< Back to ERP Page

The accounting module from Diaspark, available in ERP simplifies the processes and helps you manage your finances more efficiently

Thus freeing you to concentrate on the things that matter. Running your business. The module is configurable with your existing accounting formats and gives you the tools to make your financial management work better. The module streamlines processes by letting you configure income statement and balance sheet, books of records and accounting statements according to your requirements.

Financial Accounting with Diaspark Jewel ERP
Highlights
  • Separate accounting modules for account receivable, accounts payable, cash manager and general ledger (details follow)
  • General Ledger – detailed as well as summary posting
  • One accounting year can be divided into different customized accounting periods
  • Backdated receivable aging report and payable aging report
  • Easy check application to invoices
  • 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
  • Void check, Check printing & Bank reconciliation functionality
  • Enhanced security to grant access only to authorized person for all accounting entries
  • GL (General ledger) transaction and trial balance reports
  • User defined accounting year and accounting period
  • Option to close accounting period /year which locks the transactions for edition
Features
  • Lets you group customers into customer categories and define their credit limit for greater efficiency and uniformity in the data entry process
  • Define Payment Terms to generate multiple invoices or single invoice with different due dates
  • Automatic reconciliation of ‘On Account’ receipts against open invoices
  • Single Click to auto apply receipt to multiple invoices on FIFO basis and create chargebacks
  • Allows creation of advance receipts even before an invoice is raised
  • Periods can be defined for aging receivables
  • Facility to print registers, reports, aging analysis, customer statements for one or more accounting periods or range of values
  • Invoice creation with description and references
  • Posted transactions are protected from alterations, ensuring highest form of data security
  • Customer-wise analysis through reports
  • Multiple reports: Customer backdated aging report (detailed and summarized), Customer statement, Sales journal
  • Lets you group vendors into vendor categories for greater efficiency and uniformity in the data entry process
  • Periods can be defined for aging payables
  • Protects posted transactions from alterations ensuring highest form of data security
  • Apply Vendor Payment, Vendor Credit Invoice to Vendor Invoice
  • View GL Posting and Payments in Invoice, Open Invoices, GL Posting, Open Checks in Receipt and credit invoice
  • Lets you group vendors into vendor categories for greater efficiency and uniformity in the data entry process
  • Periods can be defined for aging payables
  • Protects posted transactions from alterations ensuring highest form of data security
  • Apply Vendor Payment, Vendor Credit Invoice to Vendor Invoice
  • View GL Posting and Payments in Invoice, Open Invoices, GL Posting, Open Checks in Receipt and credit invoice Single Click to auto apply receipt to multiple invoices on FIFO basis and create Chargebacks
  • AP Inbox and AP Credit Inbox to post VendorInvoices and Vendor Credit Invoices through an authorized person only for increased security
  • Easy interface to prepare checks vendor wise for multiple open invoices
  • Print checks in customized formats
  • Flexible reporting system to print registers,Memos, Aging Analysis, vendor statements for one or many accounting periods and range of values
  • Multiple customized reports: Vendor backdated aging report, Vendor Ledger, Purchase journal
  • This module help keep a close check on inflows and outflows
  • Includes all payments and receipts even if they are not a part of Accounts Payable or Accounts Receivable module
  • The bank reconciliation feature enables reconciling debit and credit transactions with the bank’s records
  • Bounce Check feature records details of checks declared by the bank as bounced
  • Void check feature records details of checks eclared void by the bank
  • Bank transfer option makes fund exchange easier and manages the cash deposits and withdrawals from bank accounts
  • Accurate status of the loans and deposits along with several other bank related transactions
  • Integrated with Accounts Receivable, Accounts Payable, and General Ledger Module
  • Enhances decision making by providing daily, weekly, monthly and yearly reports
  • Enables recording of cash deposit and checks at bank
  • Multiple reports: Bank transaction report, Bank balance report, Bank reconciliation report
  • Acts as centralized data store. All transactions posted find place in the general ledger
  • Customized GL Posting e.g. either day to day or month basis for Trial Balance and Balance sheet
  • Transaction Dates can be changed afterwards for any transaction
  • Transactions can be locked so that no one can edit it. Transactions once locked can be unlocked and a log of this is maintained in the system to check who and when unlocked the transaction
  • GL Inbox for GL transaction approval
  • Customized Balance Sheet Template asper company’s format
  • Customized Font Name, Font Size, Bold for each line of Balance Sheet
  • Lock Balance Sheet so that only authorized person can unlock it and edit
  • Provisional Vouchers Entry which affects Balance Sheet. Print
  • Periodic Balance Sheet. Export Balance Sheet in excel for manual corrections
  • Date Summary for GL is available in info screen
  • Drilldown from all info screens to transactions
  • Trial Balance, General Ledger posted/un-posted in different formats
  • Flexible reporting system to print reports for multiple accounting periods, general ledger accounts and range of values. Export all reports to Excel
  • Multiple reports: Journal, Ledger, Trial Balance, Income statement, Balance Sheet

Start typing and press Enter to search