SapphireOne - Accounts

Most Unique Accounting Software

SapphireOne is designed to help companies introduce accounting accuracy, in turn allowing companies to achieve peak financial performance. SapphireOne is built to comply with generally  accepted accounting principles and international accounting standards, providing comprehensive reporting functionality to assist in reviewing company performance. SapphireOne is a unique accounting software which eliminates the mystery of accounting. 

Effectively streamline and manage your day to day operations

with SapphireOne unique accounting software 

Reporting Facilities

SapphireOne enterprise business accounting software ‘s comprehensive reporting functionality allows you to analyse all aspects of your accounts and create customised new reports or use one of the many standard report templates. SapphireOne reports can be designed to meet your requirements and saved for future use. Designed with flexibility in mind, reports can be sorted by multiple criteria with numerous levels of details to choose from.

SapphireOne’s report writers allow you to produce either simple column based reports or more complex full graphical reports, to help establish your corporate identity. They also assists you to exchange data with third-party products.

With tho standard reports writers, plus our inbuilt spreadsheet, word processor and drawing package, the reporting functionality in SapphireOne is extremely diverse.

Strong reporting tools are essential to your busines and are fully integrated within the SapphireOne’s Unique Accounting Software suite.

Bank Reconciliations

SapphireOne bank reconciliation assists in the accurate tracking of bank related activities, including cash, cheque, credit-card and electronic fund transfer, allowing you to monitor the interchange of transactions with multiple bank accounts, reconciling them against the record within SapphireOne.

SapphireOne’ processes for reconciling bank account balances will ensure you always have an accurate insight into the financial state of your business and are able to audit transactions going in and out of your account. All reconciliation screens offer drill down to source data.

Direct Bank Entries

SapphireOne cash accounting general ledger, enables you to easily track revenue and expenses when cash is received or distributed, without the need to record inventory, debtor or creditor  information. SapphireOne direct bank entry allows you to rapidly input financial transactions with the knowledge that cash entries are recorded straight to the general ledger accounts, offering a simple and efficient solution to data entry.

SapphireOne’s cash accounting option is a superior solution for your record keeping requirements when you select a cash accounting basis for GST registration.

SapphireOne unique Accounting Software - Accounts Structure for mac

SapphireOne Accounts Structure

SapphireOne the corporate unique accounting software ‘s  ‘Accounts Module’ is the 1st Item on the 1st drop down menu. The Accounts menu includes the items that appear on the main tool bar across the top of the screen as shown.

The three menu items for Accounts are Receivables, Payables and General Ledger.The File and Options menus are always displayed on the tool bar and have a common set of functions. These are briefly listed below as they may be used when functions in accounts mode are used.

When data is entered through the Accounts Module , the transaction types are as below :

  • Standard Client transactions

    MR (Cash Receipt), CI (Client Invoice), CC (Client Credit), CJ (Client Journal) & CR (Client Receipt) are standard Client transactions.

  • Standard Vendor transactions

    MP (Cash Payment), VI (Vendor Invoice), VC (Vendor Credit), VJ (Vendor Journal) & VP (Vendor Payment) are standard Vendor transactions.

  • General Ledger transaction

    GJ (General Ledger Journal) is the standard General Ledger transaction.

  • Letter grouping.

    JCI, and JVI entries are all related to Projects the J standing for Job or Project and will always appear as a three letter grouping. JCI (Job\Project Client Invoice), JCC Job\Project Client Credit). Further information can be found in SapphireOne Projects manual.

Fine tuning with SapphireOne Tools

There are lots of tools available in all modules of SapphireOne ERP Enterprise business Accounting software which are useful
for custom management of accounting system and fine tuning.