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Home» Business Builder» Features» Accounting Software

Business Builder™ Accounts Software Module

       Easy to use, simple accounting.


Business Builder™ provides full accounting and bookkeeping facilities, which enable you to maintain full accounts, raise Invoices, chase debts, calculate VAT Returns, record Expenses, etc.

You can find more information on the invoicing software that Business Builder™ provides.

Details relating to the main areas of the Accounts Module are described below.
Management Accounts

The Accounts Software includes a financial summariser, which automatically produces summarised management accounts.

This information provides you with a total overview of where your money is coming from, where you are spending money, who owes money, etc.

The Management Accounts can be produced in HTML format, enabling you to send your full accounts to your accountant, which they can then view using any standard web browser.

Click to view a simple example of the [ Management Accounts ] produced.
Purchase Ledger / Purchase Daybook
The Purchase Ledger enables you to keep track of all your business expenses. By using the Nominal Ledger, you can track expenses by Nominal Code, as well as analyse costs across departments. Where Departmental budgets are in place, this enables you to identify those departments that are overspending, or are liable to overspend, and take the necessary action.

All payments made can have detailed information stored relating to how the payments were made (i.e. cash, cheque, Direct Debit etc.) in the same way as all incoming transactions.

The Purchase Ledger can be viewed by week, or month, or over any specified period of time, and includes a separation of Gross and Nett amounts spent.

In addition to this, Regular Expenses can be set up within the Purchase Ledger which can then automatically be added when they become due, or can quickly be added into the Purchase Ledger just by clicking and dragging the relevant items into the Ledger.

Sales Ledger
The Sales Ledger provides an overview of actual Sales made. This information can be viewed for any month or year. Intelligent data retrieval ensures that only the data that you want to view is retrieved, maximising the efficiency and speed.

An on-screen summary shows the total sales made, together with the total amounts of money actually received.

Repeat and New Business breakdowns allow you to see in the Sales Ledger how many of your sales are repeat business with an existing client, and how many are the result of new sales to new customers.
Debt Ledger
The Debt Ledger provides total Debt Management control and payment chasing facilities. You can view aged debts by period, and those payments that need chasing are identified, allowing Payment Chasers/Statements to be created at a click of a button. These can then be mailed or emailed to clients.

The Debt Ledger also includes the ability to add interest to late payments according to the Statutory Right to Interest rules. And with the ability to be able to specify different payment chasers for different ages of debt, you can automatically send stronger worded chasers the older a debt becomes.
Calculate VAT Returns
The VAT Return Calculator makes the submission of your VAT Return a two minute job! The calculator will operate on either Monies Invoiced or on Income Received, depending on your turnover.

Information is displayed on screen within the relevant boxes of your VAT Return, making it a simple matter to fill in the necessary details.

Information relating to previously submitted VAT Returns can be saved for future reference.
Cash Flow Analysis
The Cash Flow Analyser will break down your cash flow into weeks or months, showing in graphical form the amounts coming in, the amount of expenditure, and the profit or loss per period. This enables you to easily identify those periods when cash flow is a possible problem, and to instigate preventative measures before they have a permanent negative effect on your business.
Cash Flow Forecasting
By analysing repeat Orders and regular Expense information, Business Builder can show you actual amounts of expected Income and Expenditure. Combined with the ability to be able to set up "what-if" scenarios, the Cash Flow Forecaster can highlight cashflow shortages well before they become an issue.
Bank Statements
The Bank Statements alllows you to see all transactions that relate to any of your bank accounts or credit card accounts over any given period, showing who the payment is from or to, the date, the amount, and the balance as at that date.

Full reconciliation facilities are available in "Reconciliation Mode", enabling you to easily match your incomings and outgoings with your bank statement and highlight any discrepancies.

Popup information allows you to quickly see the details that relate to any transaction, allowing you to easily find the information you need.

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