Financials

The BusinessCraft financials demonstrate the comprehensive integration with the operational modules. The job progress can assist in controlling when invoices can be matched to orders, what percentage of revenue and costs are recognised in the Profit & Loss and much more.

General Ledger

The Journal-based General Ledger (GL) provides in-depth consolidation of all transactions from the GL and subsidiary packages. Even with thorough reporting options as standard, you can further extend your output with the General Ledger report writer in conjunction with Crystal Reports for total flexibility.

Companies existing in separate databases? Employ the GL consolidated reporting for your complete financial position or have multiple entities in a single database using fully automated inter-company accounting and reconciliation. Why not utilise Standing Journals to reduce repeated processing, or import from other packages (including excel) for faster General Journals.

Cashbook & Reconciliations

The Cashbook module provides a number of features, including non-creditor payments and non-debtor receipts processing. Now you can track all produced cheques using multiple statuses for unreleased, released and presented payments. The comprehensive bank reconciliation, with cashbook balance and reconciliation reports always ensures you understand the cash position of your business. For more streamlined processing, the reconciliation interface to your online banking system with import available for file in BAI format.

Accounts Payable

Accounts Payable Invoice Entry allows you to distribute supplier invoices across any combination of Purchase Orders, Direct to Job Costs or General Ledger Accounts. For those that are distributed to Purchase Orders or a Job, BusinessCraft provides full Extra to Schedule (ETS) tracking when you have exceeded your budget. ETS transactions require a reason for the cost-overrun, person responsible and additional comments for accurate recording and reporting when identify margin erosion.

There is no need to process multiple invoices for multiple GST Codes, with BusinessCraft's fully ATO compliant Business Activity (BAS) reporting that allows for expenses to be distributed to multiple GST Codes. Full Electronic Funds Transfer (EFT) capability and emailing of remittance advices provides more efficient payment processing and improves user productivity.

Accounts Receivable

All transactions processed within Accounts Receivable are recorded against a debtor as well as a job. The full integration with Job Costing and Workflow allows access to real time invoice and payment history throughout the system. Standard ageing and transaction reports are available for modification in Crystal Reports for maximum reporting flexibility.

Complete cash receipting to outstanding debtor invoices or against a sundry debtor code or apply to open credit for later matching to an invoice to give accurate information on the debtor balance for each job.

GST / Business Activity

GST History transactions are created from AR, AP and Cashbook to dedicated GST module. Split invoices across multiple GST codes using the GST calculator for accurate BAS Reporting.

GST Adjustment facility available for transaction audit history with BAS style reporting for easier end-user understanding.

Asset Register

The Asset module delivered with BusinessCraft provides complete asset maintenance with functions including Acquisition, Disposal, Transfer, Revaluation and Multiple Locations. Track Tax and Book depreciation for each asset with calculations based on Straight Line or Diminishing Method. Full integration ensures that all automatically created distributions will be posted to General Ledger.

Store site specific information for each asset, BusinessCraft provides the ability for unlimited extra information to be stored and reported against any asset for complete tracking of your assets.