Financial and Accounting Software | Accounting Software

Financial and Accounting Software

Financial and Accounting software is special application software that records all the financial activity within a business organization. The basic features of this system include all the modules of accounting software like accounts payable, accounts receivable, ledger, reporting modules, payroll, and Bookkeeping. The goal of the financial software is to record, categorize, analyze, compile, interpret and then present accurate and updated financial dates for every transaction of the business. Personal Accounting software is providing you with an excellent platform by integrating all of your financial data in one program, for creating and tracking a budget, examining the performance of your investments and generating reports for analyzing your assets.

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Features of Financial & Accounting Software

Financial software is an affordable, flexible and secure package that provides a broad range of functionality. Features of financial accounting software differ from system to system. Our Financial software includes the following features.

Accounts receivable

Accounting Receivable system manages Invoice processing, Payment processing, and keeps track of what customers owe (accounts receivable), how much, and when to expect payment. The Software maintains a database of essential customer information such as basic customer data such as names, addresses, account numbers, and other standard terms. The Accounting Receivable module allows you to print invoices, and automatically send your customers invoices, statements, and delay payment reminders via email or any other communication medium.

Accounts Payable

Accounts Payable software assist you to keep track of what you owe and handles the outflow side of your funds. Purchase orders to handle company purchases. The Software keeps track of Purchase orders to handle company purchases, and Vendor Credit memos to track and control the vendor credits. From scheduling bank payments and direct deposits to printing checks, Accounts Payable software completely automates your payment processes, preventing you from getting behind.

Payroll Management System

Payroll Management System handles all the aspects of payroll from calculating hours and processing wages to paying payroll-related taxes. The payroll system, employee database, time and attendance tracking software linked together helps you accurately calculate employee salaries and other benefits without any chances of error.

Dashboards and Reports

The system generates customary reports used in business, including the income statement (profit and loss), the balance sheet (assets and liabilities), statement of cash flows, accounts receivable, accounts payable, and payroll summary in graphs and pie charts. This module also enables customizable reporting options that allow you to create and compile any report of your choice.

Benefit of Financial and Accounting Software


Data Accuracy

Accounting software simplifies every aspect of record-keeping and eliminates human error in any endeavour and automatically makes the necessary calculations when you enter orders, transfer funds or proceed with any of the various financial transactions you are likely to encounter. It can also generate analyses while reducing the chances of oversights.

Secured Database

Password protected accounting software lets users protect confidential information from being accessed by unauthorized personnel. Also, by having your data stored in the software, you are facilitating its quick access, search, retrieval and can access the information you need across multiple platforms and sift through computerized data without hassle. If your data is only accessible digitally, it is invulnerable to any physical damage.

Management of Cash Flow

With accounting software, you can record and track your payables and receivables and know your current as well as future cash flow status. For example, you can enter your bills, customer invoices, and their due dates and get insightful reports that will tell you if your receivables are enough to pay your future bills.

Inventory

The inventory tracking system automatically tracks inventory as you process product orders and always let you know what you have in stock. The inventory tracking system can also project when you will run out of a product, so you know when to order more. Using the inventory tracking system has a time-saving advantage along with the accuracy of results.

Our Financial and Accounting Software Development Services


Custom Financial and Accounting Software development

At iShore Software Solutions, we design, develop and help you implement a comprehensive custom Financial and Accounting software with unique features to provide efficient mechanisms of business processes automation and maximizing overall efficiency and productivity.

Financial and Accounting Software integration

Our custom Financial and Accounting software development services include CRM integration with your corporate software, social media platforms, and other third-party systems. We create single customer view systems with comprehensive reports, and many other useful features.

Financial and Accounting Software Upgradation

We at iShore Software Solutions offer software upgradation services that allow you to upgrade your existing software platform by adding modules according to your business needs and extend its functionality by streamlining business processes and automating workflows. We design out-of-the-box functionality and deliver custom modules that seamlessly integrate with your Financial and Accounting software.

CRM Customization

iShore Software Solutions provides total solutions with the customization of the Third Party CRM by altering the software system to meet the specific operational structure of the clients business and to deliver smoother functionality and matches the workflow patterns.

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