Finance and Budget Management

Axiever offers comprehensive accounting and budgeting features that goes beyond the numbers. This finance and budget planning module enables you to transform your processes from the complexity and chaos of spreadsheets to a more effective financial performance that keeps your business on track. It acts as your digital accounting and budget manager through its financial intelligence and cloud flexibility.

Module Features

Invoice Management

Creates Customer Invoices based on delivery confirmation
Maintains Supplier Invoices based on received goods
Vendor Invoices based on the PO issued or direct approved invoice

Payment Management

Manages receivables and payments from customers
Manages payables and payments made to suppliers
Records other expense invoices to vendors

Ledgers

Maintains and manages financial accounts
Provides a complete list of sales and receivables
Provides a list of purchases and payables

Bank Reconciliation

Helps to reconcile bank statements for all payments and receipts
Highlights the non-reconciled transactions for necessary action
Displays differences between bank statement and corresponding amount in ledger

Account Statement

Single click trial balance
Income and Balance Sheet Statement
Cash Flow Statement

Assets Managment

Manages all fixed assets of the company
Calculates depreciation value based on set parameter
Posts adjustments in accounting ledgers

Payroll Management

Single click payroll with specified period options
Automatically calculates the CPP, EI, Provincial and Federal Taxes
Maintain employee payroll records with YTD earnings and deductions

Budget

Prepares forecast and estimation of revenue and costs
Gives direction to the business by reviewing performance and impact
Provides financial information to make improvements for present and future decisions

Budget To Actual

Variance to identify differences between the budget and actual financial results
Shows financial data in dollar ($) and percent (%) terms
Systematic analysis to maintain control over business