Products
A complete, AI-enhanced, double-entry accounting system.
Modern Accounting & Financial Management
Manage your entire financial operation with confidence. From core accounting to advanced reporting, multi-currency control, automated workflows, and real-time insights, our system brings enterprise accounting into a fast, web-based platform.
Overview
Accounting & Financial Management is a powerful, flexible, double-entry accounting system similar to QuickBooks—but designed with deeper customization, multi-language support, and powerful integrations for growing and enterprise-level businesses.
Whether you manage a clinic, hospital, retail business, construction project, manufacturing line, or holding group, our accounting suite gives you real-time financial visibility, automated workflows, and AI-powered decision support.
With multi-currency control, advanced permission management, dynamic reporting using SQL or AI, and seamless integration with all Universal Systems modules, this product becomes the financial backbone of your entire organization.
Core Features
General Ledger & Core Accounting
Double-entry accounting engine Customizable chart of accounts Multi-branch and multi-currency transactions Manual, automated, and recurring journal entries Consolidated accounting for holding groups AI Audit Assistant for anomaly detection
Accounts Receivable
Sales orders, invoices, receipts Customer statements and aging reports Subscription billing for recurring customers Credit limits and overdue workflows AI-powered collection reminders
Accounts Payable
Purchase orders, vendor bills, payments Vendor statements and reconciliation Payment scheduling and reminders Subscription expense management AI recommendations for payment optimization
Banking
Bank and cash accounts Automated bank reconciliation Statement import via CSV/Excel Auto-matching transactions Multi-currency bank accounts
Inventory & Costing
FIFO, LIFO, weighted costing Batch/lot and expiry tracking Multi-measurement units Real-time COGS calculation Automatic postings on delivery or invoice
Fixed Assets
Asset registry and categorization Depreciation schedules Disposal, revaluation, adjustments AI asset classification suggestions
Taxation & Compliance
Configurable VAT/GST/service tax rules Tax reporting and filings Withholding tax support Localized invoice templates
Financial Processes
1. Transaction Creation
Capture sales, purchases, payments, bank transactions, and adjustments with multi-branch and multi-currency support.
2. Automated Ledger Posting
Every transaction automatically creates balanced double-entry journal entries. AI Audit Assistant monitors for inconsistencies.
3. Inventory & Costing Sync
Integrated inventory ensures real-time costing and COGS calculation when goods are received, delivered, or sold.
4. Bank Reconciliation
Match imported bank statements with system transactions in seconds.
5. Financial Statements
Generate Profit & Loss, Balance Sheet, Cash Flow, and Trial Balance instantly.
6. Holding Group Consolidation
Combine financials from multiple companies into consolidated reports.
Reporting & Analytics
Turn raw financial data into actionable insights. With a dynamic SQL-based reporting engine and integrated AI assistants, you can create, modify, schedule, and export any report your business needs.
Dynamic reporting using SQL or AI assistance
Custom dashboards and widgets
Standard reports: P&L, Balance Sheet, Trial Balance
Cash flow management
Multi-company consolidation reports
Exports to PDF, Excel, and CSV
Multi-language report outputs
Integrations & Ecosystem
Native Integrations
Inventory Management HR & Payroll Order & Shipment Tracking Project, Budget & Expense Management Assembly & Manufacturing Management Digital Medical Case (EMR) Digital Diagnostic Orders Lab Case Management Radiology Suite: MedVault & MedVision
AI Features
Audit Assistant: flags errors, inconsistencies, unusual patterns Report Assistant: builds customized financial reports Document Assistant: extracts data from invoices and bills
External Integrations
Payment gateways Banking APIs Tax authorities
Industries Using This Product
Clinics
Hospitals
Laboratories
Radiology Centers
Pharmacies
Retail & Stores
Service Companies
Manufacturing
Logistics & Transportation
Holding Groups
Success Stories
Mehraban Hospital
“Universal Systems streamlined our financial operations and reduced manual work by over 40%. The accuracy and transparency have been a game-changer.”
Al-Farooq Retail Group
“Multi-branch accounting and dynamic reporting helped us understand our business better than ever before.”
Pricing
Pricing varies based on company size, modules, and integrations.
Standard
- Core accounting
- Multi-currency support
- Standard financial reports
Professional
- Inventory integration
- Fixed asset management
- Advanced reporting
Enterprise
- Holding group accounting
- AI assistants
- Custom integrations
Frequently Asked Questions
Does the system support multi-currency?
Yes, you can manage accounts and reports in multiple currencies with custom conversion rules.
Can multiple companies be connected under a holding group?
Absolutely. Manage separate companies and generate consolidated reports at any time.
Is this similar to QuickBooks?
Yes, it follows double-entry principles like QuickBooks, but with more flexibility, multi-language support, and deeper integrations.
Is the system cloud-based?
Yes, it is fully web-based and works on any device.
Can I create custom financial reports?
Yes, using SQL or the built-in AI Report Assistant.
See how Accounting & Financial Management can streamline your business.
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