Track revenues and expenditures on sales and purchases, know the profits and losses and monitor your projects’ periodic performance. Without needing an accountant, calculate different taxes that Daftra supports, and track customer payments through various payment methods including bank transfers, cheques, cash and e-payment, paid and unpaid invoices, and installment payment dates. Get professional insights by activating general accounts and preparing journal entries and account reports including general ledger and income statement reports.
Manage your financial transactions in a professional manner, easily log in your expenses and incomes through vouchers that include all the required data from assigning a cost center, applicable tax, category and description, attach required documents as needed, track your expenses and income accurately via detailed reports.
Daftra Accounting provides you with the option to add taxes such as VAT and sales tax, and the ability to determine the name and rate for each tax and country. Issue complete reports on all taxes in your invoices and sales with a simple click of a button. Daftra supports various tax formulas that are compatible with the commercial laws of different countries of the world.
Transactions in various modules in Daftra are integrated and automatically reflect a journal entry in the system. Let Daftra accounting do the work with automation or add manual journals according to your transactional and financial operations. View the journal’s log and track updates on the journal. Assign the journal’s accounts directly to cost centers, attach related documents and easily track the auto journals’ sources. In addition to seamlessly reversing journal entries with a click of a button in case of any transaction corrections needed.
You do not have to be a skilled accountant to manage your finances, Daftra provides you with a complete chart of accounts in a seamless and user-friendly tree-like interface, including all the values of your balances from your account transactions. Operations are recorded automatically within the journal entries and migrated to the balances of their accounts. Simply manage the chart of accounts automatically or fully customize the chart to fit your own workflow. Get financial reports such as the general ledger, income statement, balance sheet for all financial transactions within your account.
Define cost centers and distribute departments’ overhead costs over each allocated cost center by assigning accounts to cost centers for better tracking and cost monitoring. View all related transactions and have the option of automating the cost centers setting an allocated percentage or manually inputting it for more flexibility. Manage your expenses, incomes and entire cash flow and make informed decisions with cost centers reports.
Easily add your assets and set the depreciation cycle, the system calculates the assets’ depreciation automatically and views the transaction details and current assets’ value. Take control over the asset at the end of its life cycle and perform actions between re-evaluating, selling or totally writing off the asset. In addition, professionally manage duties by assigning the asset to an employee from your staff to be in charge of it.
Define the financial year in your company according to your business needs, in addition to specifying the closing period on a monthly, quarterly, semi-annual or annual basis; the system then prohibits modification of closing period once specified for more effective management of your accounts.
Daftra provides you complete control over all aspects of your general accounting software, run smoother management of your accounting cycle with Account Routing and customize the accounting work cycle according to your business requirements. Route accounts flexibly including routing purchase, sales, inventory, employee payroll, treasuries, requisitions, payable and receivable cheque accounts. Determine the financial periods and the closing period whether monthly, quarterly or annually, and manage your treasuries or input your bank account data to track financial movements on them.
View detailed financial transactions within your account and extract statements of your company's financial position. Track journal reports, trial balance, periodic expenses and incomes reports. Stay informed with yearly balance sheets. Run various accounting reports including general ledger, income statement, cash and accrual profit and loss reports.
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Daftra support is equipped to meet your every inquiry, round the clock, to satisfaction.
Daftra is hosted on secure servers, with 256-bit SSL encryption technology, so is your data in full, private, protected, with constant auto-backups for increased security.
Curated with personalization prioritized, create from scratch or find fully customizable templates, field entries, report filtering, customizable system colors and logo upload to maintain your brand.
Daftra user manuals are there to guide you, but you won’t feel lost without them. Easily navigate and use powerful features running in the back to provide you a seamless front.
Our intuitive user interface, backed by automation, is dedicated to serving serious business owners who have no time to waste.
Daftra is cloud-based, your business is never out of reach. Access and manage your business, anywhere, anytime, from any device, consistently updated and intact.
Daftra is constantly growing to expand supporting you. Ongoing updates are included for free, whatever plan you select, forever.
All-in-one and accessible for your business in whatever size and budget. Replace a number of tools, with their effort of learning and fees by investing in one budget-friendly solution.