Harmony is a very strong, fully integrated accounting package, yet it has the flexibility to work the way you do. You can have multiple companies and cost centers; set your own financial and sales period dates, and use the extensive multi currency and country functionality. Full transaction histories are stored, enabling complete audit trails as well as access to valuable trading information.
Harmony maintains detailed histories of what clients have bought, and when. Aged trialbalances are catered for, as well as allocation history and full transaction reporting. Once funds are collected, Harmony creates the banking slips for your deposits. By modelling receipt history, cash flow projections can be produced and appropriate credit limits enforced.
The Accounts Payable module produces purchase orders and tracks the receipt of stock. Information on what you have bought in the past can be used to plan future purchases and negotiate pricing with suppliers.
Harmony handles all your importing requirements, with a comprehensive costing function that calculates freight, duty and charges as well as managing foreign currency transactions.
There are multiple Creditor transaction entry options including standing invoices and prompt payment.
Harmony makes the scheduling of creditor payments easy allowing for either cheque or EFT payment, with remittances either e-mailed or faxed.
Harmony’s GL module covers budgeting and planning, cash book, bank reconciliation and cash flow management. Structure your chart of accounts any way you like, or use the standard chart provided - for one business entity or many.
Bank reconciliation is made easy via direct transaction download from banking software.
Harmony holds 36 accounting periods open, and you can post transactions into previous periods if need be. Budgets can be based on existing templates, or created from scratch. Budgets automatically take into account your commitments from your purchase orders.
Assets can be identified by bar code or serial number, and can be linked to each other – for example, designating one asset as an accessory to another. Harmony can flag which assets are owned, and track asset transfers and disposals. Depreciation is also flexible; you can store multiple depreciation methods and apply up to two methods to each asset.
Maintenance agreements and insurance policies are also stored. In the event you need to make a claim, the information is at your fingertips.
Harmony’s payroll system is easy to use, yet it handles every type of payment – wages, commission, piecework etc. – even with multiple awards, allowances & deductions, and cost centers All statutory and government requirements are catered for, including taxes, leave entitlements, electronic group certificates and the like.
Comprehensive information on each staff member includes employment status, time worked, leave planned and taken, complete payment history and more. Accurate pays are calculated for each employee, based on their unique profile and days worked.
Payroll processing can be automated via interfacing to the Harmony Time sheet and Clock Card Modules.
Comprehensive information on each staff member includes employment status, time worked, leave planned and taken, complete payment history and more. Accurate pays are calculated for each employee, based on their unique profile and days worked.