Accounts module is the central module of the program which receives data from all other modules to give you the final reports about your business at the touch of a button. The whole process of keeping the accounts is highly simplified for the user. All updations in accounts are made automatically. The sales, purchase, returns and other transactions are entered in the account once invoices / memos are made. The changes in vouchers, bills, memos can be made any time and the changes are made in account books automatically. All the entries in ledger can be reposted in the ledger after deleting the ledger, if the need ever arises.
Customer and supplier account heads are set up automatically when the first transaction is made. Other account heads can be created separately under one of the following categories : Asset, Liability, Income, Expenditure. Account heads can be grouped together using control accounts.
The voucher entry system is very efficient where all types of voucher can be entered from one single entry form. Narrations are included automatically if payment against purchase or receipt against sales is made along with the Amt, Nos. of invoices. Also any numbers of narrations can be set up separately.
The module produces Cash Book, Bank Book, Journal, Ledger, Trial Balance, Trading and Profit & Loss account and Balance Sheet. The closing of financial year automatically carry forward all the balances along with the profit and loss. The accheads, customer, products and supplier information is also carried forward to new year automatically. All data of previous year remains intact. You can review the sales, purchase or any other information of previous year even after closing the year.
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HiTech is Popular Among India's Businesses as an Accounting Software. However, Over the Years, it has Evolved as an ERP and a Compliance Software for SME for Hotels, Hospitals and Petrol Pumps, Medical Stores, Newspapers.
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