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Integrated Accounting Software

Integrated Accounting Software

eFacto® Accounting and Statutory Compliances module is integrated with all the other modules. It's user-friendly, scalable and secure as required by any fast growing company in India. As a cloud based accounting software India, eFacto® offers the flexibility and accessibility that modern enterprises demand while maintaining compliance and automation at its core.

Created to assist companies across multiple industries, eFacto® also works well as retail ERP accounting software, assisting in the simplification of inventory control, tax compliance, and financial operations in a single, integrated system.

Automatic accounting vouchers are generated based in predefined business rules from the following processes:

  • Goods Receipts
  • Sales Invoice
  • Recipients Returns
  • Supply Returns
  • Consumption
  • Job Work
Accounting for Retail, Distribution & Manufacturing

Complete Accounting for Retail, Distribution & Manufacturing

eFacto® Accounting Software meets all the statutory requirements and has been developed as per principles of accounting. Built to simplify retail business operations, eFacto® also functions as a complete Retail ERP Accounting Software, helping manage finances, automate reports, and ensure compliance. The following main processes/reports are part of eFacto Accounting Software.

  • Books of Accounts as per Income Tax Law
  • Annual Reports like Balance Sheet, Profit & Loss Accounts
  • Accounts Receivables and Payables
  • Trial Balance, Cash Flow and Fund Flow
  • Bank Reconciliations
  • Complete GST Reports and Returns
  • All TDS Reports with Processes
Statutory Compliance: GST, TDS & Audit Trail

Statutory Compliance: GST, TDS & Audit Trail

The Accounting Management Module of eFacto® ERP lets you automate tax processes to saves your preparation time, cost and reduces chances of levying late fee and penalty by compliance authorities. With the advantages of a cloud based accounting systems, your organization stays ahead of deadlines and compliance updates effortlessly.

The following compliance reports are available:

  • All GST Return GSTR-1, GSTR-2, GSTR-3B etc.
  • GST Retrun export to csv, excel, json
  • GSTIN validation from GSTN Portal
  • TDS Returns, Challan and Reports.
  • Audit Trail as per requirement of laws.

Benefits of eFacto®Accounting Software

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Hierarchy: State, Region

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Expense Control by Budgeting

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Expense & Income Control by Cost centre

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Payment Advice and Approval

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Integrated with Bank for Direct Payment

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Complete Statutory Compliances: GST & TDS

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Real-time, company wide visibility

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Audit Trail as per Company Law

Key Features of eFacto® Accounting Management Software

  • View and Control your finance from your smart phone

  • Automated Financial, Cost and Statutory Compliance Management

  • Transaction control by maker, checker and approver

  • Send Outstanding Report to your customer as per schedule.

  • Take control of the payment system by approving the advice.

  • Reduce time in making payments, use auto transfer to Bank feature using API

  • Feel reporting experience by drill down financial reports.

  • Financial analysis and dashboard to help to grow income and control expenses of the company.