Built for the unique requirements of the construction industry from subcontractors and orders to certificates and retention. It is IAS and IFRS compliant and is a solid foundation for ISO or SANS certification if required.
The module also includes all standard debtor functionality, such as:
It also includes:
The creditors module offers all the administrative and control tools required to effectively manage creditors, with a focus on subcontractors and order management.
Orders can be drawn from allowables linked to the Project module or generated on-the-fly for ad-hoc purchases such as stationery. This ensures that all creditor activity is handled in an organised and accountable manner.
The module allows delivery notes to be matched directly with orders, enabling project expenses to be recognised as soon as the goods are delivered rather than waiting until invoicing. This early costing ensures better project cost visibility and control.
For subcontractor payments, the module facilitates the creation of certificates derived from project allowables, capturing progress during each payment cycle. These certificates take into account previous payments, retention, contract charges, and statutory deductions for labour-only subcontractors, ensuring accurate and comprehensive financial management.
Financial statements reflect the balances for the year-to-date and the current period. Also comparing the year-to-date at the same period in the previous year.
The Trail Balances can be drawn with differing degrees of detail. You can have a complete Trail Balance with all balances or a compact one with major and sub categories.
There is a comprehensive General Ledger, transaction (journal). You can drill down transaction level.
EJM is an accounting year-end rollover, resulting in making multiple year reporting. EJM SQL Accounting, there is no limit to the number of accounting years.
Understand financial movement across reporting periods to improve cash flow planning and identify potential issues early.
Stay in control of project costs with reports that highlight key figures while allowing detailed investigation when needed.
With the accounting and costing module, you get full visibility of your finances, ensuring accurate reporting, better cash flow, and smarter cost control.
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