...SOFIENT ERP : Finance & Accounts
 
Finance and Accounts function form the backbone in any organization as it consolidates and provides information to all functions in the organization. SOFIENT Finance and accounts module streamlines the financial operations of a company. Chart of groups and chart of accounts are defined here. All vouchers related to journal entries, sales, purchase, receipt and payment are recorded. Using SOFIENT Finance a company can generate balance sheet, general ledger, trail balance, profit & loss statement and daybooks besides many other transactional reports. SOFIENT Finance is integrated with Sales and marketing, Purchase, Inventory, Costing and Equipment Maintenance.

Features & Highlights:
  • Complete balance sheet to reach up to voucher level
  • Entering pending voucher details at time of accounts creation
  • Definition of subsidiary ledgers
  • User defined number formats and precision for amounts
  • Printing of amount in words in any language
  • Allocation of income and expenses to cost centers
  • Department wise budget allocation for all accounts
  • Online and batch posting of vouchers by authorized users
  • Defining narration for vouchers for ease of data entry
  • Flexible voucher numbering - daily, weekly, monthly, yearly and carry forward
  • Recurrent JV entries, Replication of JV, JV reversal
  • Fiscal year definition
  • Receipt/Payment voucher against invoice, on account, new reference. against orders, advance adjustments
  • TDS monitoring
  • Debit notes/credit notes
  • TR6 challan
  • Book closing , Period closing and Financial year closing

Reports:

  • Chart of accounts and chart of groups
  • Day books , Journal, bank book, cash book, sales book, purchase book, debit note book, credit note book
  • Debtors ledger
  • Creditors ledger and aging analysis
  • Supplier outstanding and aging analysis
  • Trial balance - for general and sub-ledger
  • Profit and Loss statement ,Balance sheet
  • General Ledger
  • Cash flow statement
  • Unposted voucher listing
  • Complete reports for any financial year group to vouchers level - T/B, P&L, GL
  • Variance Analysis
  • Consolidation at branch/HO of GL, T/B, P&L
  • Budget reports - planned Vs actual and Expense comparison reports
  • Bank reconciliation and Bank statement
  • TDS statement - Form 16A and TDS returns

Advantages:

  • On-line and batch posting of vouchers
  • Complete TDS functionality
  • Consolidated reports for any level of the company hierarchy
  • Complete reports to voucher level