Accounting

What Accounting does for your business

ZhiftERP Accounting is a full double-entry system for businesses of any size, in any currency. It handles everything from daily bookkeeping to multi-company consolidation in real time.

Tax compliance is built in, with configurable rules for VAT, GST, WHT, and country-specific requirements. The chart of accounts is fully customizable with automatic bank reconciliation and complete audit trails.

• Double-entry general ledger with full audit trail
• Multi-currency with automatic exchange rate updates
• Automated bank reconciliation with bank feeds
• Accounts payable & receivable management
• Multi-company with inter-company transactions
• Customizable chart of accounts per company
• Cost centres & profit centre reporting
• Budgeting, variance analysis & forecasting
• Configurable tax engine (VAT, GST, WHT, CIT)
• P&L, Balance Sheet, Cash Flow statements
• Subscription & deferred revenue management
• Year-end close automation