Arrow Accounting Software

Arrow Financials in detail

• Arrow financials Cashbook

The Arrow Cash Book module is where the majority of cash transactions are entered into the system. This centralising of cash related transactions makes data entry consistent and easy to learn.

If you are using Payroll or Creditors, then there are only two exceptions where cash related entries are entered via a subsidiary ledger and then posted online to the Cash Book. These are:

- Creditors cheque payments that are created through the 'Process Automatic Payments' function from within the creditors module.
- Payroll cheque and bank transfer payments that are created through the `Process Payroll' function from within the payroll module.

All other cash entries are entered through the Cash Book module and then posted online to the relevant module.

• Arrow financials Debtors

The main features of the Arrow Debtors/Invoicing module are listed below:

- Ability to handle multiple debtor period types being Monthly, Four weekly, Two weekly and Weekly.
- Reports and statements can be printed by each period type.
- Standing / recurring invoices can be generated automatically.
- Standard blocks of text can be established to minimise data entry during invoice entry.
- Notes can be entered against debtors.
- Invoices can be automatically receipted.
- Sales Commission and Settlement Discount can be calculated.
- Optional ability to enter values in Foreign Currency
- Optional Special Pricing facility

Where the debtors module is used with the Extended General Ledger module, you can have multiple debtors ledgers (multiple control accounts) running within Arrow.

• Arrow financials Creditors

The Creditor's module can operate stand alone or integrated with other Arrow modules.

Some of the Creditors module features are:

- Automatic Payment Generation
- Provision for Withholding
- Purchase Analysis
- Pay Creditors by Electronic Funds Transfer
- Notes can be kept for Creditors
- Invoices can be automatically paid
- Optional ability to enter values in Foreign Currency
- Parent Account facility

Where the creditors module is used with the Extended General Ledger module, you can have multiple creditors ledgers (multiple control accounts) running within Arrow.

• Arrow financials General Ledger

The Arrow Standard General Ledger module has been designed to run stand alone or in an integrated environment. The Extended General Ledger module has all of the features of the Standard General Ledger.

Some of the features included in the Standard General Ledger are:

- 4 digit numeric account code with a 2 digit numeric sub code.
- This year, last year and next year budgets.
- Last year comparatives can be entered.
- Automatic Standing Journals.
- Standard financial reports based on account type
- General ledger report writer to customise financial reports.
- Twelve or thirteen general ledger periods.
- Facility to cater for prior period and prior year journals.
- Complete audit trails to sub ledgers.
- Ability to automatically copy chart of accounts.

• Arrow financials Job/Time Costing

The Arrow Job Costing module has been designed to run stand alone or in an integrated environment. Job Costing integrates with Debtors, Creditors, Purchase Orders, Stock, Payroll, Bill of Materials and the General Ledger.

Some of the features included in the Arrow Job Costing module are:

- Printing of job quotes.
- Recosting of estimates.
- Parent and sub (child) jobs.
- Entry of staff timesheets.
- Cost Centre breakdown of a job.
- Automatic job invoicing.
- Ability to enter both cost and charge out rates for each transaction.

Jobs can be dissected into cost centres to enable cost and income analysis, all transactions entered into job costing are allocated to a cost centre. Cost centres also determine the posting of transactions to the general ledger for 'sales', 'cost of sales' and 'work in progress'.

• Arrow financials Fixed Assets

The Arrow Fixed Assets module has been designed to run stand alone or in an integrated environment. Fixed Assets integrates with Creditors, Job Costing, Purchase Orders and General Ledger.

Some of the features included in the Arrow Fixed Asset module are:

- Maintenance of both book and/or tax values.
- Depreciation calculation on either daily, monthly, quarterly, six monthly or yearly basis
- Assets can be categorised and depreciated by asset code, asset type and asset location.
- Ability to revalue or write-off assets.
- Serial number and bar code can be maintained for each asset.
- Private usage can be maintained for each asset.
- Links to Purchase Orders, Creditors and Job Costing.
- Depreciation can be optionally posted to Job Costing.

• Arrow financials Payroll

The Arrow Australian Payroll module has been designed to run stand alone or in an integrated environment. Payroll integrates with Cashbook, Job Costing and the General Ledger.

Some of the features included in the Arrow Payroll module are:

- Accrual of employee entitlements based on either fixed accrual, pro-rata accrual or on an annual basis.
- Electronic Funds Transfer.
- Employers Superannuation Contributions.
- Termination of employees and Reinstatement of terminated employees.
- Pay rounding to tax or gross.
- Integration to and from Job Costing.
- Cost Centre entry and reporting without job costing.
- Payment Summaries Printing both on Plain Paper and ATO stationery
- Payment Summaries reporting on Disk/Tape for the ATO

• Arrow financials Purchase Orders

The Arrow Purchase Order module has been designed to run stand alone or in an integrated environment. Purchase Orders integrate with Creditors, Stock, Sales Orders, Job Costing and Bill of Materials. Some of the features included in the Arrow Purchase Order module are:

- Partial receipting of a Purchase Order.
- Automatic order generation from sales orders, production orders or job estimates.
- Multiple delivery addresses.
- Foreign Currency Purchase Orders, receipts and invoices.
- Full and flexible landed costing.
- Partial shipment of orders.
- The ability to enter a Purchase Order and supplier invoices in a foreign currency.

• Arrow financials Sales Orders

The Arrow Sales Order module has been designed to run stand alone or in an integrated environment. Sales Orders integrates with Debtors, Stock, Special Pricing, Purchase Orders and Bill of Materials.

Some of the features included in the Arrow Sales Order module are:

- Maintenance of multiple delivery addresses per debtor.
- Creation of Quotations and the printing thereof.
- The ability to create orders from quotes.
- Direct generation of packing slips or invoices during order entry.
- Manual or automatic backorder allocation.
- Partial shipment of orders.
- Consolidated invoices.
- Automatic generation of orders from standing orders.
- Links to Purchase Orders and Bill of Materials.
- Orders in Foreign Currencies
- EDI, Electronic Data Interchange
- Bar coding

Arrow will deal with all facets of the Sales Order Process, you can:

- Enter a quote, turn it into an order, print a packing slip, ship the goods, print a delivery docket, and process this into an invoice.
- Enter an order and turn it into an invoice.
- Enter an order, print a packing slip, print invoice
- Enter an order, ship goods, print invoice.

And just about any other combination of processing during a sales order cycle.