Pentasoft Accounting has powerful and robust features to help you run your business effectively and efficiently. Pentasoft Accounting is a perfect fit for small, mid sized and large companies looking for an accounting solution that supports advanced accounting and business functions and financial reporting that is in compliance with the IFRS.
Module Features
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Accounts Receivable
- Invoice generation (recurrent or one time).
- Credit Note generation.
- Debit Note generation.
- Receipting of incoming payments.
- Periodical client statements.
- Debtors Report.
- Debtors aging report.
- Periodical sales analysis report.
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Accounts Payable
- Accounts payable invoice generation.
- Accounts payable credit note generation.
- Accounts payable Debit note generation.
- Outgoing Payment processing.
- Periodical supplier statement.
- Creditors Report.
- Creditors aging report.
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Banking
- Currency exchange rate input.
- Bank reconciliation processing.
- Bank reconciliation reports.
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Budgets
- Periodical budget preparation.
- Budget updates.
- Budget reports.
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Cost Accounting
- Cost Centre’s definition and creation.
- Cost centre expenditure reports.
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Ledgers
- Chart of accounts.
- Journal Vouchers.
- General Journal Report.
- G/L summary reporting.
- Transaction Reversal Processing.
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Financial Reports
- Statement of Comprehensive income.
- Statement of financial position.
- Cash flow statement.
- Statement of changes in owners’ equity.
- Trial balance.
Added Benefits of the Module
- Seamless integration with other Pentasoft modules.
- Flexible
- Reliable.
- Effective business management.
- Real time financial reporting.
- Departmental or business unit reporting.
- Ease of use.
- Easy navigation.
- Clear process flow.
- Financial reports compliance with IFRS.
- Unlimited number of users.
- Cost savings.
- Good governance.