Accounting

QuickEasy BOS includes a comprehensive set of accounting functions that comply with GAAP and IFRS. Key features include reporting for multiple business segments, multiple currencies, and customisable transaction modules. Here are some of the tasks you can accomplishing using QuickEasy BOS:

General Accounting Functions

Also see:

Custom Transaction Types 
Customise the interfaces from which transactions are created. Tailor these interfaces to be rigid or flexible.

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Foreign Currencies
Record transactions in multiple currencies.

Automatic currency updates and conversions simplify the process.

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Multiple Entities
Create as many business segments as needed.

Allocate transactions to business segments and view separate or combined financial reporting.

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Multiple Ledger Displays
Display conventional ledgers, transaction lists, and detailed transaction entries.

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Project Progress Invoicing
Implement project progress invoicing, ensuring timely and accurate billing for ongoing projects.

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Service Billing
Integrate timekeeping with invoicing, ensuring accurate and timely billing with customisable rates.

Knowledge Base: Service Manager
Knowledge Base: Timekeeping
VAT Control
Create VAT Types to separate the VAT component of transactions to comply with tax regulations.

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Receivables

Account Payment Reminders
Customise and email payment reminders.

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Customer Statements
Email customer statements as often as required.

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Manage Customer Deposits
Customise customer terms to manage payment due dates and deposits.

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Suspend Overdrawn Accounts
Use customer statuses to suspend overdrawn accounts.

Include work-in-progress on the customer age analysis to manage customer’s credit limits.

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Payables

Generate Supplier Invoices
Generate supplier invoices based on timekeeping records for contractors.

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Manage Credit Limits
Include purchase orders as work-in-progress on the supplier age analysis to manage credit limits.

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Remittance Advices
Email remittance advices when payments are made.

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Reports and Dashboards

Comparative Views
View the financial reports including monthly and historical side-by-side comparisons.

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Custom Reports
Create or request bespoke reporting to display the data in a format that makes sense to you.

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Entity or Group Reporting
Display the profitability for separate business segments and for all the segments combined.

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Financial Reports and Dashboards
Manage your business using detailed financial reports.

A dashboard displays incomplete transactions and accrual account balances.

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Interactive Reports
Group and filter management reports and drilldown to the transactions or ledgers.

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