MuMMy's Finance and Accounts

Financial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet. Companies issue financial statements on a routine schedule. The statements are considered external because they are given to people outside of the company, with the primary recipients being owners/stockholders, as well as certain lenders. If a corporation's stock is publicly traded, however, its financial statements (and other financial reportings) tend to be widely circulated, and information will likely reach secondary recipients such as competitors, customers, employees, labor organizations, and investment analysts. It's important to point out that the purpose of financial accounting is not to report the value of a company. Rather, its purpose is to provide enough information for others to assess the value of a company for themselves.
Finance Presentation Finance Flow Chart

Accounting Features

  • Account Master
  • Product Master
  • Invoicing
  • Cash/Bank Voucher
  • Multiple Entry
  • Ledger
  • Dues Receivable
  • Item Status
  • Login Change

Accounts Benefits

"The cloud is a platform to make data and software accessible online anytime, anywhere, from any device."

  • Flexibilty
  • Ease of access
  • Price
  • Paying monthly obviously makes it easier
  • Your team can easily access data
  • Backup and data security are a breeze!


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