loopsAccounting

loopscloud accounting system is designed to provide a full business solution for small and medium enterprises 

Help and Support 

  • Online Support
  • Knowledge base 
  • Video Tutorial

User Access

  • Multi Users 
  • Set User Rights 
  • Verification 
  • Authorize 
  • Manage Vouchers  

Employee

  • Users Data
  • Staff Data
  • Upload Staff Documents 
  • Leave Tracker
  • Payroll

Customers 

  • Add Limited Customers 
  • Add Unlimited Customers 
  • Add Foreign Customers
  • Record Customer Data
  • Upload Customer Documents
  • Create Pro forma Invoices
  • Create Invoices
  • Create Foreign Currency Invoices
  • Customize Invoice Contents
  • Customize Invoice Format
  • Single Entry Invoice and Receipt
  • Make Receipt
  • Receive Foreign Currency
  • Receive Post Dated Check
  • Receipt for Multiple Invoices
  • Invoice Mapping

Suppliers 

  • Add Limited Suppliers
  • Add Unlimited Suppliers
  • Add Foreign Suppliers
  • Record Suppliers Data
  • Upload Suppliers Documents
  • Post Bills of Expenses
  • Post Bills of Assets
  • Post Cost of Sale Bills
  • Post Bills of Inventory Purchase
  • Post Foreign Currency Bills
  • Single Entry Bill Posting and Payments
  • Petty Cash Management
  • Generate Petty Cash Statement
  • Payment for Multiple Bills
  • Make Payment
  • Pay Foreign Currency
  • Pay Post Dated Check
  • Bill Mapping

Accounting Reports

  • General Ledger
  • General Journal
  • Trial Balance
  • Profit and Loss A/c
  • Tree View Reports
  • Balance Sheet
  • Comparison Report
  • Trial Balance Movement
  • Statement of Account
  • Account History
  • Account Summary
  • Cash Flow Statement
  • Generate Tax Return Statement 

Chart of Accounts

  • Preset COA
  • Create COA
  • Edit COA
  • COA List
  • COA Tree View 

Adjustments

  • Create Debit Note
  • Create Credit Note
  • Post Journal Entry
  • Post Recurring Journal Entry

Banks

  • Create Bank Account
  • Create Multiple Bank Accounts
  • Setup Check Print Template
  • Payment Check Print
  • Manage Post Dated Check
  • Account Reconciliation
  • Check Management Report
  • Reconciliation Statement
  • Post Dated Check Report

Services and Products 

  • Create Services and Products List
  • Categorize Services and Products 
  • Create Preset Terms and Conditions List
  • Categorize Preset Terms and Conditions List
  • Preset Unit of Measurements for the Services and Products
  • Create Quotations
  • Modify Quotations
  • Approved Quotations
  • Track Invoicing and collection of approved quotations  

Inventory

  • Setup warehouse
  • Create Products List
  • Create Purchase Orders
  • Prepare Goods Received Note
  • Prepare Delivery Note

Inventory Reports 

  • Reports of products in stock
  • Inventory Aging Reports
  • Inventory Turnover Reports
  • Alerts and Reports for Low Stock

Preferences

  • Set Financial Year
  • Create Preset Tax Rate
  • Create Preset Payment Terms
  • Create Cost Centers
  • Update Month Closing Check List
  • Update Year Closing Check List
  • Upload Transaction Documents