*CHART OF ACCOUNTS
The system includes existing Georgian Chart of accounts. Nevertheless it is possible to open or amend any kind of account of different structure, for example international standard of accounts. The system allows opening any number of sub-accounts for each account on order to ensure possibility of analytical accounting and the level of embedding shall be determined by the customer and does not depend on the type or function of the account. The system allows to maintenance off-balance accounts.
Each an account in the system is considered as multicurrency, I.e. the existence of the currency transactions for corresponding account. Therefor balances, turnovers, account statements can be obtained both in certain currency and as overall pivot statement in equivalent of GEL or any other currency.
To perform a transaction the date of the transaction shall be included, as well as memorial number, name of the project, debit and credit account, currency, the basis of the transaction, if required, quantity for analytical accounting. Simultaneously with the transaction it is possible to print out any initial document with mechanical inspection of necessary data. Every action will be registered in the transaction Journal. To retrieve, filter and print the record can be done for any period of turnover.
*GENERATOR OF MULTI-ENTRY OPERATIONS
The system allows performing any transaction or set of transactions with simultaneous calculation of all necessary amounts or values. The special tools are available in the system for this purpose. These tools make possible to make up a dialogue with the system and indicate what particular calculations and transactions should follow it certain operation. Later selecting this type operation will automatically result in appropriate calculations and transactions. All the same time it is possible to form the initial documents automatically. Each of such actions will be fixed in the operation journal. It is possible to retrieve, filter and print the record for any turnover period.
*OBTAINING STATMENT FOR ANY PERIOD OF TURNOVER
It is enough for the system just to indicate the time interval: year, quarter, month or any time interval from date-to date to ensure that the system will recalculate any desirable statement for the given period: turnovers, balances, abstracts from accounts.
The system ensures calculation of the personnel salaries according to the procedure stipulated by local law as well as procedures taking into account the way existing with the enterprise. The system produces payrolls of salaries, extra charge calculations and personnel cards. It allows retrieving the produced payroll from the archives or calculating extra charge based on previous considered periods. It is possible to register the data of the payroll (after it has been formed) as a transaction and enter it to the General Ledger.
*ACCOUNTING OF FIXED ASSETS AND RELEVANT OPERATIONS
The system accounts fixed assets. For this purpose it is Necessary to indicate inventory number, the dates of manufacturing and putting into service, balance and remaining costs, depreciation and appreciation factors; department and person responsible for it, etc. Based on these data the system allows carrying out wear tear, Appreciation and downgrade operations with their simultaneous Transactions.
*THE FACILITIES OF CONSTRUCTING INPUT AND OUTPUT STANDARD OR NONSTANDARD FORMS
The system includes report writer allowing formation of any standard or nonstandard accounting or other type of economic forms. When compiling the form it is possible to indicate which value where to place. Thus the form once compiled in such way will be formed automatically any moment of the operation of the system.
*AUTOMATICAL RECULCULATIONS FOR CURRENCY ACCOUNTS
The system makes possible mechanically recalculations of the currency account with simultaneous execution of the corresponding transactions. In this case only indication of currency, the exchange rate and necessary account for the transaction is required. The system will repeat the operation if the currency operation or exchange rate ware not correct.
The system ensures both financial and quantitative accounting making possible to take into account storage, sales and delivery operation. The corresponding balances, turnovers and assist will be obtained (produced) both in financial form and in quantities.
*OPERATION IN NETWORK
The system can operate in multi-user mode. For instance same of the users will be engaged only in transactions some in payrolls, some in forming balances, sheets and in other forms. It is possible to allow the intersection of the functions or forbid it.
The system makes possible to perform the transactions and operations for certain turnover period as well as for any past or future time. The correction of the past operation will result in automatically recalculation of the relevant parameters. The future operations can be used for planing and budget planing purposes.
The customer can carry out the financial, analytical or economic accounting for different aspects of operation of the enterprise. The only thing required to do it is indicator of the aspect (in form of project) and the system will form all necessary data for this project balances, turnovers, sheets and other forms.