|
Unlimited users can simultaneously view or enter information across
a LAN. FAS automatically detects whether it is being used under
a LAN system, and no separate programs need be purchased or
run.
You can define the Security and Access for each User, or a group
of users, or simply not define and security measures for any user.
Total control over data security, integrity and
reliablility. In Financial Management System creates user defined security levels
with Tally. You can choose who is allowed or disallowed access to each option.
You can also create custom security levels and different users can be put under
any of these levels. With the TallyAudit facility, you can now know who made
or altered each entry.
The environment setup module is used to set all the parameters
required to run the system. This setup is used to configure the
system for a particular organization.
Country and Cities
User can define multiple countries and their cities. This definition
is used throughout the system wherever country or city input
is needed. An input list is made available to the user where
user can easily pick one of the predefined country or city.
Auditors
User can record details of different auditors that may be working
with some of the companies of the group. This record is used
at the time of associating auditors with companies. If the same
auditor is working with multiple companies, the user does not
need to input auditor details for each company.
Standard Narrations
User can add narrations to be used in vouchers. These narrations
are made available at the time of voucher entry so that user
does not need to type in same narrations every time he she enters
a voucher. An input list of defined narrations is made available
to the user where user can easily pick one of the predefined
narrations.
Bank Account Types
User can define different Bank Account Types, e.g. Current, Savings,
etc. An input list of defined narrations is made available to
the user where user can easily pick one of the predefined narrations.
Banks and Bank Branches
User can define different Banks and their Branches. For each branch
user can record the address, phone numbers and contact persons.
Parent and Child Companies
User can define a group of companies. A parent company can be defined
with its details. For each parent company, user can define multiple
child companies with their details like addresses, National Tax
Number, Sales Tax Number, Established date, Business Nature,
Directors of the company etc. For bank account defined for each
child company, an automatic entry is generated in the Chart of
Accounts to represent the Bank Account of the company.
Directors of companies
User can define Directors and their contact details. User can associate
each director with a predefined company by giving a number of
shares that the director has in a company. The system automatically
calculates the percentage sharing in the company shares.
Chart of Accounts
User can define a Chart of Accounts up to level three with the
account code structure 99-99-9999. User can view and print the
chart of account for any level and for any account code range.
Balance Sheet Template
User can arrange the Balance Sheet items according to the required
sequence. User can define places to single or double underline.
User can also define the items where calculated sums are to be
shown by feeding in an arithmetic formula.
Profit and Loss Template
User can arrange the Profit and Loss Statement items according
to the required sequence. User can define places to single or
double underline. User can also define the items where calculated
sums are to be shown by feeding in an arithmetic formula.
Financial Years
User can define the financial years that each company will be using.
Some companies use June to July financial year while other companies
may use January to December year.
Opening Balances
User can give opening balances for each account head defined in
the chart of account.
Budget Control
User can define budget amount against each company for each account
head defined in the chart of account.
Access Control
An administrative level user can create multiple users of the system. Each user
can be given rights to access particular areas of the system only. The user can
be give rights to view only certain reports or can be assigned certain companies
to work on only. It is a comprehensive module that allows customization of each
user's rights. A user's password can be changed at any time by the administrator.
User Access report
Once the rights of the users have been defined, a report can be generated to
keep record of the rights assigned to each user.
The following six types of vouchers are available in the system. Each voucher
is checked before saving, if its debit and credit values are equal. By default
the voucher is not posted in the system. The user has to post the vouchers
by putting a check mark in separate screen.
Voucher numbering is unique within a month and voucher type. User can record
an inter-company transaction in each voucher.
- Bank Payment Voucher
- Bank Receipt Voucher
- Cash Payment Voucher
- Cash Receipt Voucher
- Journal Voucher
- Petty Cash Voucher Voucher Posting is used to post
the saved vouchers.
The system can generate following reports for a single or multiple companies.
The financial statement can either be printed for a single company or consolidated
reports may be generated for any combination of companies.
- Company Profile Report
- Chart of Accounts report
- Balance Sheet template Report
- Balance Sheet
- Profit and Loss template Report
- Profit and Loss Statement
- Notes to the account for Balance Sheet and Profit
and Loss Statement
- Opening Balance Report
- Voucher Listing Report
- Budget Defined report
- Budget Variance Report
- Trial Balance report
- Statement of Account Report
- Cash Book Report
- Bank Book Report
|
