Form Builder


         Workflow Manager


  •           Dedicated Support Manager


                Trained business process consultants


          On Cloud and on site Deployment Options


              Data Security


            Cross Browser


       Multi-Lingual


                Mobile Friendly


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Pricing and plan

14 Days free trial all IT services.

Silver
1200
/Users per month
  • All Modules
  • No minimum users required
  • Hosting Include
  • 8 Hours onboard/Training
  • Standard support during business hours

  • Single Company setup
  • Modules :
    Accounting & Financial Management
    Asset Management
    CRM
    Human Resource Management
    Procurement
    Production
    Project Management
    Selling
    Stock & Inventory
    Support
  • Multiple Reports,Print Formats
Enterprise


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