Centralized Accounting System
Firstly: Application Objectives
This system works to consolidate accounts from various regions at the company level, where it obtains summaries of general accounts from different regions through a linking network and via magnetic media to obtain data at a primary level rather than detailed. It utilizes an accounting directory at this level, which corresponds to the accounting directory in the regions at the primary levels. In order to carry out these tasks, the system includes a set of fundamental functions:
1. Defining the main structure of accounts within the company.
2. Obtaining account balances from regions through the network and magnetic media.
3. Issuing all audit balances at the company level:
- General daily monthly journal
- Assistant daily journal
- Assistant professor daily journal
- General monthly professor
- Monthly sub-audit balance
- Monthly general audit balance
4. Extracting all reports related to budgeting and planning.
Secondly: Application Outputs
The system generates the following reports upon request:
1. General daily journal.
2. General ledger - Assistant ledger.
3. Audit balances.
4. Income statement accounts.
5. Activity profit accounts.
6. Financial position of the company.