Accounts Management – Motakamel Plus ERP
The General Ledger that manages the company's cash and accounting entries and tracks its movements and financial statements.
Key functions
- Add journal entries to record accruals or account settlements.
- Process cash and bank receipt and payment transactions according to the company's documents.
- Record due and returned cheques and handle their status with the necessary entries.
- Allocate customer payments across their multiple outstanding balances.
- Handle letters of guarantee of all kinds: issue, extend and close them.
- Prepare an annual or monthly budget to control the allocations set by the company.
- Issue credit and debit notes and record their balances in the journal.
- Approve and post accounting transactions according to the source documents adopted by the company.
- Produce a range of reports by activity or branch for the general journal, account balances and financial statements.
Key features
- Work with single or multiple daily receipt and payment batches, according to the company's procedures.
- Alerts for cheques or for exceeding account limits, so the required action can be taken.
- Suspend certain currencies on specific accounts, or re-enable them.
- Adopt the default chart of accounts provided by the system, or adapt it to the company's own requirements.
- Document the marketing-card movements of daily sales items and post their entries to the related accounts.
- Reconcile bank accounts between the bank and the company and record the necessary bank adjustments.
- Daily follow-up through summary and analytical account reports with multiple options.
- Drill down from an account statement to the original documents to see their details.
- Evaluate the result of operations through an income statement for any custom period.
