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The Financial Accounting system is designed to help you automate your accounting activities. The primary function of the system is to record, control, classify & summarize financial transactions. Every business organization must maintain its daily records accurately and focus on its optimum performance by taking the right decisions. Smart Accounting is designed to help you meet this objective
Achieve your business goals by tracking your finances. The system consists of the following modules:
Product Features
Menu-Driven
The system is completely menu-driven making it easy for even non-computer literate user to quickly learn and use the system.
Bilingual
The system can be operated in either English or Arabic language. Employees not familiar with the package can enter data in English while Managers can view the same data in Arabic.
Multi-Currency
This feature allows you to maintain accounts of foreign suppliers and Customers in the foreign Currency. This allows Statement of Accounts for foreign Suppliers and Customers to be generated either in Foreign Currency or Local Currency.
Cost Centers
The system incorporates a Cost-Centre Analysis Module which allows you to allocate Income/Expenses to Various cost centers and analyze the profitability of each cost Centre. This feature will be well-appreciated by Contracting companies which need to Know the profitability of each contract.
Budgeting
You can allocate budget for Accounts at the beginning of the year and the system will track your actuals against the budgeted value and give you the necessary information regarding deviations from the budget. Such information will give you the ability to take corrective action before things get out of hand.
Automate Paper-Work
Smart Accounting can print all receipts, payments, invoices, etc. on pre-printed stationery thereby eliminating the paper work required for such transactions.
Multi-User Support
Smart Accounting can handle any number of users simultaneously.
Applications
Product Advantages
Proven Technology
Smart Accounting System is currently installed in over 150 companies in Kuwait and Dubai. This means that you get a reliable and working solution. A visit to one of our Client's site can be arranged to see the software in action. Our Clients include multi-million dollar companies involved in diverse fields such as Food-processing, Spare Parts, Construction work, General Contracting, Trading, etc. The software currently runs on networks with 10 to 20 users accessing the data simultaneously and performing tasks such as Invoicing, Voucher entry, Report generation etc.
Full Security
Depending on the number of users accessing the system, you can restrict the access of each user. You can specify which user can execute which module in the system. You can even specify which accounts can be accessed by each user. This will prevent users from accessing sensitive accounts such as Bank Balances, Cost of Materials and Profit.
On-Site Demonstration
To see how the system can be used effectively for your company's requirements, a demonstration of the systems capabilities can be arranged at your Company's premises. You can see the benefits of the system before committing anything.
Open System
The System is designed as an open system and can interact with other systems. It can also import accounting data generated by other systems.