For all our custom made applications, there is an Accounts module. Here’s a brief description of each functionality in the accounts module of our custom software:

1. Income and Customer Management:
   This feature allows users to track all income sources and manage customer records efficiently, ensuring accurate billing and reporting.
2. Expenses and Suppliers Management:
   Users can record and categorize expenses while managing supplier information, facilitating better tracking of outgoing funds.
3. Journal Adjustments:
   This functionality enables users to make necessary adjustments to journal entries to ensure accurate financial reporting.
4. Banking:
   Users can manage all banking transactions, including deposits, withdrawals, and transfers, to maintain accurate cash flow records.
5. Provisioning for Doubtful Debts:
   This feature allows users to set aside provisions for debts that are likely to be uncollectible, ensuring realistic financial projections.
6. Investment Tracker:
   Users can monitor and manage investments, tracking performance and returns to make informed financial decisions.
7. Invoicing:
   The invoicing feature enables users to create, send, and manage invoices efficiently, streamlining the billing process.
8. Payments:
   This functionality allows users to record and manage all types of payments made to suppliers or service providers.
9. Receipting:
   Users can issue receipts for payments received, providing customers with proof of transactions.
10. Bank Reconciliations:
    This feature facilitates the reconciliation of bank statements with internal records, ensuring accuracy in financial reporting.
11. Cash Reconciliations:
    Users can reconcile cash transactions to ensure all cash inflows and outflows are accurately recorded.
12. Write-Off Bad Debts:
    This functionality allows users to write off debts that are deemed uncollectible, maintaining accurate financial statements.
13. Bank Charges:
    Users can record and track bank charges, ensuring that all fees are accounted for in financial reporting.
14. Bank Interest:
    This feature allows users to calculate and record interest earned from bank accounts, contributing to overall income.
15. Cash Transfers:
    Users can manage cash transfers between different accounts or departments, maintaining accurate cash flow records.
16. Capital Injections and Outflows:
    This functionality tracks capital investments into the business as well as outflows, providing insights into funding activities.
17. Business Loans:
    Users can manage and track business loans, including repayments and outstanding balances, ensuring accurate financial management.
18. Budgeting:
    The budgeting feature allows users to create, manage, and monitor budgets, facilitating financial planning and control.
19. Budget Performance:
    Users can assess budget performance against actual expenditures and revenues to identify variances and inform decision-making.
20. Chart of Accounts:
    This feature provides a structured framework for categorizing all financial transactions, ensuring organized accounting practices.
21. Other Accounting Features:
    Additional functionalities may include advanced reporting, financial analysis tools, and compliance management to enhance accounting practices.

At the end of the day, this module generates standard financial statements like the balance sheet, trial balance sheet, and income statement, along with custom accounting reports, providing comprehensive insights into the financial health of the organization.