SEARCH ACCOUNTS

Accoxi enables the user to record all kinds of business transactions that are involved in the firm. Search Accounts form under the Accounts module, provides the complete details of transactions involved in the business. It shows various types of transactions include Sales invoices, Purchase invoices, Credit notes, Bills, Customer payment, Supplier payment, Contra, Receipt, Payment, etc.

GENERAL LEDGER

In Accoxi, a General ledger is a means for keeping a record of a company's total financial accounts. Accounts typically recorded in a general ledger include: assets, liabilities, equity, expenses, and income or revenue.

RECEIPTS

Receipts in ACCOXI deals with a minute amount of receipts to the business. The huge amounts from the customers are normally entered in the sales module => payments received.

PAYMENT

Payment is the transfer of money or goods and services in exchange for a product or service... Payments in ACCOXI deals with a small amount of Payments to the business. The huge amounts from the suppliers are normally entered in the purchase module => payments made.

JOURNAL

A journal is a detailed account that records all the business's financial transactions, to be used for future reconciling of and transfer to other official accounting records, such as the general ledger. The form Journal is included in Accoxi under the Accounts module.

RECURRING JOURNAL

A recurring journal is a tool within accounting software that automates the process of creating repetitive journal entries, such as monthly rent payments or utility bills. Users set up these entries once with details like accounts involved, amounts, and frequency, and the software generates and posts them automatically at the specified intervals. This streamlines financial record-keeping by reducing manual effort and ensuring consistency in recording recurring transactions.

SALARY

A salary is a form of payment from an employer to an employee, which may be specified in an employment contract. In Accoxi, a separate form is maintained to enter salary transactions. It enables the user to create a new payment, record and can search previous Salary payment details.

BANK DEPOSIT

Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. The bank deposit in ACCOXI functions for entering deposits in the bank.

BANK WITHDRAWAL

Bank withdrawal means withdrawal of money from your bank account at a bank. In Accoxi the user can record the bank transactions like bank deposits and withdrawals. It helps the user to handle banking and business activities more effectively. 

BANK TRANSFER

In Accoxi, the user can record bank transactions like banking transfers, deposits, and withdrawals. It helps the user to handle banking and business activities more efficiently or quickly.

BANK RECONCILIATION

Accoxi provides a Bank Reconciliation system and it helps the user ascertain the differences between the passbook and company book and book changes to the accounting records as appropriate.

FUND TRANSFER

Fund transfers between branches refer to the movement of money from one branch of a company or organization to another. This can occur for various reasons, such as balancing cash flows, funding operational expenses, or allocating resources where needed. It's typically facilitated through internal accounting processes and may involve electronic transfers, checks, or other forms of payment, ensuring smooth financial operations across different locations.

ACCOUNT GROUP

Accoxi is the most modern accounting software that provides easy and deliberate results for accounting. It provides the form of Account Group and users can configure the Account group format of the Organization in it.

LEDGER

Accoxi is the most modern accounting software that provides easy and deliberate results for accounting. It provides a separate form for managing Ledger and users can create or manage Ledger accounts of the Organization.

OPENING BALANCE

Accoxi is the most modern accounting software that provides easy and deliberate results for accounting. It provides the form of Opening Balance and the user can manage the opening balance of the Organization in it.

GSTR- 1

GSTR-1 In Accoxi enables the user to generate GST returns so easily. It will be generated automatically based on the sales that he made to GST Registered Persons.

GSTR- 2A

GSTR-2A enables automatic generation of GST return based on their purchase, which is from registered and unregistered suppliers, and also it shows the details of available ITC.

GSTR- 3B

GSTR-3B is a self-declared summary GST return filed every month (quarterly for QRMP scheme). It must be filed by a registered taxpayer from July 2017 onwards.

GSTR- 2A RECONCILIATION

In ACCOXI users can use the GSTR 2A reconciliation form to compare and reconcile the GSTR 2A data. This will ensure no ITC loss on any invoices and to avoid any duplication, taxpayers must consolidate and reconcile the values. This will ensure the correct declaration and maximize the credit of input taxes.

COST CENTRE

A cost centre is a defined segment of a business, like a department or project, where costs are tracked separately for monitoring and management purposes. They aid in understanding resource utilization, facilitating budgeting, decision-making, and assessing profitability within the organization. Cost centres enhance financial reporting and control, enabling better analysis of financial performance in specific areas of the business.