Financial Management

Designed for companies with complex requirements, yet easy to use in smaller organizations, provides a feature-rich accounting suite, fully integrated with Larid’s Customer Management, Distribution Management, Manufacturing Management, Payroll Management, and Project Accounting.

Financial Management Applications

  • General Ledger
    • Built-in Chart Of Accounts.
    • Comprehensive G/L account code up to 48 characters.
    • Segments up to 6 levels.
    • Built-in and Custom Financial Reporting (IFRS,GAAP).

      Journal Entry

    • Flexible Configuration of Financial Periods.
    • GL Accounts Budgeting.
    • Financial Transactions Approval.
    • Recurring Transactions.
    • Reversing and Auto-Reversing Entries.
    • Accrual based and cash based.
    • Batch/Real time posting mode.
    • Quick Income/Expense Entry
    • Transaction Status (Open, Hold, Void).
    • History Search.
    • Graphic Report.
  • Accounts Receivable
    • Recurring Invoice.
    • Multiple Currencies Support.
    • Customer Balances and Credit Limit Verification.
    • AR Aging Reports.
    • Sales Commission Calculation (Flat,% on sale amount, % on profit amount).
    • Sales Analysis.
    • Revenue by customer class.

      Invoice Entry

    • Customer Pricing.
    • Price Markup.
    • Price Blocking.
    • Invoice blocking after printing.
    • Can sell before purchase(Over Sold).
    • Transaction Status (Open, Hold, Void).
    • Post Transactions for Open/Closed Periods/Years.
    • Payment Terms.
    • Multi-payments at invoice entry.
    • Multi-Payment schedule.
    • Early Payment discount handling.
    • Sales Return/Credit Memo Entry.
    • Multi-Slip for one invoice.
    • Refund/Non-Sufficient Fund.
    • Packing slip.
    • History Search.
    • Graphic Report.
  • Accounts Payable
    • Recurring Voucher.
    • Multiple Currencies Support.
    • Vendor Balances and Credit Limit Verification.

      Voucher Entry

    • AP Aging Reports.
    • Purchase Analysis.
    • Purchase by vendor class.
    • Transaction Status (Open, Hold, Void).
    • Post Transactions for Open/Closed Periods/Years.
    • Payment Terms.
    • Check Printing.
    • Multi-Payments at voucher entry.
    • Multi-Payment types/cash accounts
    • Early Payment discount handling.
    • Multi-Slip for one voucher.
    • Purchase Return/Debit Memo Entry.
    • Refund/Stop Payment.
    • History Search.
    • Graphic Report.
  • Banking & Bank Reconciliation
    • Set up as many local and foreign currency bank accounts as you need.
    • Transfer between local bank accounts.
    • Automatically create entries in General Ledger.

      Bank Reconciliation

    • Checks Tracking.
    • Bank Reconciliation.
    • Transaction Status (Open, Hold, Void).
    • Can be used as a separate or integrated with GL, AR, AP.
  • Multi-Currency Management
    • Unlimited Currencies and Rate Types.
    • Configurable Decimal Precision.
    • Complete Tracking of Gains and Losses.
  • Tax Management
    • Value-Added Tax (VAT).
    • Flexible Tax Reporting.

      Tax

    • Invoice, Voucher and Item based tax.
  • Fixed Assets
    • Multiple Depreciation Methods.
    • Monthly/Yearly depreciation.
    • Multiple Asset Types.