Leto Financials – Accounting Software

Segment Creator: Enables the users to create unlimited Account Segments. Each segment can be a report master, for Ex. Division, Department, Location, Sub Division, Region, Country….etc

Accounts Structure: The versatile Account Code Structure can be created with multiple combinations of segments.

Account Codes & Description: Alpha numeric Account codes, Establish valid accounts description up-to 60 characters.

Journal codes: Create user defined journal codes.

System Control: Control posting by period or particular date. User-assigned security rules restrict entry and query access to specific entries, accounts, or range of entities and accounts.

Transaction: Post transaction in summary and details.

Recurring entries: Define an unlimited recurring entries and transactions.

GL Budgeting: Establish General Ledger budgeting and create “what if” scenarios, print variance reports

Reporting : Crystal Report Designer

Track multiple organizational divisions such as business areas and profit centers.

Tracks multiple entities so that each organization has a specific accounting structure.

Consolidate multiple entities results.

Create unlimited user defined field for flexible reporting.

Budgeting for each segments

Run Monthly budget and statements segment wise.

Segment-wise reporting.

Import & Export from Microsoft Excel.

Debit and Credits have separate columns in the journal voucher entry screen.

Post journal and cash entries as batches. Batches enable user to enter multiple same type of transactions

Recurring Journal entries are automatically posted by the G/L.

Post to Different accounts in several companies with the same posting source.

Identify inactive accounts so that entries can’t be made.

Assign Default general Ledger Accounts

Create unlimited Supplier Group and Key Vendor Information

Define Multiple Payment Methods for each vendor or group.

Tracks Supplier Activities of Invoices, payments, returns

AP ageing reports on outstanding balances, due date, invoice date and ageing based on supplier type.

Recognize debit notes or cost adjustment made by user.

Invoice Copying

Reconciling payments with supplier accounts

GL Integration

Integration with Leto Workflow Engine for Invoice and Order Approval

Grow Vendor Relation with Supplier Transaction history.

Track against prepayments and recurring payments

Predefined Vendor Relation templates reports with Email Integration

Import and Export invoices, payments from Microsoft Excel Sheet

Holding  & Releasing Invoices for Payment

Track Additional charges against any invoice from any supplier

Track Supplier Check/TT number, date of issue and amount.

Establish Paperless office with scanning of all Vendor related Documents for future references.

Recognizes credit notes or cost adjustments made by user

Suspend, put on hold for an individual vendor, individual invoice.

Seamless integration with Leto Enquiry Module, search by any criteria

Payables performance tools for payments and discount tracking

Account payable balances at business unit and cost center levels

Verification to prevent a vendor with an open PO or unpaid invoice from being deleted.

Payment Release advice reporting.

Support selective payment by vendor type.

Delete inactive vendor after a user-defined period

Automatically calculate discounts based on the vendor category

Process partial payment to an invoices from vendor

“As Of” Reporting

Supplier Credit Limit Warning track

Reporting : Crystal Report Designer

Assign Default general Ledger Accounts

Create unlimited Customer Group and Key Vendor Information

Define Multiple Payment Methods for each Customer Category.

Tracks Customer Activities of Invoices, payments, returns

AR ageing reports on outstanding balances, due date, invoice date and ageing based on customer type.

Recognize credit notes or cost adjustment made by user.

Customer Refund and Write off

Maintain customer credit surveillance

Generate Segment wise reporting.

Powerful Sales Activities and projection Dashboards.

Customer Credit Rate tracking and customer discount matrix

Place customers on hold for credit, and warning will automatically appear in Order entry

Assign credit limits to customer and warning also track automatically in Order

Invoice Copying

Import and Export invoices, Receipts from Microsoft Excel Sheet

Predefined Customer Relation templates reports with Email Integration

“As Of” Reporting

Allow for installment plan for Receivables based on Sales Contract Terms and Conditions.

Consignment Invoicing and Tracking

Tracks Advance payments and down payment, and posts them to A/R when the sale is taken

Provides automated numbering for customer with user defined sorting and sequencing capabilities

Maintain Payment terms and discounts

Creates A/R aging reports

Forecast receipts based on the historical payment patterns of customer accounts.

Print & send automatically Customer statements of account.

Powerful enquiry tools to check complete customer’s history.

Partial shipments or shipments from selected invoices can be combined into a single invoice.

Computes and posts finance charges for specified single customer or list of customers.

Reporting : Crystal Report Designer

Leto Multicurrency module enables to make any transaction globally in different currencies.

Master currency list with Major currencies with user defined currencies.

Different currencies can be used for accounts receivable receipts and accounts payable payments, enabling payments in currencies other than the invoice currency.

Defines multiple currencies for transactions, accounting, and financial reporting

Manage and update ledger in multiple currencies

Input exchange rates automatically or manually

Converts currency at point of transactions

Define multi rate type for currency conversion

Records gains or losses

Auto-calculate unrealized gain or loss from fluctuations in exchange rate.

Revaluate foreign currency accounts

Foreign Exchange gain/loss for reporting

Assign default currency for each vendor, customer and inventory items.

Produce statements and remittances, and invoice customers/suppliers in their currency

Track currency rate history

Ledger wise Currency

Create bank adjustments

Reporting : Crystal Report Designer

Create unlimited banks and multi currency bank account

Manage up to date Cash balance

Views of inflows and outflows from cash book

Records cash and bank accounts

Tracks bank payment and receipts

Print unlimited check stationary

Prints accounts statement

Reconcile your bank register and General Ledger cash accounts to your bank statement.

Manage multiple payment types like check, credit card, cash and other.

The Cash Management module is integrated with the General Ledger and other financial modules.

Cash Projection by currency

Process reverse transactions.

Check committed funds against cash reserves or availability.

Automatically calculates currency gain/loss in cash transactions.

Effective Graphical Reports for Bank Cash Movements.

Bank Transactions activities.

Reporting : Crystal Report Designer