Simplified tool for your complex accounting needs!
We solve complex accounting problems, be it Multi Books, Multi-Currency Cash Management, Project accounting.
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Why should you choose effitrac Accounting Software?
Accounting operations are not complex anymore when effitrac is by your side. We have designed our software in such a way that it is adaptable for all the teams globally.
Features
Business User-friendly
Affluent knowledge of Accounting isn’t necessary to operate our Software. It is suitable and simple to operate for anyone with minimal accounting knowledge.
Global Tax Engine
Be it Indian GST or GCC VAT, our software is not confined to a single territory and taxation processes. Grow your business globally with our inbuilt global tax engine.
Numbering Engine
Generate reports that abide to your company policy and rules. Number them according to the compliance with effitrac.
Cash Management
Are you able to control your cash flow? With effitrac, you can make data-driven decisions. Effectively manage cash using Multicurrency GL Account ledgers.
Conversion Rates
Control the exchange rate of foreign currency transactions. Enable Forex transactions, 3-way currency conversions and much more with effitrac.
Configurable KPI's
Configure Key Performance Indicators for your team to set predefined goals and make powerful, data reflected decisions.
Better Control
Create business roles on the fly based on the business demand. Control, make decisions and always stay on the right track with effitrac.
Special Accounting Use cases that we offer
Our customizable, integrated, all-in-one accounting solution is adaptable for all businesses. Have a look at the use cases that we offer
3-way Matching
Control what you pay and receive. Control accounts payables, match PO, GRN & vendor invoice efficiently with effitrac.
P& L on Subsidiaries
Track your real-time P&L forecasts on Subsidiaries or divisions of your business accurately with effitrac.
Automated Forex P&L
Compute foreign exchange profit & loss on every forex transactions automatically at a click with effitrac Accounting Software.
Project Accounting
Track the financial progress of the project in real-time. Know the exact heads-up, profit and loss incurred by each team.
Cost Accounting
Record, classify, analyze, summarize, and allocate costs associated with a process. Be in control of your costing and budget.
Consolidation across Subsidiaries
Balance Sheet and Trial Balance creation are one click away for your business when you are availing effitrac.
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GeneralLedger
- Dynamic Chart of accounts
- Management of G/L accounts
- Foreign Currency for G/L Accounts
- Map G/L Accounts for Multiple Subsidiaries
- Postings and reconciliation of G/L accounts
- Monthly conclusion and reporting
- Fiscal year change
Accounts Payable
- Accounting data for vendors
- Deliveries and invoices
- Country-specific payment methods
- Integration of GL and purchasing process
Accounts Receivable
- Administers accounting data of all customers
- Invoices and credit notes
- Payments and down payments
- Dunning and calculation of interest
- Credit management including credit check
- Reporting and inquiries
- Bank file output available
Cash Management
- Multi Currency Inventory
- Bank Reconciliation
- Fund Transfers
Asset Accounts
- Integrated posting with PS, MM, A/P, A/R & GL
- Flexible calculation of depreciation and imputed interests
- Depreciation simulation
- Powerful fixed asset reporting