Hisabi Online
Businessman Mr. Abdel Basset Yildiz owns several investment and service companies in various fields.Due to the fact that the existing accounting software in the market did not meet all his needs, as he had to buy multiple copies from different companies to manage the financial affairs of all his companies.This led to the idea of creating an accounting program that contains all the advantages on various platforms and solves all the problems he wanted to have to help him manage his companies and investments better.
Sales && Purchase Invoices
In this section, you can create sales and purchase invoices, select the customer for whom the invoice will be issued, choose the invoice currency, the exchange (between the main currency and the program currency), payment type, and the cash box to which the amount will be credited. You can also add products, quick products, and fixed assets. After adding and saving the information, the system calculates and processes the invoice, then automatically generates accounting journals and impacts the related accounts in the accounting tree for the customer, cash box, and store. The journal accounting created are automatically saved in the journal notebook based on the prior linking setting in the Linking Section.
Returned Sales & Purchase Invoices
We can convert an invoice from its normal state to a returned state, where system creating a similar invoice and generating reversing journal accounts for all previously created journal accounts.
Quotation - Offers
This section includes adding price quotations for customers, where a quotation similar to an invoice is created, with features such as selecting the customer, currency type, and products..etc. However, no formal journal accounts are generated that would affect to the accounting tree.
Expenses
Within the expenses section, we have two main parts: expense accounts and expenses. In the expense accounts section, we can create an account and directly link it to the accounting tree. From the expenses section, we can create expenses under the expense account, which is affects on the accounting tree account. The journal accounting are created automatically in this case.
Fixed Assets
In the fixed assets section, you can create fixed asset groups and then add assets to each group individually. These assets can be used in the invoices section or in other sections as needed.
Cash Boxes
This section is one of the most important sections of the program, as it includes four main types of cash boxes: cash, bank account, credit card, and electronic payment account. Each account type has its own properties. An account is created for each cash box in the accounting tree automatically to be affected by accounting operations.
Suppliers && Clients
Clients and suppliers can be ctreate and linked them to the accounting tree. Various information is entered when creating an account, including: account type (personal or business), opening balance, credit limit (considered during purchase and sales transactions to prevent exceeding the allowed limit), addresses, IBANs, bank accounts, employees responsible for sales or supply to this client or supplier, and uploading official documents such as passports, contracts, and many other documents.
Stores && Products
Stores are created distributed across countries as needed by the company, and then products are added to them within official purchase invoices, generating specific journal accounts for each product and reflecting that effect on the accounting tree. The system supports the feature of entering and exporting products via barcodes, where multiple serial numbers can be added for the product, and the system checks if that serial number has been entered before by mistake and gives a warning to prevent duplication. It also supports the feature of transferring products from one store to another.
Investment Management
In the investors and investment management section, the owners of the company and investors with stocks in the company can be added. The system allows for the sale of stocks from owners to investors or between investors. Where can select The seller, buyer, number of stocks to be sold and the stock price, in addition to the company's commission and attaching official contracts. After the process is completed, the system processes the transaction, then transfers the stocks and generates journal accounts, and automatically effecting on the accounting tree.
Accounting Tree
In the accounting tree, you can add main accounts and include several sub-accounts within them, with the ability to specify the account currency. The system automatically numbering the accounts and prevents duplicate account codes. You can view the credit, debit, and final balance for each account. If the main account (parent) contains several accounts inside it with different currencies, the system calculates them all and converts the currencies to the main currency that specified by the company owner from the settings. You can take an overview and financial summary of the entire company from the accounting tree, as it is considered the pillar of all project, affected by any accounting operation performed in any department.
Journal Notebooks
In this section, Journal Notebooks are created, which include journal accounts. The system also calculates the total journal accounts within the journal notebook and displays the final balance of it.
Journal Account
This section are divided into two main types: simple journal account and compound. Simple one: It is created by selecting the credit and debit accounts that were previously added to the accounting tree, and specifying the amount of mony for each. If the currency of one account differs from the other, the exchange and equivalent can be specified. After completing the process, the system creates the journal account and reflects its impact on the selected accounts in the accounting tree. Compound one: Similar to a simple one, but the main difference is the ability to select multiple credit accounts and multiple debit accounts. The system prevents saving and completing the process if the total amount entered as credit doesn’t equal the total amount entered as debit.
Currency Management
The system allows the addition of currencies with their exchange for buying and selling. It also enables the setting of the main currency of the system.
Departments Linkings
Through the linking section, we can specify the associations of each department with the accounting tree. The system automatically inserts new accounts according to the predefined settings.
Accounts Types
Define and adds a different account types based on accounting principles.
Categories
Categorize invoices and accounts to improve organization and analysis.
Reports
Create various financial reports, including balance sheets, income statements, and cash flow statements, as that provide a clear view of the company's financial situation.