BMS Provides a Complete set of transactions which simultaneously updates the general ledger ,Cost accounting, Budget figures, Prepaid and Depreciation entries.
Posting Template Voucher
Manage Accounting Vouchers with unlimited number of debit & credit
Performs Difference of Exchange entries & end of year Closing Procedures
Manages Accounts reconcilement and aging
Outputs multiple journal ledgers
Outputs Movement and aged trail Balance
Manages TVA & Taxes
Consolidates Statements of accounts
Consolidates accounts per cost centers .
Reports Balance Sheet ,Profit & loss Statement per Cost Centers
BMS Provides a powerful tool to manage payables .Each invoice is tracked until full settlement. Due Dates of Payments are managed for each invoice according to predefined rules. A purchase invoice is directly posted into agenda of payable, and updates directly the general ledger as well a the cash forecast report .Credit limits are controlled during invoicing.
One of main features a manager would like to include in his financial budget is the ability to compare actual results to the budgeted one, give the ability by adding and increase or a decrease factor, splitting amounts on different periods.
Budget System :
BMS Provides an assets ledger in its standard financial package. This ledger is updated from purchase invoice. Manage prepaid expenses .keeps track of initial amounts ,YTD Depreciated amount, and Cumulative depreciation. Generates Depreciation entries.