Accounting features of CRMS system

Accounting & Bookkeeping

Dashboard:

• Profit & Loss Chart
• Income Chart
• Expense Chart
• Cashflow Chart
• Bank Accounts Overview

Banking:

• Bank Accounts Management
• Banking Feeds:
  • Download Transactions
  • Import Transactions
  • Add/Edit/Delete Transactions
  • Match/Ignore Transactions
  • Verify Account

Transactions Management:

• Mapping Bank Statements to Accounting
• Mapping Invoices to Accounting
• Mapping Payments to Accounting
• Mapping Expenses to Accounting
• Mapping Purchase to Accounting
• Mapping Inventory to Accounting
• Mapping Payroll to Accounting
• Mapping Manufacturing to Accounting
• Mapping Assets to Accounting
• Mapping Sales Order Return to Accounting
• Mapping Sales Refund to Accounting
• Bills Management
• Checks Management
• Register: where you quickly enter money you have received from your customers and payments you have made to your suppliers or vendors
• Banking Rules: to automatically categorize transactions
• Journal Entry: to record transactions in the general ledger
• Transfer: to transfer amounts between accounts
• Chart of Accounts: a list of account numbers and names relevant to your company (Asset accounts, Liability accounts, Income accounts, and Expense accounts)
• Reconcile: the process of matching transactions entered into the module against your bank or credit card statements
• Budgets Management: supports preparing budgets to monitor, track, and compare expected income and expenses with actual income and expenses. You can supply budget amounts or use historical amounts.

Mapping Setup:

• General Mapping Setup
• Payslips Mapping Setup
• Purchase Mapping Setup
• Inventory Mapping Setup
• Manufacturing Mapping Setup
• Omni-channel Sales Mapping Setup
• Fixed Equipment Mapping Setup

Business Overview Reports:

• Balance Sheet Comparison: compares assets, liabilities, and equity with the previous year
• Balance Sheet Detail: a detailed view of assets, liabilities, and equity
• Balance Sheet Summary: a summary of assets, liabilities, and equity
• Balance Sheet: a view of assets, liabilities, and equity
• Custom Summary Report: a custom-built report with additional options
• Profit and Loss as % of Total Income: expenses as a percentage of total income
• Profit and Loss Comparison: compares income, expenses, and net income with the previous year
• Profit and Loss Detail: detailed profit and loss information
• Monthly Profit and Loss: income, expenses, and net income for each month
• Profit and Loss: income, expenses, and net income, also known as the income statement
• Statement of Cash Flows: details cash flowing in and out from operations, investments, and financing
• Statement of Changes in Equity: tracks changes in equity over time

Bookkeeping Reports:

• Account List: name, type, and balance for each account in the chart of accounts
• Balance Sheet Comparison: compares assets, liabilities, and equity with the previous year
• Balance Sheet: details assets, liabilities, and equity
• General Ledger: the beginning balance, transactions, and total for each account in the chart of accounts
• Journal: the debits and credits for each transaction listed by date
• Profit and Loss Comparison: compares income, expenses, and net income with the previous year
• Profit and Loss: income, expenses, and net income (income statement)
• Account History: the transaction history for each account
• Recent Transactions: transactions created or edited in the last 4 days
• Statement of Cash Flows: cash flows from sales and expenses, investments, and financing
• Transaction Detail by Account: transactions and totals for each account
• Transaction List by Date: a list of all transactions ordered by date
• Trial Balance: summarizes the debit and credit balances of each account over a period
• Reconciliation Summary: shows beginning and ending balances and which transactions were cleared
• Reconciliation Detail

Sales Tax Reports:

• Tax Detail Report: lists transactions included in each box on the tax return
• Tax Liability Report: shows how much sales tax you’ve collected and owe to tax agencies
• Tax Summary Report: summarizes information for each box on the tax return

Sales and Customers Reports:

• Deposit Detail: details of your deposits, including date, customer, and amount
• Income by Customer Summary: net income for each customer

Expenses and Suppliers Reports:

• Cheque Detail: details of checks written, including date, payee, and amount

Budgets Reports:

• Budget Overview: summarizes budgeted account balances
• Profit and Loss Budget vs Actual: compares budgeted amounts to actual amounts
• Profit and Loss Budget Performance: compares actual amounts to budgeted amounts for the month and fiscal year

Accounts Receivable (A/R) Reports:

• Accounts Receivable Aging Summary: unpaid balances for each customer, grouped by days past due
• Accounts Receivable Aging Detail: unpaid invoices, grouped by days past due

Accounts Payable (A/P) Reports:

• Accounts Payable Aging Summary: total unpaid bills, grouped by days past due
• Accounts Payable Aging Detail: unpaid bills, grouped by days past due

Settings:

• General Settings
• Account Detail Types
• Plaid Environment Setup
• Income Statement Modification
• Currency Rates