Smart Accounting system contains all the necessary tools to streamline your accounting operations. Some of the Key features of the product are listed below:

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 CENTRES : The system incorporates a Cost-Centre Analysis Module which allows you to allocate Income/Expenses to Various cost centres and analyse 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 budgets 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 budgets. 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.

BUILT-IN NETWORK : The system has built-in networking capabilities to deploy it on a networked environment.

Advantages:

PROVEN TECHNOLOGY : Smart Accounting System is currently installed in over 30 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 and 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.

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.

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, Profit Margins etc.

Technical Features:

Unlimited number of Levels in Chart of Accounts.

Search Accounts by Account Code or Name.

Print Receipts, Payments, Statement of Account etc. on Pre-printed Stationery.

Print All reports on Screen, Printer or ASCII file.

Switch Language between English and Arabic any time.

Print Customer and Supplier Aging reports categorized on number of unpaid days.

Audit Trail allows you to View Summarized details of accounts and allows to Zoom down to the details.

Lock days or Months so data for the locked period cannot be modified or deleted.

All transactions are posted On-line.

Edit Transactions even after they are posted.

Enter transactions of 2 years simultaneously allowing you to enter data of new year before the current year is finalized.

Bank Reconciliation allows you to reconcile your books with the Bank Statement.

Reminders Module allows you to define recurring transactions which can be automatically posted when the are due.

Prints Comparison data between current year and Last year in reports such as Trial Balance, Balance Sheet etc.

Print Customer and Supplier Statements either in Local currency or Foreign Currency.

Depreciate Assets using a depreciation method of your choice.

Define Unlimited levels of Cost Centres and Link Cost Centres either to Accounts or Transactions.

And much more...