The objective of the accounting system is to ensure minimizing work effort associated with accounting of the main accounts personnel of University. The system operates according to accounting principles as required by the personnel of main accounts.
The system manages activities such as any kinds of billing from any entity. Entity means different funds of the university like EWU, Development Budget, Provident Fund, Pension Fund etc. All the funds of the university maintains individual chart of accounts and multiple accounting processes from single point.
Every day the university accounts officers prepare lots of payment voucher and journal voucher against bills, Investments, Govt. TAX/VAT payments, receive fund from govt. or donor, receive investment interests, university income from different sources, any kind of adjustments etc. This is a huge job, and all time they need to check many documents for much information like budget, paid amount, taxes, dues etc.
The Accounting Management System minimizes all the work effort and increase efficiency and accuracy of work. This system is integrated with the Student Management Information System module of EWU. Any receive related transaction made byStudent Management Information System module will automatically hit the main accounts and system will prepare vouchers automatically. The main advantage of this module is, after preparing voucher this will be posted to ledger [GL,SL,SSL] through proper approval process. After this all the financial statements Trial Balance, Income/Expenditure, Receipt/Payment, Balance sheet will be prepared automatically.
The system also migrated last 10 years vouchers information of existing accounting software (from Tally) to new developed accounting management software.
- Multilayer chart of accounts
- Voucher entry process
- Quicker GL, SL, SSL tracking
- Trial balance in one click
- Financial statements within a few minutes
- Complete Book Keeping
- Ratio Analysis
- Auto/ Customized Invoice No. Creation
- Cost Center wise Accounting
- Department Wise Budget Submission
- Budget Approval and Preparation of Central Budget
- Department wise Budget Allocation and Notification
- Bank Reconciliation
- GL Adjustment
- Transaction report through email and SMS
- Automatic routine backup