Biztrak Online Cloud Accounting Software is packed with a powerful suite of modules and features designed to streamline your financial processes, gain real-time insights, and make informed decisions that drive your business success.
General Ledger Management
- General JournalEffortlessly record and manage financial transactions.
- GL ReportGenerate comprehensive general ledger reports for insights into your financial position.
- Trial BalanceVerify the accuracy of your accounting records with detailed trial balance reports.
- Balance SheetGain a clear picture of your financial health with comprehensive balance sheets.
- Income StatementAnalyse your business performance with insightful income statements.
Sales and Purchase Management
- Sales QuotationPresent professional, customised offers to potential customers.
- Purchase QuotationGather competitive bids from suppliers for informed purchasing decisions.
- Sales OrderConfirm accepted quotes, track order details, and trigger fulfilment processes.
- Purchase OrderFormalise agreements with chosen suppliers, tracking order details and deliveries.
- Goods Received NoteVerify received goods against purchase orders, updating inventory records.
- Delivery NoteDocument delivered goods, ensuring accurate inventory and customer records.
- Sales InvoiceGenerate invoices for delivered goods/services, triggering accounts receivable tracking.
- Vendor InvoiceReceive and manage vendor invoices efficiently, triggering accounts payable tracking.
- Sales Invoice (Account)Record issued sales invoices in the accounting system, managing customer balances.
- Vendor Invoice (Account)Record received vendor invoices in the accounting system, managing supplier balances.
- AR Credit NoteIssue credits to customers for returns, discounts, or errors, adjusting receivables.
- AP Credit NoteReceive credits from suppliers for returns, discounts, or errors, adjusting payables.
- AR Debit Note Increase customer balances for additional charges or errors, managing receivables.
- AP Debit NoteIncrease supplier balances for additional charges or errors, managing payables.
- Customer Aging ReportAnalyze outstanding customer balances and overdue durations for better collection efforts.
- Vendor Aging AnalysisAnalyze outstanding supplier balances and overdue durations for optimised vendor relations.
Cash Management
- Cash ReceiptRecord and manage cash receipts efficiently.
- Cash PaymentProcess cash payments with ease.
- Invoice/DN ApplyThe payment or credit note matching function enables users to offset invoices or debit notes.
- Bank Transaction Details ReportGain a detailed overview of your bank transactions.
Comprehensive Tax Management
- Tax Details & Tax ScheduleManage tax details and schedules efficiently.
- Tax Return PeriodDefine tax return periods accurately.
- Tax ReconciliationReconcile tax data seamlessly.
- Tax ReportsGenerate comprehensive tax reports.
Branch Accounting Management
- Multi-Branch ManagementCreate and manage individual accounts for each branch, and generate branch-specific financial reports (P&L, balance sheet, etc.).
- Inter-Branch TransactionsRecord transactions between branches accurately and efficiently.
- Budgeting and ForecastingSet individual budgets for each branch based on performance expectations, and track actual performance against budget in real-time.
- User ManagementGrant access and permissions to users based on their roles and branch responsibility, and track user activity and audit financial transactions
- Reporting and AnalyticsSeamlessly integrate with other accounting modules (e.g., General Ledger, Accounts Payable, Accounts Receivable).
- ScalabilityAdapt to the growing number of branches and increasing financial complexity.
Fixed Assets Management
- User-Defined Assets CategoryOrganize assets in a way that aligns with your Balance Sheet structure.
- Depreciation MethodsAutomate depreciation calculations based on selected method and asset lifespan.
- Asset RegisterCentralized repository for all asset information, including purchase cost, depreciation method, disposal values, and updated depreciation figures.
- DisposalSystem automatically calculates gain or loss on disposal based on purchase cost, accumulated depreciation, and disposal value.
- Fixed Asset ReportsGenerate reports on various aspects of your fixed assets, including depreciation expense during a specific period. net book value of assets after depreciation, and summary of assets by category.
Real-time Insights at Your Fingertips
- DashboardVisualize key financial metrics with our interactive dashboard.
- Gross Profit MarginTrack your gross profit margin to assess profitability
- Operating Profit MarginAnalyze your operating profit margin to measure operational efficiency.
- Net Profit MarginMonitor your net profit margin to evaluate overall profitability.
- Operating Expenses Gain insights into your operating expenses for informed decision-making.
- Operating Expenses (OPEX) RatioAnalyze your operating expenses as a percentage of revenue.
- Income & Expenses for 12 monthsTrack income and expenses trends over a year.
- Revenue & Cost of goods sold (COGS) for 12 monthsMonitor your revenue and COGS trends over a year.
Robust Reporting and Data Exchange
- ReportsGenerate a wide range of standard and customized reports to meet your business needs.
- PDF/Excel Exports Export reports to PDFand Excel formats for further analysis and sharing.
- eBridge (Import & Export)Seamlessly exchange data in multiple formats with various business systems.
- Bi-directional CommunicationEnjoy effortless data exchange with bi-directional communication capabilities.
- Flexible Batch ModesProcess data efficiently with attended and unattended batch modes.
Global Reach and Adaptability
- Multi-currencyManage transactions in multiple currencies with automatic exchange rate conversions.
- Multi-languageChoose from a variety of user interfaces to cater to your language preferences.
- User-friendly InterfaceExperience an intuitive and easy-to-use interface for seamless navigation.
- Online Subscription and RegistrationSign up and register for Biztrak Online Cloud Accounting quickly and easily.
- Easy Sort & Filter Organize and analyze data efficiently with advanced sorting and filtering options.
- Drill-down CapabilityGain deeper insights by drilling down into specific data points.
- Virtual Closing & Flexible Accounting PeriodsClose your accounting periods virtually and manage flexible accounting periods.
Unmatched Security and Protection
- Security Access ControlDefine granular user access permissions for enhanced security.
- Security System SettingConfigure security settings to safeguard your financial data.
- Option to Lock TransactionsProtect critica transactions with locking mechanisms.
- GL Audit TrailMaintain a comprehensive record of all transactions for auditing purposes.
- System TimeoutSet system timeouts to prevent unauthorized access.
- Credit Limit and Credit Terms CheckManage credit limits and ensure adherence to credit terms.
Start Your Free Trial Today
Take the first step towards financial success and sign up for our free trial today.
Sign up now and experience the Biztrak difference!