Collection tracking can be done. Agreement with a bank and if there is an excel file coming from a bank, bulk collection input can be done. Payment done can be tracked. You can create current accounts for Company-Person or groups. You can make debit or credit towards on current accounts.
Income and expenditure monitoring can be done. For constant expenditures with certain amount you can make expenditure planning. You can view the account summary and print it. Current movement can be tracked. Buy and sell receipts can be tracked. The purchase of main product, child product and as product defined services can be tracked in detail like quantity, amount. You can view or print different kind of reports of collection for accounting, payment, future collection, payment which will be made, expired collection, expired payment, current movements, product-service lists, cash reports, student accounting reports and special reports as filtered using any fields wanted.