icsFinancials is a comprehensive Accounting System suitable for a large variety of industries.
The icsFinancials System covers the following broad areas:
- Accounts Receivable
- Accounts Payable
- General Ledger
- BAS / VAT
- Asset Register
- Payroll
- Bank Reconciliation
The software allows the user to easily manage the business process of controlling the company's financial data.
The icsFinancials system is designed to run as a standalone product or to be integrated with any of our ics modules. It can also integrate with 3rd Party Software products.
Some Built-in Features include:
Accounts Receivable
- Integrated invoices, taxes and charges from other modules
- Part Payments and Unallocated Payments
- Bank Deposit Report
- Overdue Listing
- Aged Trial Balance
- Budgets and Forecastasting
- Credit Control
- Foreign Currency support
- Powerful sales analysis tools
- Drill down to original source of invoices
Accounts Payable
- Linking of Purchase orders to invoicing and receipting of goods
- Automated cheque and Electronic Funds Transfer (EFT) payments
- Cheque Reconciliation Register
- Foreign Currency support
- Full history and audit of purchases and payments transactions
- Budgets and Forecasting
- Remittance Advices
General Ledger
- Comprehensive Ledger Account Enquires
- Chart of Accounts maintenance and listing
- Budgets and Forecasting
- Journals, Reverse Journals and Standing Journals
- Report Structure maintenance
- Cost Centre control and reporting
- Drill down from ledger account all the way back to individual Purchase Order/Invoice
- Export to multiple formats including excel
- EDI interface
- Bank Reconciliation
BAS (VAT)
- BAS Summary Report
- BAS Detail Report showing full audit of all transactions
Payroll
- Multiple payroll frequencies (e.g. weekly, fortnightly, monthly)
- Easy entry and calculation
- Automatic payment facility for salaried employees
- Leave accruals
- Superannuation calculations
- Integrated with General Ledger and BAS
- Links to Online Banking
- Web Kiosk Facility
Reporting
- Highly configurable reports
- Extensive reporting capabilities