{"id":1720,"date":"2020-08-05T12:11:04","date_gmt":"2020-08-05T06:41:04","guid":{"rendered":"https:\/\/blog.isocietymanager.com\/?post_type=ufaq&p=1720"},"modified":"2023-04-29T12:51:17","modified_gmt":"2023-04-29T07:21:17","slug":"how-to-start-with-accounting-of-your-society","status":"publish","type":"ufaq","link":"https:\/\/factech.ai\/blog\/ufaqs\/how-to-start-with-accounting-of-your-society\/","title":{"rendered":"How to start with Accounting from Factech Solutions?"},"content":{"rendered":"
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\n\t\t\t\tHow to start with Accounting from Factech Solutions?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t
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Facility ERP Suite For Real Estate<\/strong><\/h1>\n

Factech provides a complete Facility ERP suite for real estate. You can manage your complete accounting online and get the different accounting statements generated on the go.<\/span><\/p>\n

Factech Accounting is a cloud-based smart accounting software that takes care of all your accounting needs.<\/span><\/h5>\n

Factech Accounting – Cloud-Based Complete ERP<\/h2>\n

If you want to keep on top of your finances, then you have to keep them organized. Factech gives you accounting tools to categorize transactions, track cash flows, and monitor your financial health.<\/span><\/p>\n

Accounting User Guide<\/h2>\n
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  • How to add Accounts or Account Charter<\/span><\/a><\/li>\n
  • How to add Groups<\/a><\/span><\/li>\n
  • How to handle TDS and GST Taxes<\/a><\/span><\/li>\n
  • How to add Opening Balance for Ledger<\/a><\/span><\/li>\n
  • How to Get Complete Ledger Transactions for an Account<\/a><\/span><\/li>\n
  • How to get Trial Balance as on Date<\/a><\/span><\/li>\n
  • How to get balance sheet financial Statement as on Date?<\/a><\/span><\/li>\n
  • How to get income expense statement in Accounting Sofware?<\/a><\/span><\/li>\n
  • How to add Journal Entry?<\/a><\/span><\/li>\n
  • What are Journal Entries for Vendor Bill and Payments?<\/a><\/span><\/li>\n
  • What details required to Tally integration?<\/a><\/span><\/li>\n
  • What are different financial statements in Accounting Software?<\/span><\/a><\/li>\n<\/ul>\n

    <\/h2>\n

    Accounting FAQ<\/strong><\/h2>\n

    Benefits of accounting service:<\/h2>\n
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    • Create accounting entries for partial, project-based, or vendor invoices.<\/span><\/li>\n
    • Collect payments from vendors, customers.<\/span><\/li>\n
    • Match payments with invoices to keep an accurate record of accounts.<\/span><\/li>\n
    • Synch with Billing and Payment Service<\/strong><\/em><\/a><\/span><\/li>\n
    • Different accounting-related artifacts get created:<\/span>\n
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      • General Ledger<\/span><\/li>\n
      • Trail Balance<\/span><\/li>\n
      • Income\/ Expense Statement<\/span><\/li>\n
      • Balance Sheet<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

        <\/h1>\n

        2 Options for Complete Accounting ERP<\/h2>\n

        iBill Accounting<\/h2>\n

        For Commercial Real Estate and Corporate Parks, etc.<\/span><\/p>\n

        iSociety Manager Accounting<\/h2>\n

        For Residential Societies, RWA and AOA. To know more visit Society Accounting Software<\/a><\/p>\n

        What are different financial statements in Accounting Software?<\/a><\/p><\/blockquote>\n