An accounting and finance system tracks an organization's assets and investments and compiles all data for financial reporting
An accounting and finance system tracks an organization's assets and investments and compiles all data for financial reporting required by law for such functions as payroll, federal, state, and local taxes and pension funds. This system provides all the reports necessary for periodic financial audits and annual reports if the organization or institution produces them. The accounting and finance system also facilitates the daily posting of routine transactions such as sales income, returns and bank deposits and transfers. All monthly financial statements, such as the balance sheet and the profit and loss statement, are generated from this system. These statements are necessary for middle and upper managers to track current financial success against past performance and against predetermined goals for future growth.
This system has verities service within, which is suited for a Hospital, like HR, Finance, Procurement, Receptions, Assets, Reports for all operations (Daily ,Monthly ,Yearly)base , Pharmacy, Departments, Taxes and some other key module and functionalities’ are in.