Accounting

Automate your accounting

BORA Accounting Management (BORA AM) gives you at any time accounting caused by the high automation of preparation of accounting records from systems for business activity.

Accounting is one layer in BORA Business Suite and is an environment for building accounting policies, the organization of the accounting records and data policy for accounting and analytical types of cost.

Accountancy at BORA AM provides you with tools for accounting management.

Organization of accounting

BORA BS provides a chart with advanced analytics with relational model and consists of four types of independent dimensions: Accounting; Structural; Economic and Business for the purposes of accounting management and BI analysis: Activities and Destinations.

A variety of analytical accounting - accounting types, categories and indications.
Accounting Chart with flexible options for adding and deleting accounts
Automatic accounting posting - a powerful tool in help of the accountant for automatic adjustment of rates for all documents, requiring posting and created at BORA Business Suite.
Management accounting periods - lock by the accountant the period, in which they can not be edited, create new primary documents and accounting records.
Presentation of accounting information in several dimensions: by the accounts; structural objects; cost objects (orders, separate events such as seminars), accounting indications; activity; direction.

Balance Sheet

BORA BS has a powerful apparatus for automatically posting accounting records for documents. This allows the completion of the document and automatically generates accounting entries. In addition, the procedures for closing balance sheet prepared all reports for tax accounting and a wide range of managerial accounting.

Environment for implementation of the opening balances in the accounts (manually and / or automatically)
Opportunity for correction any bookkeeping at anytime, caused by the automatic posting system.
Ability to create manual journal entries (closing operations, memorial orders, etc.) without requiring the presence of a document.
Automatic reversal of entry.
Revaluation of foreign currency balances and transactions.
Accounting documents in batch mode - accounting Representative costs, social costs, vehicle maintenance costs, rental contracts with individuals.
Possibility of mass documents re-accounting based on new rules and policies.
Import of accounting entries from external systems with different formats.
Export of accounting entries to external systems with different formats.
Multiple lists with sections by documents, accounting records, periods and availabilities.
Trial balances - summarized, detailed and accounting for all possible dimensions.
Exchange trial balances.
Inventories trial balances.
Balances for incomes and expenses by categories of structural objects (in centers of revenue and expenditure).
Annual trial balances with monthly divisions and percentage data.
General Ledger for a separate account or for all accounts.
VAT declarations and registers plus export at TXT files for electronic submission of the VAT information.
VIES declarations.
Accounting batches - ledger, ledger by objects, by indication, etc.
AFR (annual financial statements - open to redefinition by the user) with the possibility to add their own items to the report.
All trial balances and accounts in the form of lists and export to MS Excel.

Cost price

Cost centers are structural objects of cost and are permanently embedded in the analyzes. Cost of dynamic objects are units of business or business activity to which they refer and allocate costs for analysis and control.

Defining Categories of cost of products or activities. Activities – Logistics, Staff, Production, Projects, Marketing, Contracts, Sales and more. Product - Purchase, Production.
The distribution of the costs of delivery with a lot of expenses or an expense to many Supplies
Accounting for purchased materials and goods in the warehouse using Delivery cost.
Accounting for finished goods in the warehouse using Production cost.
Process of formation and follow-up costs for a particular cost object - supply, order, event, product, fixed assets, etc.
Allocation of costs using predefined schemes and patterns of structural object level, order, cost object and so on.
Level analyzes-Management Accounting
Automatically closing the accounts of the group 60
Automatically closing the accounts of the group 70
Automatic transfer of the final balance for the year, as starting for the next.
Numerous inventories and reports

Budgets

Budgets revenue and expenditure account for the economic performance of the company and operational comparable to current accounts are the source for managerial analysis and control.

Budgets of cost objects are associated with operational control and analysis of individual elements of the business.

Creating and monitoring budgets revenue and expenditure accounts.
Creating and monitoring budgets by cost objects- quantity and value.
Copying data between budgets compilation of versions and quick editing.
Budgeting quarters
Budgeting for the year
Budgeting at the project level, event
Commercial budgets - quantitative and valuable
Numerous reports and analysis graphs

Fixed assets

Comprehensive mechanism for management and maintenance of tangible and intangible assets of a company. Charging the tax and accounting depreciation on international and national standards. Automatic posting of accumulated depreciation. Monitoring of consumer characteristics of the assets. Reports for the management of filling Annual Tax Return

Maintaining file of all assets - tangible and intangible ones with all the essentials necessary for accounting and business objectives. (Location, custodian of the property, history of acquisitions, etc.)
Accrual accounting depreciation under IAS or NAS
Accrual of tax depreciation.
Revaluation of fixed assets
Import / export file and process large amounts of data for fixed assets
Print cardboard FTA
Lists as:

Estimated depreciation schedule
Inventory
By inventory numbers
By sites
By objects and custodian of the property
By custodian of the property
By objects and Unified classifier of basic resources
By Unified classifier of basic resources
By Accounting categories
Accounting depreciation plan by months
Accounting depreciation plan by months
Accounting depreciation plan

Support nomenclature of a Unified classifier of basic resources
Ability to add user's own characteristics to fixed assets: production capacity; date of prevention etc. with the option of sending e-mail for the upcoming event.

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