The General Ledger (GL) module is the core of the this package. The purpose of this module is to capture data transfers from the sales and accounts receivables, purchase and accounts payables, and inventory modules and journal entries in order to provide a general ledger, trial balance and financial statements (composed of balance sheet, income statement, and statement of cash flows) for the firm. It is the source of the financial statements generated by Perfect system. The basic building blocks are:

PERFECT inventory system is a business-leading inventory control, distribution, asset management and manufacturing software solution for small to large-sized companies. This product offers a broad selection of feature-rich Functions that empower customers with the ability to manage and help their businesses grow more effectively.

Precise control and safeguarding of inventory is an essential task for a successful, well-organized company; businesses require timely and accurate information on inventory location, movement, history and valuation.

The Inventory Management software provides data pertaining to the receipt of goods, the movement of goods within or between locations, the sale, removal or other disposition of goods, and the precise valuation and status of goods remaining in inventory at any point in time down to the bin status and serial number lots and expiration dates remaining in stock.

The aim of the inventory module is to control all stock transactions and quantities. This includes the raw materials, sales, services, and manufactured materials. It is integrated with purchasing, sales, and general ledger. Actually it supports the followings:

This module captures all purchases, purchase returns, and suppliers of the firm. It is used for purchasing of inventory items, or services. Typically, it automatically interfaced with General Ledger, Banks, and Inventory. On the other hand, the payments module deals with all payment operations in the firm including cash and / or checks. In addition to that, vouchers in this module automatically update the accounts payable subsidiary ledger and suppliers files.

• Mainly has the following vouchers:
  
  1. Supplier memo (supplier Invoice).
  2. Purchase Invoice.
  3. Payment.
  4. Down payment.
  5. Purchase Request.
  6. Purchase Order.
  7. Purchase Receipt voucher.
  8. Returned purchase invoice.
  9. Returned purchase delivery.
  10. Debit note.

For instance it supports the following:

• Follow up the purchase request.
• Follow up the purchase order.
• Purchase Management.
• Suppliers´ categories.
• Supplier settlements.
• Provide the ability to match the purchase orders with purchase invoices and receipts.
• Trace outstanding purchase orders.
• Follow up the purchase invoice.
• Reports (different customized reports) such as:
  • Outstanding purchase request and orders.
  • Purchase order tracing.
  • Purchase management reports.
  • Inquires of purchase orders showing quantity ordered, received, invoiced, and cancelled.
  • Vendor history.
  • Supplier statement of account.
  • Non-moving suppliers' accounts payables.
  • Bank transfer to suppliers
  • Item history.

Payment voucher:

• Handles Payments in multi-currency, cash, and /or checks.
• Types of payment: Normal Down Payment.
• Payment may be done for purchase invoice, purchase order and supplier invoice.
• Automatically interfaced with bank, general ledger, and purchases modules.
• Allows Cost center entry.
• The payment voucher may include VAT.
• Payments can be created for prior and future periods (date) and in multi-currency.
• It allows on-line and batch entries with unlimited numbers of accounts (entries) in each voucher and on-line balancing edit.
• It provides multiple lines of description per payment entry and voucher. In addition to multiple lines of special pre-defined description (remarks) per voucher.

The purpose of this module is to capture all cash and credit sales invoice, credit notes, sales returns and receipt voucher. The vouchers of this module automatically update the accounts receivable subsidiary ledger and customers files. Thus, it is integrated with general ledger, banks, and inventory modules. Clearly, it manages the following:

The purpose of the bank module is to capture all banks activity including check (current and post-dated checks) and cash deposit, check collections, and bank statement. The bank module integrated with purchases and AP, sales and AR, general ledger. Essentially, it contains the followings: