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The ERP Backbone

Injazat Financials

Why choose Injazat Financials?

  • Injazat Financials is the backbone of Injazat ERP. When integrated with the other members of the ERP (Human Resources, Real Estate, Manufacturing, and Fixed Assets), it receives accounting data posted to it by these applications.
  • It is composed of a double-entry accounting module and a distribution module. The accounting module includes General Ledger, Accounts Receivable, Accounts Payable and Sub Ledgers. While the distribution module includes: Sales, Purchasing and Inventory Management.
  • Among its unique features is an interactive Trial Balance program, a general Journal transactions program, a budget setup program, and the ability to record general ledger transactions in multiple currencies.
  • Cost Centers can be defined at the general ledger accounts level to track income and expenses. Cost Centers can be defined for many purposes among which: projects, company departments, and assets.
  • It is Saudi VAT ready and generates reports which aid in the raising of the VAT Return Form.
  • It has many advanced features listed below, with some having explanatory videos.
  • Injazat Financials automates your accounting functions and makes your bookkeeping easy and simple.
  • Includes many time-saving features to grow your business.
  • Create VAT invoices for goods and services and track payments.
  • Manage your bills and expenses easily.
  • Control your supplier invoices and get a clear indication of your future bills to be paid.
  • Get paid faster by tracking due accounts receivables through detailed reports.
  • Use SMS to send messages to the customer's mobile immediately after credit invoice generation to alert the customer.
  • Demand payment for outstanding customer balance by sending an SMS message directly to the customer's mobile.
  • Inventory is totally integrated with accounting so stock activity affects your books in real-time.
  • Track customer postdated checks and deposit them when due for collection.
  • Record General Ledger transactions in multiple currencies and for multiple cost centers.
  • Specify VAT percentage at the item level.
  • Update actual on-hand inventory quantities through the Physical Inventory program.
  • Issue items to projects as cost centers.
  • Set sales targets for your sales representatives and track their performance.
  • Generate a single invoice to include items from multiple showrooms, stores or warehouses.
  • Store sold items in virtual warehouses set up for each customer as goods in custody.
  • Make local and foreign purchase orders in the currency of choice.
  • Price received items directly from the receipt voucher.
  • Record a single vendor invoice from multiple receipt vouchers.
  • Assemble a single product from a number of raw material items using a template.
  • Disassemble a product into its components using a template.
Below are some of the major features of the Financials package

General Ledger Transactions

Prepare GL transactions with the option to make them repetitive. The cost center can be specified at the account level.

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Sales Operations

Prepare proposals, sales orders, and VAT invoices. Cash sales invoices can be tracked via the buyer’s mobile number. Record sales return invoices..

Purchasing Operations

Issue purchase orders and receive the items directly from the vendor invoice via the receipt voucher and spread the expenses among all items.

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Inventory Control Operations

Injazat Finanacials uses Perpetual inventory management. Classification of items in a tree, six categories of sales units and six categories of sales prices. VAT percentage at the item level.

Budget Accounts Balances Setup

Setup annual budget balances per account manually or based on previous years’ actual figures. Compare monthly, quarterly and yearly budget balances with actual figures.

VAT Invoices and reports

Issue VAT invoices. Generate VAT reports as per the requirements of the General Authority of Zakat and Tax. A special report is available for finding the actual figures required for filling the VAT Return form.

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Cost Profit Centers

From cost centers’ revenue and expenses the profit and loss for each cost center can be calculated. The cost center can be a department, a project, a car etc. The cost center is linked to general ledger accounts..

Accounts Receivables

Create customer profile and generate non-inventory related transactions such as cash receipt, service invoice, credit and debit memos, etc. .

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Financial Reports

Process Trial Balance, Income Statement and Profit and Loss reports in summary or detail. All reports can be exported to Excel or saved in PDF format.

Download the Financials brochure

Our clients

Testimonials

Here is what some of our clients are saying about our Financials package .

Budget against actual balances comparison reports, for a period of choice, allowed us to know the deviation at the account level.

Mohammed Saad

Chief Accountant, Mohammed Al-Nashmi Est, Riyadh

The consideration of projects as cost and profit centers enabled us to know the financial position of each project.

Riad Al-Sadiq

Chief Accountant, National Equipment Company, Jeddah

The debt collection process has become much faster after the use of SMS issuance to the customer’s mobile directly from Injazat Financials. Fozi Musallam

Accountant, Al-Mustaneer Company for International Trade, Jeddah

Inventory stock quantities reporting and inventory adjustment programs made it easier for us to adjust inventory stock quantities.

Atif Al-Laham

Finance Manager, Sadeem Al-Fajir Company, Al-Taif

(012) 650-2809

Call us now for a live demo online or in the comfort of your office by a visit from our sales representative.

Address

Technical Center
Khalid Ibn Al-Waleed Street
Office 25, 3rd. Floor
Jeddah, Saudi Arabia

Email

info@injazat-software.com

Contact Numbers

012 653 4666
012 653 2066
012 653 2966
012 650 4702

Get in touch

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