Definable multi-level Chart of Accounts.
Concept of controlling account and sub-ledgers.
Flexible Definition of Financial years and
Definable vouchers and Day Books.
Enterprise/Unit view of financial information.
Receivables and Payables
Automated Payment Processing.
Adjustment of vouchers against Receivables
Comprehensive invoice matching capabilities
/ bill passing.
Definable Receivable transaction types.
Cash inflow and outflow projections based on
Receivables and Payables.
Hierarchical cost centers according to areas of
Automatic generation of Cost sheets.
Allocation of estimated expenditure to cost
Supports allocation of expenditure to multi cost
Supports both fixed and standard costing.
Integrated with GL and material modules.
User can define budget documents and budget
Attachment of Cost centres and Accounts with
Flexible budgets for different periods.
Revision of budgets.
Define assets in a hierarchical structure.
Use definable depreciation rates with different
methods of depreciation.
Automated depreciation calculation and
posting in accounts.
Maintenance of fixed assets register.
Support for sale and purchase of assets.
Additions to the asset definition are possible on
Definable different types of taxes.
Slabs can be defined for different tax rates.
Automatic deduction of TDS at the time of
Generates Tax Deduction Certificates on the
basis of different types of taxes.
Association of accounts with tax for posting.
Multi Currency Accounting
Multiple currencies can be defined in the
Manage transactions in foreign currency.
Automatically performs currency conversions
into base currency.
Enter Buy, Sell and Mid Rate for each
In Reckoner Financials you find an able
assistant through various Statements like:
Balance sheet, Profit and Loss account which
are crucial to any organization.
Cash projections and analysis through Cash
Flexible statements on Assets, Liabilities,
Income and Expense for weekly, monthly and
Definable set of Balance sheet and Profit/Loss.
Standard Reckoner Features
Online Authorization of Documents
True Workflow based system.
In built Mail system.
Alerts can be set in the system to monitor
exception activities or events.
Ensures people access only the information they
need and are authorized to access.