Accounting and Financial Management ERP Software

Accounting Management System

When businesses and organizations like real estate, property, the travel industry, marketing, POS, banking, etc. have a business portfolio, one key point in ensuring optimal development and reduced spending is the rational management of these businesses. Nizi Solutions offers an integrated accounting management system, Open Source, providing comprehensive, consistent accounting and finance management software and monitoring procedures. The system consists of two integrated modules:

Management is the core module designed to facilitate a comprehensive accounting management system, open source for accounting and finance, point of sale, purchasing, inventory, warehousing, manufacturing, fixed assets, dimensions, bank accounts, general ledgers, Payroll, Human resources, and insurance, among other requirements.

The accounting and finance module is supplementary and ideal for monitoring building work, accounting, finance, repairs, property conversions, and so on.

Determining all the necessities, Nizi Solutions gives you the solution for accounting management systems, payroll, and human resource management software. The accounting and finance management software includes the following features:

Welcome to Nizi Solutions. Our specialty is accounting systems for medium to large companies, and our popular web-based accounting software is a simple but powerful system for the entire ERP chain and covers:

Purchase Orders
Goods Receivable Notes
Supplier Invoices/Credit Notes
Payments
Allocations
Accounts Payable
Items and Inventory
Stock
Manufacturing
Fixed Asset

Sales Orders
Customer Invoices/Credit Notes
Deposits
Allocations
Accounts Receivable
Dimensions
General Ledger with Budget
Languages
Currencies
Several Companies

Sales And Accounts Receivables

Open Customer Accounts and Customer Branches
Make Sales Areas, Sales Types, Sales Groups, Salesman Groups
Make Sales Groups for grouping Customer Branches
Prepare Sales Quotations (with inquiry and creating of Sales Orders)
Prepare Sales Orders and Goods Delivery Notes
Prepare Customer Invoices and Credit Notes
Make Batch Invoicing for more than one delivery order.
All of the Sales documents are completely editable and printable
Point of sales definitions for better handling of cash sales
Customer Payments and Allocations
Company logos can be attached to sales documents
Dimensions can be selected for Sales Delivery and Invoices
Shipping Costs and Legal Text can be added to Invoices

Inventory and Stocks

Record Stock Items
Define Item Categories and Item Locations
Record location transfers and other adjustments
Set re-order levels for Inventory Items
Automatic calculation of average material cost (per unit)
Application of standard and overhead costs, into material prices
Quantity of Items can be measured into standard units
Foreign codes registration for barcode scanner entry

Purchases and Accounts Payable

Open Supplier accounts
Make Purchase Orders, Goods Receival Notes and Payment Terms
Clearing of Goods Receival Notes
Entry of Supplier price lists & related conversion factor into purchase prices
Prepare Debit Notes and record Credit Notes from Suppliers
Supplier Payments and Allocations
Company logos can be attached on documents
Dimensions can be selected for Purchase Orders and Purchase Invoices
Option of attaching scanned documents with transactions

Manufacturing

Prepare bills of materials, Work Center inquiries and Work Order entries
Feasibility of adding advanced production and simple assembling features

Fixed Assets

Fixed Assets Purchase
Fixed Assets Location Transfers
Fixed Assets Disposal
Fixed Assets Sales
Fixed Assets Movements
Fixed Assets Inquiry
Process Depreciations
Locations, Categories and Classes

Dimensions

Two level of Dimensions are possible. You setup this in Company Setup.
Two levels could be: Departments, Cost Centres.
One level could be Cost Centre or Project.

Cash and Bank

Open Bank and Petty Cash Accounts
Record payments, deposit and withdrawals in related accounts
Various currencies can be added and foreign currency translation is also done
Record bank enquiries and reports
Prepare bank accounts reconciliation
Transactions can be made void and reprinted

General Ledger

Open general ledger accounts, account classes and groups
Record journal entries and budget entries
Generate ledger accounts detailed enquiries with drill down reports
Make journal enquiries with an option to view journal entries
Closes the fiscal year and brings forward retained earnings
Record depriciation entries on period based
Make journal entries with corresponding entry in supplier / customer account
Filter General Ledger reports by dimensions
Quick entries (preset GL transactions) in bank deposit/payment, journal entry and supplier invoice/credit