Purchase Accounting
Nilram data processing purchase accounting system provided appropriate facilities to record, track, control and finally reporting of information associated to the rial creditor situations and with such a feature all organization levels associated to this system can manage their request in this field.
Some of covered processes:
- Managing merchandise/service supply contracts and controlling the contract (amount/original)
- Recording supply invoices and the associated receipt pricing and its special recognition
- Recording purchase invoices for payable goods and material and combined
- Anticipating Goods/service price at next terms (application at budget- cost)
- Request for payment and offering the time and amount of payment
- Investigating supporter performances (calculating delays and penalties)
- Recording and managing fund expenses and imprest funds
- Receiving seasonal purchase and sales files and reports in the finance department format
- Issuance of debit and credit memos according to its reference
- Issuance of financial mission –the creditors account analysis and adjustment
- Designing and executing workflow on all processes and conditioning for confirming steps and their flow in worktable
- issuance document automatically to financial accounting department without requiring user or the software intelligence
- Designing and executing workflow on all processes and conditioning for confirming steps and their flow in worktable
- Resulted reports in the form of (HTML-EXCEL- XML-PDF)
- Recording and reporting in various currencies and languages (multi-lingual and multi-currencies)
- Possibility of attaching required documents in any format and amount
- Output reports can be in the Excel format
- Inserting a signature to all reports according to workflow
- Preparing change histories per any field
