Accounts & Finance

• Consists of voucher entry and bills of expenses.
• Purchase bills and sell invoices are generated by the system from the base chalan.
• Reports include daybook, ledgers, trial balance, trading account, manufacturing account, profit & loss, receipt and payment, balance sheet, cash flow statement.
• GST return is generated automatically.
• ‘True’ provides for balance sheet and P&L A/C in any format as per the requirement of the auditor.
• ‘True’ also generates ‘Trading A/C’ and even ‘Manufacturing A/C’ as per the requirement of the auditor.
• ‘True’ provides for the balance sheet and P&L even as per ITR format.

Extra-ordinary features include:

• Encrypted ledgers for confidentiality.
• Computerized audit of B/S and P&L. Incompatible entries and those not conforming to accounting standards are highlighted in ‘Problems’ report.
• Reconciles bank account and highlights differences.
• Computerized inter branch reconciliation.