Main features included in the software are to provide the necessary features for effective day to day accounts management together with Account and Audit Regulation facilities including FRSSE.

The software allows the user to have complete control over the finances of the Council. An extensive range of financial reports can be quickly and easily produced. All financial information can be controlled for individual committees as well as for the Council as a whole, with a facility for reports only for Councillors and Auditors.

AdvantEDGE Finance allows the user to work using either Receipts and Payments (R&P) or Income and Expenditure (I&E)

Set-up & Daily Usage

  •  Bank and Cash accounts including bank transfers
  • Multiple Committees
  •  Budget Headings to 3 levels of sub-headings
    for even greater control
  •  Budget amounts to the lowest sub-heading level
    for the current year and the next financial year
  • Virement facilities and revised budgets
  • Income & Expenditure headings can be defined
    to your own descriptions
  •  Easy to use Receipts and Payments data entry
    with user defined VAT types and rates
  • Easy to use Accruals and Pre-Payments
    Section 137 and Section 106 expenditure (CIL)
  • Facility to work on multiple years concurrently
  •  Assets Register including stocks and investments
    plus an insurance schedule facility
  •  Contra transactions
  •  Journal transfers
  •  Automatic cheque printing facility, BACS upload facility
  •  Sales Invoices
  • Purchase Orders/Commitments
  •  Regular Payments/Receipts

Reports

  • Schedule of payments for approval at a meeting
  • Receipts and Payments Summary of accounts
  • VAT reports, cheque reports, paying in reference
    reports, Section 137 reports and Section 106 (CIL)
  •  Ledger reports for customers, suppliers, income,
    expenditure, aged debtor/creditor lists
  • Analysis of income and expenditure by committee
    and/or budget headings
  • Bank reconciliations and reports
  • Comparisons of budgeted and actual figures
  • Credit Control reports
  • Balance Sheet, Income & Expenditure,
  • Account and trial balance
  • Annual Return figures
  • Full audit trail
  • All reports easily exported to PDF/Word/Excel
    or e-mailed directly to Councillors

Click Here to download an information sheet on AdvantEDGE Finance

Read about our Finance Lite module

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