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| Accounting System description |
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Active Data Online Accounting System is an asp.net 2.0 accounting information system.
The system can record, store and find accounting journal entries, manage recurring entries automatically, provide financial control and an audit trail, close all temporary accounts and generate a balance sheet and an income statement, record and report on operating, investing and financing cash flow, and optionally record and summarise Australian GST data. The system is consistent with generally accepted accounting principles (GAAP).
The chart of accounts is flexible. The system can be set up to manage unlimited subcategories and accounts, in any hierarchy, and even controlling and contra accounts. There are four special purpose journals -- cash receipts, sales, cash payments, and purchases -- and a general journal.
Accounting System can be used by small, medium, or large enterprises. It is suitable for sole proprietorships, partnerships, and companies.
The system runs on the Microsoft .net 2.0 platform. It requires a relational database. It supports Microsoft SQL Server, Microsoft Access, Oracle, MySQL, and PostgreSQL. The product includes the accounting system proper (an asp.net Web application), a recurring-journal-entry server (a .net Windows service application) and a recurring-journal-entry server management console (a .net Windows Forms application). The architecture is open, extensible, scalable, and consistent with .net 2.0 best practices.
Why choose Active Data Online Accounting System?
- It is compliant with generally accepted accounting principles (GAAP).
- It is consistent with most of Australian and international financial reporting standards.
- It is designed to work with any chart of accounts, including contra and controlling accounts. It can even support the introduction of new accounts as your business changes.
- It includes a recurring journal entry server that re-enters data rather than reminds users to re-enter data.
- It tracks cash flow directly rather than infer from profit and loss statements.
- It automates the process of generating balance sheets and income statements.
- For Australian based companies, it can even generate Australian Tax Office compliant GST business activity statements.
- At $1,000, it is an inexpensive multi-user, enterprise-wide, financial accounting information system. Similar systems from SAP, Oracle and Microsoft Dynamics cost tens or even hundreds of thousands of dollars. Bespoke solutions from I.T. consultants with hourly rates often end up costing more.
- It is sold with source code (C#). This allows your company to completely customise and adapt the system and its user interface to meet your needs.
- It is a relational database application. Some accounting software are based on closed, proprietary data structures that are not accessible or extensible. With an RDBMS based solution, your company can adapt and extend the data schema and create a larger information system with more functionality. With an open solution, you can do things such as programmatically record a journal entry when a sale transaction occurs in another system. What's more, you can share your accounting data with a data warehouse or another management information system in real time.
- It is database neutral. It supports 5 different relational database systems: Microsoft SQL Server, Microsoft Access, Oracle 10g, PostgreSQL and MySQL. This means you won't be locked into a single database vendor.
- It is fully localised: the system can be translated and run in a language other than English.
- Its architecture is clean and scalable.
- It runs on Microsoft .net 2.0, which is the fastest, most powerful and most secure business applications platform today.
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