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Globalization has made the wholesale brand clothing and footwear industry more challenging than ever
 
Accounting System
Setting up your accounting system in a few simple steps

Organise your accounting information for decision making

Manage multi-currency customer statement

Maintaining a reliable accounting system

Accounting firm special




Choose to travel a smooth journey in your business ride together with ByteTree Accounting System. ByteTree Accounting System helps accountant control and report on the financial health of an organization. Its rich functions provides the flexibility to meet your current and future needs as your business grows.

From managing one company’s accounts to multiple subsidiaries accounts, ByteTree Accounting System places them all in one industry standard SQL database.
You do not need to login to different accounting systems to manage different companies accounts. ByteTree Accounting System provides you a consolidated financial information for group decision making.

GENERAL LEDGER
ByteTree General Ledger module is a simple, yet comprehensive ledger book. Its tightly integrated data flow ensures accuracy and efficiency. When you need to enter a recurrence journal, you can duplicate from an existing journal batch. Every journal entry can be further broken down into detailed records for internal reference. This feature is useful when you need to debit miscellaneous expenses of three departments to one miscellaneous account but you need to keep a record of each department expenses for future reference. Every journal entry can be associated with a department code, profit centre or cost centre for multi-dimension account analysis purpose. With this additional dimension codes, management responsibility can be effectively distributed to middle management. 

ACCOUNTS RECEIVABLE
ByteTree Accounts Receivable Management module provides the functionality you need to track and analyze customers, manage invoices and process receipts. The system is able to manage multiple currency transaction with one customer code and provide user defined customer aging report for multiple currency and local currency according to the company credit policy. For customers involved with multiple currency transactions, it will generate customer statement for each of the currency involved. Reverse AR cheque payment function allows user to reverse error posted customer receipt transaction.

One of the unique features is its ability to apply one customer payment to a group of customer accounts and generate payment receipts for each of the customer accounts within the group. A useful AR invoice revaluation report provide currency gain and loss information for outstanding customer invoices. This report helps accountant to reduce the losses caused by the exchange rate.

ACCOUNTS PAYABLE
ByteTree Accounts Payable Management module's well designed functions and reports provide you with the information you need to control over business costs for more effective management of your cash flow. You can track payment due dates and take advantage of discounts. It helps to prevent payment errors such as double payment and late payments, save your money and raise your credit rating. 

The system is able to manage multiple currency transaction with one supplier code and provide user defined supplier aging report for multiple currency and local currency. Reverse AP cheque payment function allows user to reverse error posted cheque payment transaction. A useful AP invoice revaluation report provide currency gain and loss information for outstanding supplier invoices. This report helps accountant to make payment to the suppliers at the best time.
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To efficiently measure company's financial status, ByteTree Accounting System generates real time balance sheet for the accountant to compare current and last year balance sheet information.

To help accountants to monitor company's financial result, the system has both company and department budgeting facilities for accountants to set budget for important accounts in order to make comparison of actual against the budget figures.

ByteTree Accounting System is tightly integrated with ByteTree Distribution Management System, Warehouse Management System and Retail Management System to deliver a total solution for small and midsize businesses.