Friends FMS - Features

Basic Features (module wise):

Finance:

  • Entries posted in Journals will be immediately settled in the Ledgers, Trial Balance and Balance Sheets.
  • Any time availability of journal, Ledgers, Trial Balance and Balance Sheet Reports.
  • Facility to define different expense and income heads to handle all transactions.
  • Facility to drill down figures right up to the Voucher Level to view how and when a particular figure was construed.
  • Facility to add, handle various Bank Accounts.
  • Facility to handle the Taxes and their impact on the products.
  • Facility to set the credit limits for vendors as well as for customers.
  • Facility to handle the purchase orders and invoicing from Purchase and Sale departments.
  • Facility to check the status of finances in regards of finance allocation for purchasing, hence restricting purchase orders for new purchases if no funding available.
  • Enhanced Reports that will help in generating the financial position of the company as-of-now, history and future forecasting.

Bank:

  • Several bank accounts.
  • Detailed payments and deposits.
  • Currencies.
  • Currency rates by date (historical).
  • Bank inquiries and reports.
  • Bank accounts reconciliation.

General ledger:

  • Unlimited number of accounts.
  • Account classes.
  • Account groups.
  • Manual journal entry with dimensions entry.
  • Budget entry even on dimensions.
  • Detailed inquiries and reports.
  • JournaleEnquiry with edition/view of journal entries.
  • Quick entries (preset GL transactions) in bank deposit/payment, journal entry and supplier invoice/credit.
  • Closing a fiscal year also closes the balances and brings forward retained earnings.
  • Deleting a fiscal year removes all transactions and convert into relevant open balances.

Reports:

  • A considerable amount of reports can easily be printed out into PDF.
  • Period selections can be made over seleral financial years.
  • Documents with forms and logos can be batch printed out and automatically emailed customers - invoices can be selected with an electronic payment link.
  • Several reports can be supplied with Business Graphics. Options are charts with Horizontal bars, Vertical bars, Dots, Lines, Pies and Donuts.

 




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