Deskera Accounting for your business
Deskera ERP provides a comprehensive set of accounting features to help your business manage its finances with accuracy and efficiency. With the Accounts Receivable (AR) module, you can track customer invoices, payments and more. The Accounts Payable (AP) module lets you keep track of supplier invoices and payments. The General Ledger module houses all your financial data, allowing you to easily compare and analyze it. The Journal Entries module helps you make accurate and secure entries into the General Ledger.
Deskera also helps you stay compliant with built-in accounting and tax regulations. The Multi Currency Accounting feature helps track transactions in multiple currencies, while the Fixed Asset Accounting feature helps manage depreciation of fixed assets. Finally, Custom Financial Period Closing ensures all financial data is up to date and accurate. With Deskera ERP, you can be confident that your business finances are in safe hands.
Streamlined AR & AP
Automate accounts receivable and payable processes to reduce manual errors and accelerate payments.
Comprehensive set of accounting tools to manage balance sheet, income statement and trial balance.
Multi Currency Accounting
Configure all transactions in multiple currencies and manage multi-currency exchange rates.
What is accounting software?
Accounting software is a type of computer software used by businesses to manage their accounts and financial transactions. It allows businesses to record and track income, expenses, assets, liabilities, and other financial activities. Accounting software can streamline processes, improve accuracy, and provide useful insights into a business’s financial performance. It can also automate processes such as invoicing, payroll, and tax filing.
What are the types of accounting software?
There are various types of accounting software available, including enterprise resource planning (ERP) systems, cloud-based software, desktop software, and mobile apps. Each type of software offers different levels of functionality and support for different types of businesses
What are the essential elements of accounting software?
Accounting software generally consists of the following essential elements: a chart of accounts, a double-entry accounting system, a general ledger, an accounts receivable module, an accounts payable module, an invoicing system, a payroll system, an inventory management system, and a reporting system. All these components enable businesses to effectively manage their finances, from tracking income and expenses to generating financial reports.
What are the advantages of using accounting software?
Accounting software offers numerous advantages over manual accounting systems, including reduced errors and greater accuracy, improved data security, easier collaboration between team members, increased operational efficiency, and more comprehensive financial reporting. In addition, accounting software can be integrated with other business systems, such as ecommerce platforms, customer relationship management (CRM) software, and point-of-sale systems.
What features should I look for in accounting software?
When selecting accounting software, it’s important to consider the features that are most relevant for your business. Look for features such as invoicing, expense tracking, payroll, tax filing, and reporting. You should also consider features such as user permissions, the ability to integrate with other software, and mobile access.
What type of businesses benefit from accounting software?
Accounting software is beneficial for businesses of all sizes, from small start-ups to large enterprises. By streamlining financial processes and automating data entry, businesses can save time and money while improving accuracy and efficiency. Accounting software is especially useful for businesses with multiple locations, as it enables them to analyze financial data across multiple sites.
What are the differences between cloud-based and on-premise accounting software?
Cloud-based accounting software is hosted in the cloud, while on-premise accounting software is installed on a local server. Cloud-based software is generally more cost-effective and easier to set up, while on-premise software offers more control over data security and customization.
What is the role of an accountant in utilizing accounting software?
An accountant’s role in utilizing accounting software depends on their level of expertise. Accountants with a strong understanding of the software can provide valuable guidance on the best way to use the software to meet a business’s financial needs. Additionally, accountants can provide training on how to use the software and can help troubleshoot any issues that arise.