Jewel Wholesale & Retail

Accounting Module

Accounting module embeds customer, vendor’s accounting and general ledger. Financial management is a crucial function of the business. Our system equips wholesaler and retailer with accounting statistics for management decisions.

• Separate accounting for Customer, Vendor, Bank, and General Ledger
• Complete online integration
• General Ledger - detail as well as summary posting
• Backdated receivable and payable aging report
• Advance can be received and applied later
• Credit invoices can be directly applied to invoices Or credit invoice can be applied with the invoice at the time of check application
• Payment to vendor or check from customer is handled easily
• Void check, check printing, and bank reconciliation functionality
• User defined accounting year and accounting period
• View the consolidated or individual store accounting

Customer Accounting

• Customer accounting provides the capability to create and maintain invoices, receipts, and credit invoices to the customers
• Integrated with the Sales Order and Invoicing, General Ledger and Bank Sub-Modules
• Receipts can be entered against invoices or may be shown as an advance. The advance receipts can be applied to corresponding invoices at any time in future
• Customer statements with all the transaction or open transactions can be printed in various formats
• Customer aging report in many different formats with defined aging periods can be generated

Vendor Accounting

• Allows creation of advance payments before an invoice is raised
• Protects posted transactions from alteration ensuring highest form of data security
• Flexible reporting system and authorized rights to print registers, memos, aging analysis, vendor statements for one or many accounting periods and for individual or selected stores
• The payment system supports standard payment methods like issuing of checks 
• Customized reports give "at-a-glance" position of amount due and help to maintain the health of the business

General Ledger

• General ledger module provides the capability to create and maintain journal entries
• Integrated with Customers Accounts, Vendor Accounts, Bank Transactions and Sales & Purchase
• The data from all other modules can be posted into General Ledger module online
• Income statement and balance sheet can be prepared in the customized formats

Bank Transactions

• System provides the capability to create & record payments, deposits and bank transfers
• Integrated with the Customer Accounts, Vendor Accounts, and General Ledger modules
• Bank reconciliation can be done easily by just clicking the transaction which is cleared
• Checks can be printed in customized formats