Accounting & BookKeeping module for UltimatePOS v1.0

Phases-wise features planning:

Phase 1:

1. Charts of accounts
   • Account types: Assets, Liabilities, Equity, Expenses, Revenue.
   • Pre-configured generally used account details type. Option to add new account details type
   • Pre-configured accounts, sub-accounts
   • Accounts add/edit/delete/activate-deactivate, initial balance as of a particular date
2. Transactions (mapping different transactions to accounts type)
3. Journal entry
4. Budgeting
5. Transfer from one account to another
6. Reports – Trial Balance, Balance Sheet, & Ledger

Phase 2:

1. Account reconcile
2. Reports – Purchase payment aging, Sales payment aging & more advance reports.

Phase 3:

1. Automatic mapping of transactions based on rules
2. Reports – Advance Reporting.