Accounting made easy with financial accounting software - Horizon EBS

As your business grows, managing your finance manually becomes tedious. Maintaining the accounts in spreadsheets is confusing, time consuming and prone to human errors, which is why a good accounting software need to be implemented.

HorizonEBS – Financial Accounting software helps you to track your money as it flows in & out, and offers many features to examine your financial condition. From basic invoicing to customers, recording the payments you receive, tax calculations, and following up on past-due receivables becomes much faster and easier. It enables to take better financial decision with real-time reporting.

Accounting Software

What is accounting software?

Accounting software is a tool designed for accounting professionals to efficiently manage accounts and simplify financial operations of a business. The software’s sophistication varies from single-entry used for record keeping to more advanced automation systems to manage accounts payable, accounts receivable, invoice, ledgers and more.

The accounting tool like Horizon EBS allows to track all financial transactions and instantly generate any financial reports. It enables you to organize all your financial records in a systematic structure and helps when it comes to tax time.

Why use accounting software?

Using accounting software can improve efficiency, save time and prevent error. Because all the transaction information is securely stored in one place. You can easily verify the expense or track the income that comes into the business. You can also use to record the method of payments whether in cash or by cheque and can easily craft invoices and send past-due notifications.

Horizon EBS automates many complex and repetitive accounting tasks, and thereby increases the accuracy of the data. It can generate a variety of reports and financial statements, including profit and loss statements and balance sheets. The transaction activity or statement can be compared from prior months and years to current one to analyze business growth and sales trends.

What are the benefits of accounting software?

To accounting professionals, it is a valuable company’s asset that significantly improves their efficiency to run the business smoothly. Apart from that, there are lot more important things your business can benefit from.

Improved accounting accuracy

Manual bookkeeping process involves a lot of mathematical calculation and are prone to human errors. An incorrect entry can have a greater impact on the end balance calculation. Whereas in an accounting software, the results are accurate and eliminates man-made mathematical errors.

Complete control of finance

The financial accounting software organize and stores all your relevant financial information in one place. It enables you to have a complete view of your real-time financial performance.

Automate invoices

Invoicing is an indispensable business function and the main source of cash flow, and creating invoices for recurring orders is complex. It is very difficult to track these invoices and remind customers of pending payment. Whereas with an accounting software, all these can be addressed and perfectly automated. You can set up follow-up reminders to inform customers based on the due date and can prevent accidental missing payments.

Bank reconciliation

The Horizon EBS has the ability to connect its financial accounting functions with your bank accounts, which helps you to directly access your bank statements.

Asset management

With Horizon EBS in place, you can even accurately calculate asset depreciation. Depreciation of the assets standards can be defined based on your company’s policy in accounting standards.

Reports and analysis

As you run your business, Horizon EBS stores lot of data through complete integration with project accounting, procurement & inventory control and other modules. With all the detailed in hand, it gives you deep insight into your business. The reports helps you to analyze and track performance.

Financial Forecasting

This is the essential feature of an accounting software. With all the income and expense data entered in one place, the revenue can be perfectly estimated. The detailed report helps to have complete control and eliminates unnecessary expenses.

Move to Horizon EBS today!

Accounting is part of your business every step of the way, and a good accounting software like Horizon EBS is there at every step to help you. You can write to us at sales@fit.ae or call us at +971 4 353 3727

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