CARAT Accounting is the only accounting software application suite you need to manage your business. It handles the finances, sales, purchases, invoicing, stock control and more. All modules are fully integrated with each other and real-time posting is used to eliminate the possibility of keeping mistakes within your financial records for people to see.

Core Features And Benefits

• GENERAL
  • There are no limits to the number of codes and transactions you can manage
  • All transactions are updated on a real-time basis so that changes can be made as often as you like and to avoid mistakes from being shown
  • Optionally auto-assign numbers for invoices, petty cash vouchers, payment vouchers, journal vouchers, debtor receipts and creditor payments
  • Manage salesmen, payment types, business types and location data for subsequent analysis after linkage with invoicing module
  • You can change general ledger, debtor, creditor and stock codes anytime you like
  • Backup and restore modules are built-in to ensure that you can easily protect your data from hardware failures
  • Keep open transactions for up to 24 months before closing for the next financial year (No need to rush to close the accounts for the year)
  • Avoid accidental out-of-date transaction entry changes or deletions by setting date ranges
  • Data validation modules are available to verify that ledgers are balanced and without errors
  • Mouse-free data entry (speeds up typing by not having lift hand off the keyboard to use the mouse)
  • Cancellation of transactions can be carried out to retain the transaction number and zero all amounts
  • Locking of transactions can be carried out to prevent unauthorised changes, cancellations or deletions
  • User names and passwords can be managed to control access to data
  • Module access management can be carried out to prevent specified modules from being accessed by specified users
  • Rebuild ledgers correctly everytime from transaction files in the event there are errors and mismatches (Ledgers are always balanced)
• STOCK LEDGER
  • Stock quantities are correctly computed due to integration with invoicing and stock receipt/adjustment modules
  • Manage stock receipts and adjustments (manual issues, sales returns, purchases returns and write-offs)
  • Prints stock price list
  • Prints stock movement list
• GENERAL LEDGER
  • Prints chart of accounts
  • Prints trial balance to provide a summary of balances for each account
  • Prints the profit and loss account automatically for any month to check on company's profit/loss status
  • Prints the 12 month profit and loss account ^new
  • Prints a user-specified number of months this year compared with last year for the profit and loss account ^new
  • Prints the balance sheet anytime to check on company asset/liability position
  • Prints the 12 month balance sheet ^new
  • Prints a user-specified number of months this year compared with last year for the balance sheet ^new
  • Bank reconciliation to determine if there are problems with the bank statement and/or bank records
  • Batch management to control groups of transactions
  • Recurring transactions to speed up transaction creation and posting
• DEBTORS' LEDGER
  • Manage invoices, receipts and credit notes
  • Prints open item and brought forward statement of accounts
  • Prints ageing
• CREDITORS' LEDGER
  • Manage invoices, payments and debit notes
  • Prints creditors' list and ledger
• INVOICING
  • Manage price table to set specified pricing for debtor and stock combination, if required
  • Price check feature available during invoicing to bring up previous prices for stocks being invoiced
  • Sales analysis by debtors, stocks, locations, business types, salesmen, dates and payment types