FINANCIAL MANAGEMENT SUITE (FAS)
It is popularly said "Money is Blood for any Going Concern"
In view of that, Finance is the heart of any organization/entity as almost every department or activity in the organization/entity is linked or associated with the functions of Finance
ERP Offering of Virmati expands on this & is crafted to offer seamless integration with various heterogeneous applications & business modules of any organization/entity.
The application is designed the way to meet all the basic requirements of your organization including budgeting. If controls the inflow and outflow of the funds with high level monitory mechanism. Authorities can see the utilization of each and every fund value. The system has self-auditing feature with pre-defined work flows. Add-ons the basic Accounting, system has following modules.
ERP Modules
Highlighting Features
- Multi Lingual Application supports Unicode Based Fonts
- Three layer account coding expandable up to 6 layers
- Accrual Based Double entry accounting system
- Branch -> Ho Accounting / Budgeting
- Online budget monitoring
- Advance & its Settlement with all the possibilities.
- All Statutory Reports on Single Click with real time updation
- Expenditure budget management
- Ascii & XML format’s support for import of data.
- Reports & Vouchers printing
- Integration possible with any application.
- Flexible work flow
- Content management
- Amount wise passing level setup.
- Purchase order and its running bill tracking
- Integration of deductions with Deposit and Mobilization advance.
- Any level file search
- Cheque printing, ECS & Outward
- Costing
- Bank Reconciliation
- Bank Reconciliation online & Automated
- Excel format, Text format, CSV format statement can be uploaded directly to system
- Automated matching and Manual force matching process
- Final list of entries
- Cheques issues but not claimed
- Cheques presented but not cleared
- Charges, Interest entries
- User defined periodical process
- Grant Management
- Individual Grant Accounting
- Both way Grant management Financial resources to Organization & Organizations to Departments, Sub Branches
- Grant Receivable alerts
- Grant utilization report and online monitoring while expense booking
- Grant wise balance sheets & In and Out reports
- Real time updation
- High level interactive MIS
- Investments
- Multiple types of investment account monitoring
- Investment register
- Due Diary
- Interest Due alerts
- Borrowing accounts maintenance
- Repayment information monitoring
- Auto alerts for repayment
- Interest calculation if any
- Fund wise investment and borrowing management
- Budget
- Complete Dynamic Budget Generation
- Hierarchy based Budget Generation upto n levels
- Budget management & Monitoring
- Budget Revision & Transfer
- Individual Head wise monitoring
- Periodic monitoring
- High level interactive MIS
- Work Order / Payment Management
- Work order Issuance
- Running Bill Management
- Party wise Outstanding Work order management
- Work order wise outstanding payment management
- Any time analysis for Payments done under a work order
- Highlevel Drill down View
- Project - Budget - Work order Monitoring at one screen
- Work flow based payment authentication
- User Rights Mechanism