Custom Accounting Website Features
1. User Registration & Dashboard
- User registration with secure login (email, two-factor authentication).
- Role-based access (admin, accountant, user).
- Personalized dashboard with key financial metrics (balance sheet, cash flow, income).
- Notifications for pending transactions, invoices, and payments.
2. Financial Reporting
- Generate financial reports (income statements, balance sheets, cash flow statements).
- Customizable reporting periods (monthly, quarterly, annually).
- Export reports to Excel, CSV, or PDF.
- Real-time financial data updates.
3. Invoicing & Billing
- Create, edit, and send professional invoices.
- Recurring invoicing setup for regular customers.
- Customizable invoice templates (logo, branding, payment terms).
- Automated reminders for unpaid invoices.
- Track invoice status (pending, paid, overdue).
4. Expense Tracking
- Categorize expenses (office supplies, utilities, marketing, etc.).
- Upload and attach receipts for each expense.
- Recurring expenses management (rent, subscriptions).
- Generate expense reports and track spending trends.
5. Accounts Payable & Receivable
- Manage accounts payable (supplier payments, pending bills).
- Track accounts receivable (customer payments, outstanding invoices).
- Payment status updates and reminders.
- Automate billing cycles and payment processing.
6. Bank Reconciliation
- Import bank statements for automated reconciliation.
- Match transactions with expenses, invoices, and payments.
- Real-time sync with multiple bank accounts.
- Identify discrepancies and resolve them easily.
7. Tax Management
- Tax calculation based on regional tax laws (e.g., VAT, GST).
- Automatic tax deductions for each transaction.
- Generate tax reports for easy filing.
- Track tax liabilities and deadlines with reminders.
8. Payroll Management
- Manage employee payroll (salaries, bonuses, deductions).
- Automatic tax withholding calculations.
- Generate payslips and tax forms (W-2, 1099, etc.).
- Track employee hours and overtime for payroll accuracy.
9. Inventory Management
- Track inventory levels and cost of goods sold (COGS).
- Link inventory transactions to financial records.
- Automatic stock updates when sales or purchases are made.
- Generate inventory reports for audit purposes.
10. Multi-Currency Support
- Manage transactions in multiple currencies.
- Real-time currency conversion and exchange rate updates.
- Currency-specific reports for global businesses.
- Track foreign exchange gains and losses.
11. Payment Gateway Integration
- Integration with payment gateways (PayPal, Stripe, etc.).
- Support for online payments (credit cards, bank transfers).
- Secure payment processing with encryption.
- Track payment history and status.
12. Budgeting & Forecasting
- Create annual or project-based budgets.
- Compare actual expenses vs. budgeted amounts.
- Set financial goals and monitor progress.
- Generate financial forecasts based on historical data.
13. Multi-User Collaboration
- Invite team members or clients with customizable permissions.
- Collaborate in real-time on financial tasks.
- Track user activity and maintain an audit trail.
- Assign tasks to team members with deadlines.