Asset & Expense

Track and control school assets and expenses with accuracy and ease

Asset & Expense Management module helps managing the purchase lifecycle through the system and ensures that asset ownership is established and assets are well managed. It helps optimize expenses through mapping of business function and expense. This module significantly reduces the workload by providing system generated TDS certificates, automated Service Tax & modvat calculations. The purchasing department can be integrated with the accounts payable department through the auto-posting account books functionality, enabling timely release of payments to vendors.

Features

Analyze expenses and enforce internal spending controls
Enforce internal spending controls
Provide system generated TDS certificates, automated Service Tax & modvat calculations
The purchasing department can be integrated with the accounts payable department through the auto-posting account books functionality, enabling better compliance and a streamlined process

Benefits

Optimize expenses through mapping of business function and expense
Reduce workload of purchase department and school administration
Comprehensive asset management and greater asset ownership visibility
Optimized expense and timely release of payments to vendors
Time savings over recording and forwarding purchase orders and expense reports