Online accounting functions for business

Within our Cloud Accounting Software Solution we combine all the features and tools you need to be an effective and successful finance professional. Affordable access to Aqilla via the internet and regular system updates means little or no interruption to business, allowing organisations to focus on core business competencies.

Aqilla is a cloud based accounting solution that provides:

- Beyond Bookkeeping

- Advanced Ledgers

- Multi Currency

- Bank Reconciliation

- Budgeting

 

Beyond Accounting

Today’s finance department is very different from its predecessors. It now exists to support the business by providing information to aid effective investment decisions and corporate governance, as well as to monitor, analyse and influence best practice management.

As a result, there are a number of unique challenges facing the modern finance professional: not least is ensuring the efficient and cost effective acquisition, analysis and presentation of core data is done on-demand.

Aqilla is a cloud based accounting software that provides:

  • Extensive analysis
  • Proper periodic management and business calendars
  • Multiple currency, multi lingual and multi company operation
  • Full VAT handling
  • International coding, tax and language flexibility
  • Automatic reconciliation / bank integration
  • Workflow
  • Built in key performance measurement (Smart KPIs)
  • Advanced search, selection and drill-down (Smart Search)
  • Scanned documents and images

Advanced Ledgers

There are a number of unique challenges facing the modern finance professional: not least is ensuring the efficient and cost effective acquisition, analysis and presentation of core data is done on-demand.

 

To ensure you meet these challenges, Aqilla has a suite of Advanced Ledgers available:

Class Leading, Multi Currency General Ledger

Using a proven and trusted integrated or combined ledger model, Aqilla operates in real time across multiple periods and multiple user definable calendars to support fiscal and management reporting timelines.

An inherently flexible coding structure combined with account categorisation allows for the grouping of financial information for statutory (GAAP, FASB, IASB, IFRS, FRSSE and Sarbanes-Oxley) or management reporting purposes. Information can be linked and grouped for almost unrivalled hierarchical analysis. Users can opt to start quickly with a ready made template based chart of accounts or construct their own to reflect the needs of their business or organisation.

By combining the integrated ledger model with multiple calendars that securely control posting across open periods, complex month end procedures and data clear-down processes are consigned to history.

Financial and non financial analysis (including text and statistical value data) can be linked to reference information, document headers and / or at line level for budgeting and reporting purposes supporting full spend management, revenue control and unlimited customised break-out reporting.

Invoice to Cash and Debtor Management

A consistent approach to document tracking from invoice through to payment, credit checking, clear and flexible aged debtor reporting, support for direct debiting and auto matching of invoices to cash received should result in a reduction in debtor days and less bad debts for any organisation. With Aqilla, it is possible to drill from cash payment all the way through to the original invoice document with one click of the mouse.

Purchase to Pay

Full budget and commitment checking, managed workflow, discrete authority management enhance overall control of the complete accounts payable process (including accruals). As is the case with debtors, many supplier or vendor records can link to a single creditor account when dealing with multiple locations or branches. Aqilla allows you to analyse what is due in seconds, present a summary by account and offer drill facilities to add or remove specific payments based on need before confirming payment, generating remittances and / or BACS output.

 

Supporting Multi-Currency

Multi-lingual and multi-currency options are vital to ensure that cross-country accounting requirements are met, while easy access to accounting data from different locations allows employees, business partners and customers to quickly add or retrieve information, providing a solid foundation on which a mid-sized organisation can grow.

 

Using a proven and trusted integrated or combined ledger model, Aqilla operates in real time across multiple periods and multiple user definable calendars to support fiscal and management reporting timelines.

An inherently flexible coding structure combined with account categorisation allows for the grouping of financial information for statutory (GAAP, FASB, IASB, IFRS and Sarbanes-Oxley) or management reporting purposes. Information can be linked and grouped for almost unrivalled hierarchical analysis. Users can opt to start quickly with a ready made template based chart of accounts or construct their own to reflect the needs of their business or organisation.

By combing the integrated ledger model with multiple calendars which securely control posting across open periods, complex month end procedures and data clear-down processes are consigned to history.

Financial and non financial analysis (including text and statistical value data) can be linked to reference information, document headers and / or at line level for budgeting and reporting purposes supporting full spend management, revenue control and unlimited customised break-out reporting.

Bank Reconciliation

With Aqilla it is easy to reconcile bank statement against invoices, receipts, payments and charges recorded within the accounting system.

Simply upload an OFX file (the common format used by most major banks) of your statement and Aqilla will automatically identify proposed matches in a clear and concise manner.

Budgeting

Aqilla's multi dimensional analysis capabilities provide the facility for maintaining Budgeting and Forecasting information in the core standard product. Budgets can be entered directly into the system via automatically generated forms created or uploaded via Microsoft Excel. The built in Financial Report Designer provides users with the ability to provide comparative analysis of actuals versus budget, forecast etc. either in the same period or offset to prior or even future periods on demand