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)

Features

  • Bank and Cash accounts including bank transfers
  • Three modes of operation, Lite, Classic & Enterprise
  • 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
  • Revised budgets and virement facility
  • 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 access previous years accounts
  • Assets Register including stocks and investments plus an insurance schedule facility
  • Contra transactions and journal transfers
  • Period lock
  • BACS payment upload facility & cheque printing
  • Sales Invoices
  • Purchase Orders/Commitments
  • Regular Payments/Receipts
  • Free AdvantEDGE Asset Manager module for the first fifty assets
  • Dashboard view on home screen to show important information at a quick glance

Reports

  • Schedule of payments for approval at a meeting
  • Cashbook
  • 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
  • Production of the Annual Return
  • Full audit trail
  • All documents and reports are easily exported to PDF/Word/Excel or emailed directly to recipient

Click Here to download an information sheet on AdvantEDGE Finance

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