Accounting is a key component of business management and is in charge of keeping track of and documenting financial transactions. It offers information about a company's financial health, allowing for well-informed decision-making and adherence to legal requirements.
The list of different features of the Accounting module are...
Users of the accounting module can enter, classify, and keep track of financial transactions such as transfers, expenses, and revenue.
It makes financial account reconciliation possible, ensuring that recorded transactions and real account balances are in agreement..
Users can create budgets and monitor how well they stick to their financial objectives.
It helps in calculating and managing taxes, making tax season less stressful for users.
Integration with banks or financial institutions for automated transaction imports and account reconciliation.
Sends reminders for bill payments, invoices, and other financial obligations.