Profit-W - financial accounting and material values

Functionality

All financial processes in a single system

Financial process accounting

General ledger
Foreign exchange operations
Accounting by Cost Centres
Accounting of payables/receivables
Accounting of bank and cash operations
Cash flow management
Payment orders
Accounting of accountable persons, advance reconciliation
Financial statements
Integration with the STI system
Main reports

Accounting of non-current assets

Accounting of movement
Accounting of repairs
Accounting of depreciation
Segmentation, separation of quantity
Inventory accounting
Accounting of appreciation/depreciation of value
Main reports

Accounting of tangible assets

Accounting of movement of current, low-value assets
Quantitative off-balance sheet accounting of inventory
Sales management, prepayments
Accounting by cost centres - dimensions
Purchase, sales contracts
Asset inventory

Production process accounting

Formation of production calculation cards
Calculation of estimated and actual cost of products
Automatic write-off of raw materials
Material liability management
Raw material shortage analysis
Distribution of direct and indirect production costs

Transport and fuel accounting

Formation of routes and travel documents
Description of vehicle fuel standards
Automatic fuel write-off
Vehicle inspection and insurance monitoring
Tire performance monitoring

Subscriber accounting

Generation of charges for provided services
Import of payments and declared readings
Import of compensations
Formation of payment notifications and VAT invoices
Accounting of meters
Accounting of heat, water, utilities

Accounting of contracts

Registration of contracts
Contract performance control
Main reports

System benefits

Profit-W system fully complies with the requirements of Public Sector Accounting and Financial Reporting Standards. Financial and business/activity accounting is performed in accordance with the Business Accounting Standards

Advantages of Profit-W

A unified business management system and automation of the entire accounting cycle
Easily adaptable to the specific needs of companies
Implemented integration with other IT systems
Possibility to create reports independently
Complies with all the laws and legal acts of the Republic of Lithuania regulating this field

Benefits of Profit-W

The system automates processes related to finances, tangible assets, non-current assets, budget, production, transport, subscribers, contracts, orders, etc.

Technical requirements

The requirements for technical equipment depend on the volume of work with the accounting system, the number of workstations in the network, and the number of documents to be entered. For this reason, the hardware requirements may be different in some cases.

Service station

System software

Microsoft Windows Server 2012, 2016, 2019

Sybase Adaptive Server Anywhere 12.0.1*,

OpenOffice 3.2.x or newer version

Data protection

Regular database backup

Processor

4 Core, 3GHz and higher,

Memory

16 GB of random access memory (RAM), SSD disk

User workplace (in local network)

System software

Microsoft Windows 8, 8.1, 10, Sybase

Adaptive Anywhere Client 12.0.1*, system browser with the latest updates installed

Processor

Processor i5-5xxx or faster

Memory

4 GB of random access memory (RAM)

Terminal client workstation

System software

Microsoft Windows 8, 8.1, 10, system browser with the latest updates installed

Processor

Processor i5-5xxx or faster

Memory

4 GB of random access memory (RAM)

Network

Min. internet speed

1 Gbps

Protocol

TCP/IP

Recommended requirements for internet connection when working with terminal architecture

The client workstation of the terminal server should have an internet connection of 128 Kbps, the terminal server – 128 Kbps multiplied by the number of client workstations working with the terminal server at the same time. The client workstation of the terminal server must have terminal server connection licenses. The company's external IP address must be fixed.

NOTE: Technical requirements for servers and workstations apply only when using our specified operating system and software, i.e. without overloading the server and workstation with other software not specified by us. To export reports in xls or xlsx format, it is necessary to use Microsoft Office Excel (MS Office 2010, MS Office 2013, MS Office 2016, MS Office365). To export reports in doc or docx format, it is necessary to use Microsoft Office Word (MS Office 2010, MS Office 2013, MS Office 2016, MS Office365).

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