1:Complete Accounting Module:-
An accounting module, in the context of software applications or systems, refers to a comprehensive and integrated set of functionalities specifically designed to manage financial transactions, record keeping, and reporting for an organization.
Module Key Points:
A journal, in accounting, is a sequential record of financial transactions of a business. It is the first step in the accounting process where all transactions, both monetary and non-monetary, are recorded in order of occurrence.
Bank refers to the amount of money held in a bank account, which could be a checking account or a savings account.This form of asset is not physical cash but is recorded in the books as a balance that can be withdrawn or used for transactions through checks, electronic transfers, or other banking methods.
Expense, in accounting and finance, refers to the costs incurred or resources consumed in the process of generating revenue or maintaining the operations of an entity.It represents the outflows of assets, typically in the form of money, in exchange for goods, services, or other benefits that contribute to the day-to-day functioning of a business.
4: Forgien Payment & Receiving Vouchers:-
A Foreign Payment Voucher is a document that records the details of a payment made by an entity in a foreign currency. It outlines the amount, currency exchange rate, and other relevant information related to the payment for goods, services, or other financial obligations outside the home country.