Absolute™ Finance helps in hassle free management of general office expenses of the organization with the easiest way to punch the expense in the ERP.
You can easily attach copies of their receipts directly to an expense record to avoid losing them.
To manage the Accounts Absolute ERP having.
Ledgers Creation :
Ledgers can be created automatically while you are adding customer & suppliers. Apart from that we have given add new ledgers option in setting.
While you are making any sales or purchase in the software or you are making any invoice or bill or you are booking any expense in the ERP then it will pass the journal entries automatically.
you can make the journals from the “Add Journal Entry” also if you want to make any entry apart from activities given above.
Trail Balance :
Trial balance as an important financial tool to check the arithmetical accuracy of posting of ledger accounts but with the help of the absolute ERP you will get an auto generated trial balance.It will helps you automatically to balance both debit and credit items of income, expenses, assets, and liabilities.
Profit & Loss Statement :
Auto generated profit & loss statement is an important tool that helps you measure the financial health of your business.you will get the details of your business income & expenses automaticlly.With the help of this you can decide whether your business is profitable within a timeframe, such as a month or a year.
Balance Sheet :
Absolute ERP will generate your business balancesheet automatically on the basis of all the journals & ledgers created by you. Balance Sheet is the essential financial statement through which you measure the net worth of your business.