A Core Financial Accounting Module. It is easy to control, monitor and record the financial transactions including at the remote branch level. It supports the workflow that enables processes like requests/approvals/issues etc. iBusiness suite Financial Accounting supports N tier architecture. Differentiates from traditional business accounting software. The beauty of this software is that it is capable of generating financial multiple levels such as branch wise, region wise and even generating the consolidated reports of the company.
This includes a General Ledger module, an Accounts Payable module, an Accounts Receivable module, a Currency Management module, a Cash Management module, a Deferred Revenue module, a Fixed Assets module (sold separately), and a Tax Management module.
The facility for Ledger Groups and Heads creation at multi-level helps to account for different types of transactions like journal entries, receipts, and payments, contract entries etc. Bank Reconciliation Facility enables automated posting of Inventory Transaction and its reports to the Accounts Module. Purchase, Sales, Stock Transfer etc are features of iBusiness suite Quick H.O level view on Branch transaction and ledger books give better control for the company.
Final Reports– Trial Balance, Trading & PL, and balance sheet at branch level as also Consolidated Reports can be generated with a few clicks