DVX Accounts is fully integrated module to filter information from the Production & Media modules with no re-keying.
A full and comprehensive accounting system comprising Purchase, Sales & Expense ledger (with P11D Analysis capabilities) interfacing through to a flexible Nominal Ledger with Cashbook / Journal / MTD VAT & Bank Reconciliation functionality. Increased Drill Down - Double click on any transaction line (Sales, Expense, Purchase or Nominal) to follow a comprehensive on-screen audit trail PLUS view which invoices were paid by which remittance at a glance PLUS Production & Media documents (e.g. Sales Invoices) can be viewed directly from Accounts.
Automated Interfacing - Update entries from Production & Media systems directly onto all the ledgers PLUS automate the transfer of entries from Purchase, Expense and Sales ledgers onto the Nominal as required.
Live Debtors & Creditors - Excellent live aged reports allowing cash & payment forecasting. Payment dates can be amended on the screen & notes added as required. Invoices can also be "split" to handle part payments or receipts as required.
DVX Accounts ledgers each have a detailed database to maintain Supplier, Client & Employee information including Primary & Secondary Addresses (useful for factoring companies) contact names, numbers and email addresses, credit limits and credit terms.
Summary or detailed information from these databases can be exported to excel (or any other file type) for further data analysis. The Invoice processing screens are designed to transfer Production & Media related data (Job/Schedule & Invoice Numbers) into the accounts to ensure a clear and clean audit trail through the system from initial input to Nominal Ledger. Direct input invoices can also be entered from here. Allocating Client Receipts, payment of Supplier Invoices and Employee Expenses Claims is simple/fast & flexible. Cheques and or remittances can be printed &/or emailed automatically PLUS a BACS data file for import into your online banking system can be automatically produced.
Client Statements & Credit Control letters can also be automatically produced & emailed directly to your clients as required.
A user friendly double entry Nominal Ledger is available with codes up to 8 characters long (including cost centers if required).
Flexible Trial Balance, Balance Sheet & Profit & Loss reporting ensures you see the detail you require PLUS simple export to excel facilities ensure simple migration of your figures to your management reporting.
Full Nominal Budgeting capabilities with detailed reporting to compare Budget vs Actual over any time period. Reforecasting throughout the year adds another level of accuracy to your budget comparisons.
HMRC Recognised - Quick and easy VAT Returns with DVX Accounts.
The DVX Standard VAT Return Program calculates your VAT liabilities for your selected date range. You can check & verify all figures in a detailed report and make any adjustments before completing your Vat Return.
Fully MTD Ready – allowing direct submission to HMRC.
DVX Accounts bank reconciliation is the process of comparing your company's bank statements to your own records, ensuring all transactions are accounted for. An effective bank reconciliation process can identify any discrepancies in your company's records, and help prevent fraud and theft from your bank account.
If you weren't to reconcile your accounts, you could potentially lose a lot of money. Worse still, any fraud or theft against your business will go unidentified.
At its most basic, the bank reconciliation process helps ensure that the total amount of money reported by DVX Accounts agrees with the actual money in your bank account. This means no funds will be unaccounted for and purchases can be verified, which is essential for avoiding issues like encountering non sufficient funds as well as general data entry.
Key reports are available via DVX Accounts all viewable on screen & downloadable in Excel format. Key financial standard reports are available including Invoice & Receipt/Payments Day Books as well as Turnover reports.
DVX Accounts also includes a Report Generator allowing you to create your own reports with the detail required by you.
