Accounting & BookKeeping module for UltimatePOS

Phases-wise features planning:

Phase 1️⃣:

- Charts of accounts

- Account types: Assets, Liabilities, Equity, Expenses, Revenue.

- Pre-configured generally used account details type. Option to add new account details type

- Pre-configured accounts, sub-accounts

- Accounts add/edit/delete/activate-deactivate, initial balance as of a particular date

- Transactions (mapping different transactions to accounts type)

- Journal entry

- Budgeting

- Transfer from one account to another

- Reports – Trial Balance, Balance Sheet, & Ledger

Phase 2️⃣:

- Account reconcile

- Reports – Purchase payment aging, Sales payment aging & more advance reports.

Phase 3️⃣:

- Automatic mapping of transactions based on rules

- Reports – Advance Reporting.