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TARGET Financials is a state of the art, fully integrated, on-line financial system, designed and developed precisely to cater the middle-east market demands with advanced management reports for the middle and top-level managers. The accounting profession's leading write-up software since 1989, TARGET Financials is the heart of seamless integration within the TARGET Professional Suite. With its flexible design and extensive features, TARGET Financials enables you to provide customized accounting services that efficiently meet the needs of your most diverse and demanding clients, and offer value-added analytical services that will help grow your practice well into the future.

Leading-edge technology, flexible features, and seamless integration with TARGET Professional Suite make TARGET Financials a powerful system for processing client work, and laying the groundwork from which to build more lucrative personalized services. From timesaving features (such as flexible setup, intuitive shortcuts, and import capabilities) to professional presentation, is the perfect tool to meet the wide-ranging needs of your clients, and to be a foundation for the changing needs of your accounting practice.

With TARGET Financials, you design your own chart of accounts according to your organizational structure! It’s a breeze to set-up and modify and is all done on screen without the need for unduly complicated account codes. With multi-division organizations, you can produce consolidated reports or report on a single division.

TARGET Financials

1

Accounts Receivables

2

Accounts Payables

3

General Ledger

4

Costing

5

Budgeting

6

Vendor/Customer Aging

7

Analysis

8

Payable / Receivable PDC Management

9

Vendor / Customer Ledger Reports with aging

10

Vendor / Customer Outstanding Statements

11

Bank / Cash / Day book Trail Balance / Balance Sheet / P & L Reports

TARGET Financials is fully integrated with all other modules in resulting in automatic posting and up-to-date balances. With its simple on screen inquiry function, you can search easily for details of any transactions at any given time. Flexibility in handling financials periods enables the user to post entries to earlier period while working in a latter one. Automatic accrual reversals and built-in defaults result in faster processing. The forecasting to actual comparisons, and the ability to transfer reports to spreadsheets for additional analysis, adds further dimensions to the possibilities of TARGET Financials,

Debtors & A/c Receivables

Using a system, which helps better monitor your cash flow and expedite collections, is the easy way to win over slow paying debtors!

Users are privileged to determine customer specific credit terms, discounts, charges and retentions as needed. You can even have accounts with multiple delivery addresses, different aging periods for different customers and apply charges to overdue accounts if necessary. Statements can be managed on a debtor-by-debtor basis for printing, faxing or email distribution.

Creditors & A/c Payables

Paying suppliers in time and winning settlement discounts is a greater credibility you can enjoy using TARGET Financials.

The system provides you with the benefits of maintaining individual credit terms and different aging periods for different accounts you can define to take advantage of the best times to pay. The system is enabled with a cheque printing facility as well as automatic generation of remittance advices. Multiple methods of invoice allocation allow the user to tally every payment with individual bills thereby keeping the creditors account fully reconciled at any given point of time.

General Ledger. TARGET Financials-

GL gives you a flexible and clear presentation of critical financial information. It receives data from manual and reversing journals, entries from other accounting systems, inter-company journals, and recurring and standing journals. Data is captured and transferred directly by other modules (such as Accounts Payable, Accounts Receivable, and Inventory Accounting) or entered manually through journal entries. All general ledger transactions can be traced back through the journal to the originating document or payment record.

Data such as account balances, statistical data, budget data, and historical data is maintained on the database. You can measure planned-versus-actual performance for each unit in your organization, control many budgets and periods simultaneously, and post on demand.

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