Accounting is the heart of Smart It. All transactions appear in the General Ledger. This is a very powerful module and will provide you with a full audit trail of transactions to ensure the integrity of the system. It provides financial information to make important decisions and track profits and losses. There are no lengthy month end or year-end procedures as the system is date driven. VAT stress is eliminated as you are able to print an accurate and reliable VAT report, with a summary, analysis and problematic entries.
Accounting Features
- Create and manage as many bank accounts as you require
- Manage your cashbook
- Adjustment journal
- All transactions have an audit trail
- View original documents straight from your General Ledger
- Make auditable corrections on General Ledger entries
- Bank reconciliations have never been this easy
- Print, export or email statements (Trail Balance, Income Statement, Cash Flow statement, Balance sheet, statements over time and view a grid summary of statements)
- Bulk account print (export, print or email)
- Budgeting facility
- Tax Setups for different countries
- Create General Ledger main and sub accounts with ease
- Standard General Ledger accounts already in the system
- Setup default General Ledger accounts
- Corrections to transactions can be made
- Export all information required for EFT’s
- View archived EFT’s
- Print an accurate and reliable VAT report, with a summary, analysis and issues
For a deeper overview consult our help on general ledger.
