MONEY MANAGEMENT
Accounts are the true reflection of every organization's health. It's that part where everything gets summed up in perfection. IFW ERP aims at giving you absolute perfection in managing your day to day accounting process
The Accounts module in IFW ERP is designed after extensive research so that your accounting team can relate to it and work on it quickly. It ensures data accuracy through various checks and balances.
What will you get
Module Highlights
- Accrual based Accounting.
- Auto created individual Student Ledgers.
- Auto posted Income Accrual Vouchers.
- Auto posted Receipt Vouchers.
- Auto created Ledgers for Fee heads and Discounts.
Frequently asked questions
How It's Helpful
- Any financial transaction done in any of the ERP modules, such as Fee, Library, Admission, Exam etc. will directly get reflected in the Accounts module.
- Auto posted vouchers ensure saving time and efforts.
- Reverse vouchers are auto posted in case of receipt cancellations.
- Manual voucher posting available for all voucher types if required.
- Previous financial years can be locked to ensure fewer erroneous entries.
- One can easily track the cash flow and its reports in the institute using this module.
USPs Of Accounts Module In IFW ERP
- Automation.
- Comprehensive and reliable.
- Real-time data maintenance.
