Advanced Computing & Engineering Solutions
ACES Products

NEWS AND EVENTS
FIDS – Yet another achievement by ACES


ACES selected by PSEB for ISO 27001 (ISMS) programm


ACES Proudly Announces its Achievement of CMMI-II.


ACES Becomes Oracle Partner


   
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COMPANY PROFILE

FINANCIAL MANAGEMENT SYSTEM (FMS)

OVERVIEW

Financial Management System (FMS) takes care of all the activities of any Finance Section. All transaction are recorded only once in the form of vouchers and after that no posting is required. All ledgers are updated automatically and reports regarding following sections can be generated by single mouse click.

  • Accounts
  • budgets
  • Financial reviews
  • Income Tax Certificates
  • Payrolls

Bank Reconciliation Statement is being prepared by the system along with transactions in local currency and foreign exchange, including financial statements of both types

  • Payroll Generation
  • Handling of TA/DA
  • GP Fund
  • Letter of Credit
  • Works Accounts
FMS applies checks in order to avoid errors or frauds. The Software can be utilized from a small to an enterprise level Finance Section with least manpower. The FMS is very user friendly that it can be operated by an ordinary user.
FMS helps higher management to watch different aspects of organizational Accounts through its Management Information System.

SALIENT FEATURES

  • Local currency and foreign exchange budget
  • Chart of accounts
  • Department wise budget allocation
  • Vouchers generation
    - Cash Payment Voucher
    - Bank Payment Voucher
    - Cash Receipt Voucher
    - Bank Receipt Voucher
    - Advance voucher
    - Journal Voucher
  • Banks an branches Management
  • Accounts ledgers generation
  • Financial reviews
  • Official advances and loans
  • Bank reconciliation statement
  • Pay Bill
  • Pay Slip
  • Pay Bill Summary
  • Last Pay Certificate (LPC)
  • Income Tax Certificate (IT-48)
  • Loan Detail (Individual)
  • Loan Schedule
  • Deduction List
  • TA / DA Detail With Move Order Detail
  • TA / DA Heads Authorization
  • TA / DA Heads
  • Designation wise TA / DA Rates
  • Move Order Staff wise
  • Catalogue of EVK / Fare Charges
  • Employee Family Details
  • TA / DA Payments Summary
  • TA / DA Rates Scale wise
  • Management Information System

Key BENEFITS

Quick retrieval & availability of information for decision making Automatic updation of ledgers
Data and software security through database privileges and passwords
Complete paper less financial system
Increase employee's productivity
Reduces process time
Provides reliable financial/accounting information to the management on single mouse click.

 

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