SMARTBOOKS OVERVIEW

Smartbooks accounting software comprises of 14 modules: General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Cash Management (CA), Fixed Asset Management (FA), Inventory Management (IN), Invoice, Purchase Order (PO), Sales Order (SO), E-invoice, Approval System, Budget, System management and Utilities.

General Ledger: Users can set up the chart of accounts, enter accounting data, post period-end closing entries, and prepare financial statements.

Accounts Payable: This module allows the user to post accounts payable transactions and track outstanding payment obligations with suppliers.

Accounts Receivable: This module allows the user to post accounts receivable transactions and track outstanding payment obligations from customers.

Cash Management: This module allows the user to record receipts and payments, and track cash and bank balances.

Fixed Asset Management: This module allows the user to manage fixed assets, calculate depreciation, and allocate prepaid expenses.

Inventory Management: This module allows the user to track inventory movement and cost of goods sold.

Costing Method: This module supports four product costing methods: simple, coefficient, selling price, and phased — allowing accurate cost allocation per production batch.

Invoice: This module allows the user to issue self-printed VAT invoices for companies registered and permitted to self-issue invoices.

E-Invoice: This module allows the user to issue, track, and cancel e-invoices through e-invoice service providers (Viettel, VNPT, etc.).

Approval System (Web): This module manages multi-level payment approval workflow: payment request, approval and disbursement.

Budget: This module allows the user to manage the budget for company control.

Purchase Order: This module allows the user to manage materials required for purchasing, purchased and still to be purchased.

Sales Order: This module allows the user to manage sales orders from customers: ordered, completed, and pending delivery.

System Management: This module allows the user to configure shared reference data, manage user accounts and access permissions, and adjust system settings.

Utilities: This module is used to sort vouchers by sequence, and to check for incorrect or duplicate voucher entries.