Finance & Accounting Module

This module of the ERP software takes care of all accounts related entries and their impact on the whole system. How the finance comes and how it is being utilized. Total flow of money (Cash/Bank) and total expenditures is reflected here. As an after effect of this, the management is able to take their important financial decision regarding budgeting, expense, allocation etc. Some of the many features of this module are as follows:

  • Comprehensive approach to calculate Pay & Allowance based on SPS pay scales
  • Covers core financial issues like, Loan Info, Income Tax, Pay Fixation (both for new and Promote employee, ) and Advances taken by employee
  • Audit process to generate the Comparative statement for Audit Purpose
  • Schedules for Deductions, Allowances (Fixed and Casual)
  • Monthly cal and adjustment of taxes
  • 3-level chart of accounts (major head/minor head/head)
  • Complete details regarding each budget head like its opening balance, available balance and the expenditures made against it.
  • Complete details regarding each bank account like opening balance, deposits, withdrawals, and available balance
  • The pension calculation of the retiring employees are automatically obtained.
  • The signatures /thumb impressions of the pensioners are scrutinized through software to detect the wrong signatures/ thumb impressions
  • Software provides the detail about the superannuation , retiring , family and invalid pensioners their address and date of retirement
  • The entry of advances (refundable/non-refundable)
  • The annual statement of the employee current GPF balance , profit included and total funds withdrawn are obtained
  • Keep detailed record of all the investment certificates.
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