|
Call Customer Support
800-FARAHAT
Download: FABS Brochure
|
|
|
|
| FABS Financial Accounting |
| |
 |
To make your accounting faster and more globally competitive, the IT Divition of Farahat & Co. - one of the leading Accounting and Auditing firms in the UAE - has developed a new Windows-based application software called FABS Financial Accounting Solution available in English and Arabic and specifically designed to deliver unique business accounting solutions.
|
|
This FABS solution is created with a user-friendly interface, comprising "drill-down" features included in all accounts reports and up to the level of transaction entries (Trial Balance, Balance Sheet, Profit and Loss, Ledger Report, Accounts Balance, such as.
|
|
|
Key Features
|
Inventory Control
|
|
- User-defined general ledger structure and chart of accounts in English/Arabic
- User-defined general ledger structure and chart of account levels
- General ledger, accounts receivables, account payables, cash & bank ledgers
- Facilitates financial analysis of reports through online zoom-to-detail
- Daily transaction report (collection, expenses, purchases, sales, etc.)
- Cost calculation methods (LIFO/FIFO/Weighted Average)
- Complete year-end closing
- Complete Order Tracking
- Raise invoices based on sales quote, sales order or directly
- Multiple search criteria
- Supports partial and full invoice payments
- Provides one click access to vendor or customer account,
payment history and transaction details for rapid analysis
- Prints on-demand vendor or customer statements
- Delivers complete aging information
- Automatically calculates invoice amounts and due dates by vendor
- Provides a complete audit trail of invoice adjustments and debit/credit memos
- User-defined multiple currency codes and automatic calculation of exchange gain/loss
- Customizable group rights help to define rights based on departments of user levels
- Detailed check tracking, maintenance & reconciliation module
- Flexible user-definable financial reports
|
- Item Classification (Group, Category)
- Maintain multiple item classes or groups
- Definable Stores/Warehouses, Unit of Measurement
- Purchase Order, Pending Purchase, Purchase Returns
- Automatic Inventory Update
- Manage and track stocks in multiple warehouses
- Sales quotation, delivery order, direct invoicing, sales invoice general, sales returns
- Sales register and stock ledger
- ABC analysis, stock aging analysis, sales representative-wise analysis
- Item enquiry, stock position
- Graphical Reports (Sales, Aging Analysis)
- Multiple costing Methods
- Track extensive detail on each of your inventory items
|
|
Fixed Asset
|
- Manages entire fixed asset lifecycles including transfers and disposals
- User-defined asset details & categories
- One click depreciation calculation
- Straight-line asset and double-declining balance depreciation calculation methods
- Depreciation register report
- Useful fixed asset reports
|
|
Letter of Credit
|
Complete LC module for:
- Import =- LC creation, expenses, shipment, settlement & invoice close
- Export - LC acceptance, goods delivery
- Complete reports module for import and export transactions with standard parameters - LC open,
LC closes, shipment, expenses & settlement
|
|
Salient Features
|
- Arabic & English Interfaces
- Help available in every screen
- Compressed backup and restore database utility with scheduling
- Multi-company, multi-cost center, multi-currency, multi-user
- User-level security and access control on each menu option and activity level with comprehensive
user log for each user
- Customizable logo/ standard letter - lead for reports
- Check printing facility with payment voucher
|
|
|
User-Defined Financial Reports
|
- Account Detail Report
- Balance Sheet
- Budget Worksheet
- Business Graphics
- Chart of Accounts
- Income Statement
- Journal Report
- Account Balance List
- Account Budget List
- Statement of Cash Flows
- Trial Balance Reports
- Working Trial Balance
- Cost Center-wise Profit & Loss
and Many more...
|
|
|
|
|
|
