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Industrial Accounting mainly used to enter the details of Subcontract and payment certificate details. As per the sub contract we can create payment certificate for the contract work. Also user can record approved variation in the contract value. User can record details of job wise expense through Journal, Receipt and Payment vouchers. Elixir Industrial Accounting module can generate reports as per activity wise and resource wise reports.
Elixir Industrial Accounting module give an option to generate sub contract agreement for each project. Also user can specify what are the activities are involved in each sub contract. In sub contract agreement we can specify all the details about like retention and advance percentage. Sub contract will automatically generate the account codes related with sub-contractor account (Advance, material retention, retention account).
Elixir Industrial Accounting module will give end user to create payment certificates against each sub contract. This payment certificate will automatically fetch contract value of the sub contract. In payment certificate user can specify approved variations and unapproved variations in the sub contract. Payment certificate will automatically all retention and advance deduction. Also user can specify work done details of each payment certificate.
Elixir Financial Management module is easy to use and complete software solution which automate and streamlines your complete financial transactions that enable you to compete in a vibrant environment. In every business having a clear, comprehensive and transparent record keeping system is essential, and accounting is the most basic framework of any business. Elixir Financial Management module provides great financial.