The system is completely menu-driven making it easy for even non-computer literate user to quickly learn and use the system.
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.
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.
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.
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.
Smart Accounting can print all receipts, payments, invoices, etc. on pre-printed stationery thereby eliminating the paper work required for such transactions.
Smart Accounting can handle any number of users simultaneously.
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 Clientâ€™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.
To see how the system can be used effectively for your companyâ€™s requirements, a demonstration of the systems capabilities can be arranged at your Companyâ€™s premises. You can see the benefits of the system before committing anything.
The System is designed as an open system and can interact with other systems. It can also import accounting data generated by other systems.
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.
Simultaneously work in two consecutive periods
Manual / Automatic Account Code Generation
Print Receipts, Payment, Statement of account on preprinted stationery
Reports can be directed to screen, printer & various formats like Excel, Dbase, SQL, Text, etc.
Switch from single-currency to multi-currency
Powerful security system with flexible definition of each user authorities or group on account level
Cost-center definitions at Account- level or at transaction level
Multiple documents with independent serials
Online clearing of invoices against cheques / payments / receipts
Ageing analysis with automatic/manual due dates
Keep history information up to 10 years with clearing facility
Budgeting integrated with chart of accounts
Locking of specified period
Posting to any period in the current or previous year
Complete audit trails
Handles the supplier information &terms of payment
Fully integration of AP, AR to GL
Flexible analysis reports
Flexible budgets, allocation & comparison
Track all type of assets throughout their useful life from purchasing to write-off
Support various depreciation, processing periodically
Fix assets integration with cost centre & GL
And much more...