How to keep track of finances

How to keep track of finances?

How to keep track of finances? In modern conditions, several options are available for keeping track. The first of them and the most accessible is manual, using a journal or Excel tables. With this format of keeping track, income and expenses are assigned categories, registration is carried out by dates, amount and comments are noted. Also, the results are summarized manually. This can be done daily, weekly or monthly.

Financial accounting

The manual format, although accessible, is not very effective: it is very difficult to conduct analytics, identify trends, and valuable time is wasted on routine processes. Therefore, it is not surprising that financial accounting is carried out mainly in an automated way. In this case, software is used. Often, functions for background operations are part of the general accounting platform.

Accounting of finances

We suggest keeping financial accounting records using the USU software. In this review, we will tell you about these functions in more detail. The main functions of the system will depend on the focus of your activities: personal financial management, business accounting, budget management, and so on. We are ready to offer you the most suitable functionality. However, we can highlight the main functionality.

Thanks to the accounting of income and expenses, it becomes possible to record all cash receipts and expenses of the company. At the same time, categorization of operations is introduced, a kind of grouping of transactions by categories, for example: fuel and lubricants, utilities, inventory items, wages, etc. Through the UCS, you can work with the cash register and with several accounts, in essence, you can keep track of finances on different bank cards, accounts, cash.

Financial accounting may be related to currency transactions, for example, the software can be set up to automatically convert and work with different currencies. The software can work with different options for working with budgets. The user has the ability to plan expenses by category and control the excess of limits.

Accounting of finances using the program

Accounting of finances with the help of the program provides analytics based on reports. Our developers have developed graphs and charts to visualize income, expenses, debt obligations and other important indicators to facilitate understanding of financial indicators.

Financial reports can reflect data for a day, week, month, year. Financial forecasting can be done by calculating future expenses and income based on current data. If you have branches, you can keep records for these branches as well. Then you can get a full analysis for all divisions.

Financial accounting in the CRM system

Accounting of finances in the CRM system can be accompanied by automation of reminders, for example: notifications about upcoming payments, invoices, taxes, etc. It is possible to provide automatic data import, synchronization with banks, import of transactions from files. It is also possible to introduce automatic distribution by categories - the system will determine the categories of operations itself.

Full accounting of finances

Full accounting of finances is accompanied by additional features. For example, you can maintain accounting processes for debts and loans. You can record debts and schedule their repayment. If necessary, you can implement joint financial management - provide multi-user access, this may be relevant for working with branches and divisions.

Download financial accounting

USU has reliable mechanisms for data protection: passwords, encryption, backup (implemented on request). You can use integration with other services and programs. You can download financial accounting in a trial version. You can also get an individual presentation, during which you can get answers to your questions.

Buy financial accounting

It is easy to buy financial accounting from the company USU. You can purchase a basic or complex version of the system. Three levels can be used for analysis: basic, medium and deep. This is suitable for ordinary and more diligent analysts. Your program can be equipped with a variety of features. We invite you to send a request, and we will contact you. Universal accounting system modern and automated financial management.