FEATURES & BENEFITS

The features,
    benefits & differentiators

 

WEB-BASED ACCOUNTING
Download (a Word document) the complete list of product features, benefits and differentiators covering these modules:
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Main Modules:
1. System Configuration Manager Module (SCM)
2. General Ledger Module (GLM)
3. Debtors Module (DM)
4. Creditors Module (CM)
5. Inventory Module (IM)
6. Job Costing Module (JCM)

Sub Modules:
1. Multi-warehouse Sub Module
2. Bill of Materials Sub Module
3. Serial Number Tracking Sub Module
4. Multicurrency Sub Module
5. Interactions Sub Module
6. Entry Level Point of Sale Sub Module
7. Case Lots Sub Module
8. Service Level Agreement Sub Module

KEY PRODUCT FEATURES
FEATURE
DESCRIPTION
BENEFIT
DIFFERENTIATOR
Financial Years
 Unlimited number of financial years can be retained within Accknowledge. Long term business history available for improved business management.  
Any number of users
 Small businesses can begin with a single license and grow to
an unlimited number
of users.		 Saves time and money as businesses do not need to purchase new software as the company grows. No need to learn new applications.  
Security
 Application security is implemented via user roles. Users can only access modules and screens within the application according
to the security rights assigned to them. 		Company confidential information is protected. While all
systems have security levels implemented, Accknowledge can drill right down to limiting button access.
Custom Screens & Fields
 The system caters for unlimited amount of custom fields and screens. Custom screens
and tables means
a company and its
users can set up the application in a format best suited to how
they work. 		Most applications are limited to 5 custom fields.
Project Tracking
 Allocate a project or combinations thereof to any document within the system. Combinations of projects can be created where a project is sharing 50% of the costs. Allows a business to track all documentation associated with a project, as well as view the profit and loss per project. Most systems can only allocate ALL the costs to one project.
Master Codes
 All general ledger, debtors, creditors and inventory codes can be changed after posting has occurred. Stock codes can be up to 400 characters in length. Other systems lock
down the codes after posting now allowing
for changes. Most
other applications
are restricted.		  
Multi Currency
 For International business, Accknowledge allows users to maintain the Debtors and Creditors accounts in foreign AND local currencies, as well as send invoices and statements in foreign currencies. In addition, the application also maintains the foreign rate of exchange used at the time of the transaction. By maintaining the individual rate of exchange used for each foreign exchange transaction AND the local currency equivalent, both the trial balance and financial statements at year-end will balance. When implementing a new exchange rate, most systems will update transactions already in
the system.
Multilingual
 A standard feature of the application is the ability to choose in which language the user would like to view application screens - English, Afrikaans, Zulu, Xhosa, French or Portuguese. Within a multilingual company, an individual user can view the application screens in the language they are most comfortable with, within the same set
of books.