BS/1 Accounting is an integrated multi-currency accounting system: General Ledger, Accounts Payable, Accounts Receivable, Inventory, and Sales Analysis. Upgradable to BS/1 Professional for Time Billing or BS/1 Enterprise for Sales Orders, Purchase Orders, and Manufacturing.
Multi-currency features facilitate purchasing and selling internationally (import and export). The default selling price is automatically converted to the customer's currency. Payables and receivables are tracked separately for each currency and the GL automatically converts revenues and expenses to domestic currency. Gain or loss due to exchange rate fluctuations is tracked.
User-defined financial statements can be created through a simple set-up process. GL account totals and inventory totals can be viewed on screen with drill-down to original source transactions.
Sample data is provided and there is an optional Getting Started wizard to assist with entering initial live data. The wizard sets up common GL accounts which can later be changed, deleted, or added to.
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