Available in ONLINE (Client - Server Technology, WAN) & OFFLINE (LAN) modes.
Auto Bank Reconciliation Process. Just download your Bank Statement and based on cheques nos, reconciliation takes place thereby 80% of you work is automated.
Pre-demarcated party accounts on the basis of Individuals, Corporates, FFMC/ADs, Branches, Agents & Sub-Agents.
Image Savin Capabilies - Customer Doc Images like Passport, PAN cards, Driving License, FFMC License etc. can be scanned and permanently stored in the software. This can be retrieved on demand and can be downloaded for future reference. This eliminates to save the images in your system and later retrieval is also difficult in such manual cases.
Multiple IDs can be mapped to 1 customer. For e.g. a customer is presenting his passport as ID proof, next time he presents Driving License, same can be mapped with his original a/c thereby avoiding duplication of customers solely based on Doc ID.
Parties can be mapped with Agents / Sales Staff so that their names are automatically picked up while billing.
Currency List having Sale / Purchase Max & Min threshold rates.
Flexible RBI Quota & Service charge & Tax settings.
Setting Max No. of transactions OR INR limits to upgrade Client Risk Category from time to time. This will throw alerts during Retail Sale / Purchase billing.
Retail Sale/ Purchase transactions showing all relevant RBI alerts plus till date transaction count.
Proactive marketing - Passenger Return Date is asked in Sale Bill to help you call the client on this return to suggest getting his unused currencies / forex card encashed. A report is available based on return date apprising you of what currencies he had taken and at what rates, his mobile no. & address.
Separate Bill Series for Curreny & Card Sale, Encashment & Surrender thereby avoiding mix-up during RBI Audit & Banks Audit.
Outward Remittance Referrel Module - As a FFMc you may refer a customer to AD/Bank for remittance. This makes you entitled for a commission. We here have created as special module accounting for your commission receivable & TDS paid keeping the entire details of passenger for future reference.
Money Transfer (Inward Remittance like Western Union) module - You may have tied up with multiple Inward Remittance Principals like Western Union, Xpress Money, MoneyGram etc. All this can be accounted under a single window data entry along with a register keeping track of received / pending amounts from principals.
Intl Card Swipe Module - Here foreigners get their international credit / debit cards swiped in return for INR. This will account all payments & receivables from bank after yor charge profit.
Domestic Money Transfer Module - A latest addition, a new business opportunity, wherein you tie-up with online companies to transfer money within India. All the payments done, received, service charge paid & collected along with taxes applicable is accounted in a single data entry window.
Forex MIS profitability Report - A sepcial report gives an accurate real time profit earned on forex transactions - Bill wise & Summarised. You can further filter this report Agent Wise, Sub-Agent (Staff) wise, Customer wise, Currency wise, & currency Type wise (Notes, Cards, TCs).
Business Analysis Report:-
* Daily Snapshot showing Today's Business & Currency, cash/Bank & O/s Balances at a glance.
* Till Sheet (single / All locations) showing balances currencies, cards & cash component.
* Daily (TD / Monthly (MTD) / Yearly (YTD) Prodit & Turnover Reportwith variance %.
Prorietary Serice Tax / GST Report - Specially formatted Service Tax Report in liaison with CAs enables your staff / CAs to promptly file STX.
Agents Commission & TDS Reports in various formats.
All final Reports - Trial Balance, Party Trial Balance, Profit & Loss Report, Balance Sheet allows zoom-in to detailed Ledger.
Voucher Query available on multiple criteria like Name, Account Name Doc ID, Voucher No., TC/Forex Card No. etc.