MVI Solutions can build and integrate applications that allow you to track and account for anything financial. We custom develop or custom integrate software as quick and intuitive to use as a checkbook register, based on professional accounting principles to ensure balanced books and accurate reports. We build and integrate scaling, modular software systems that grow and expand with your needs. You can integrate any number of modules, or "applications," that work together as a team. Listed below are some accounting applications commonly found in custom accounting software.
General business tasks:
- Accounts Payable
An Accounts Payable application automates the recording of invoices or bills received from vendors for purchases of products and services. An AP system helps a business schedule payments of those bills including issuing checks.
- Budgeting, Planning & Forecasting
A Budgeting application helps an organization create, track and report on the financial (actual) progress of a business compared to expectations (budget). Some systems incorporate a budget application within another module. Also available are very feature rich budget and planning modules.
- General Ledger
A General Ledger application is the central point, which accumulates the results of all other accounting operations. A GL application provides traditional financial statements such as an Income Statement and Balance Sheet plus others. Departmental or Cost Center reporting is also typically found in this application.
- Report Writer
Report Writer applications provide the ability to create complex reports which are not always available with the standard application.
- Accounts Receivable
An Accounts Receivable application automates the tracking of outstanding customer or client invoices. An AR application typically includes various aging reports to aid in collecting unpaid invoices before they become too old.
- Cash Management
Cash Management helps with reconciliation of monthly bank statements, check and credit card transactions and assists in tracking bank account balances.
Payroll applications hold payroll information for each employee including: pay rate, vacation hours, tax and miscellaneous deductions, etc. Payroll applications process employee paychecks, periodic payroll tax reports, year-end employee W-2's, etc.
- Purchase Order
Creates and tracks purchases placed with vendors. It will help when placing repetitive orders and keep costs under control for product and service purchases.
- Sales Analysis
Sales Analysis provides sales related reporting and helps allow sales people and sales managers to accurately track sales opportunities and produce objective sales forecasts.
Creating invoices for goods and services:
- Order Entry (aka "Sales Order")
A Sales Order or Order Entry system creates invoices for products and/or services. Typically this type of application is used in inventory intensive businesses. An Order Entry application interacts directly with the Inventory Control and Accounts Receivable applications.
- Point of Sale (aka "Cash Register")
A Point-of-Sale (POS) system is typically used in a retail environment effectively replacing a cash register. A POS system provides much more information on sales than what's possible with cash registers. POS systems are typically linked to Inventory Control applications.
- Time and Billing
Time and Billing applications are often used in a professional environment such as legal, engineering or accounting firm where detailed time and expenses are tracked and billed to specific customers. Generally a Time and Billing application is used when there is little or no product inventory sold to clients. When inventory is a significant factor, a Job Cost application may replace Time and Billing applications.
If you have lots of equipment or buildings:
Fixed Asset Management
Business purchases of equipment, vehicles, buildings, etc. need special tracking. Depreciation calculation, tax treatment, and gains or losses on asset sales can be cumbersome for businesses with numerous business assets. A Fixed Asset application provides detailed tracking for each individual asset providing depreciation and gain / loss detail in order to properly account for each asset during ownership and at disposal. Generally a firm with a large number of assets uses a Fixed Asset System.
If you need to track inventory:
- Inventory Control
An Inventory Control application tracks a businesses inventory of goods or products for sale or used in manufacturing of products for sale. Inventory control may include features such as: serial number tracking, sales and volume by product, product purchase history, cost and lead time, product description, product location, etc.
- Bill of Materials
Bill of Materials software is typically used by manufacturing firms. BOM is a "recipe" of sorts that details the "ingredients" needed to manufacture a particular item.
- Material Resource Planning (MRP)
A Material Resource Planning system is used by manufacturing firms. MRP is a system for effectively managing material requirements in a manufacturing process. MRP is a set of techniques that uses bill of material data, inventory data, and the master production schedule to calculate requirements for materials. MRP systems also make recommendations for purchasing additional materials.
Accounting and CPA Firm-specific tasks:
An Auditing system is generally technically specific system used by an accounting or CPA firms to assist in auditing of their clients financial statement and accounting practices.
- Tax Preparation
Tax Preparation includes calculation and printing of business tax returns including IRS forms 1120, 1120S (corporate income tax), 1065 (partnership income tax) and others. Often used by CPA and accounting firms to prepare annual corporate tax returns for the Federal and State governments. (Payroll related taxes are generally covered in the Payroll application.)
- Client Write-Up
A Client Write-Up application is generally used by CPA and accounting firms to record the business activity of a client in order to prepare a financial statement for that client. This service is typically used by businesses who elect NOT to automate their accounting in-house opting instead to use the services of a CPA or accounting firm to provide this service.
- Foreign Currency Conversion
Multinational firms and those involved with Internet commerce may need a way to convert currency between two different countries. Foreign Currency conversion applications provide features such as: Up-to-date exchange rates per currency, currency symbols, thousand and decimal separators, negative value displays, etc. for each currency.
- Fund Accounting
A Fund Accounting application is normally used by non profit organizations, charities and many governmental units since their accounting demands are unique. Fund Accounting provides a "sort of job cost" feature for these types of firms since each project must be tracked back to the funding source for the project.
- Sales Force Automation
Sales Force Automation (SFA) software is a comprehensive sales and marketing approach to building long-term customer relationships and improving business performance. SFA includes a group of networked applications ranging from contact management to sophisticated sales process automation and tracking. SFA solutions make it easier to service clients quickly and completely.
- Work Order Management
Work Order management software simplifies work order assignment and tracking in order to ease management of business tasks.
- Customer Relationship Management
or Customer Relationship Management involves a single integrated application, that provides effective and consistent management of prospects and customers, regardless of where the interaction takes place. systems typically include information acquired from sales, marketing, customer service, and support which is captured and stored in a central database and is often integrated with accounting and manufacturing systems.
- Project Management
A Project Management system is typically found in the construction industry. Project Management is often used to track the progress of and manage the resources (i.e. people, equipment, subcontractors, etc.) used in complex projects.
- Job Cost
Job Cost applications help track revenue and expenses for individual jobs or projects and/or phases within a job. Jobs often also include budgeted revenue and expenses with reports detailing comparing budget to actual as well as the profitability of each job.
E-Commerce applications can cover a broad number of functions using the Internet as a platform. Some examples of E-Commerce include: Charge card processing over the internet, private business to business extranets, selling inventory stock over the internet, internet auction sales, etc.
Web Based Financial Software
If you've been looking for a way to manage your personal finances using web-based financial Software, you've found it! Designed to be easy to use, yet powerful and flexible, MVI Solutions allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.
This web site is devoted to promoting the Web based financial software development. We are committed to developing top-notch accounting and financial tools for business professionals. This includes the development of programming API's, libraries and components that can be used to create both server and personal applications for home and business use. By focusing on ease-of-use, modular design, architect interfaces and well-documented code, we hope that our associated financial libraries become the choice of a generation of programmers and users.
Some of the areas that we have developed web based modules:
- Financial planning software
- Financial accounting software
- Financial management software
- Church financial software
- Financial analysis software
- Financial services software
- Financial statement software
- Financial budgeting software
- Financial planner software
- Calendar financial software
- Financial software system
- Financial reporting software
- Manufacturing financial software
- Financial consolidation software
- Financial institution software
- Small business financial software
- Business financial software
- Financial industry software
- Financial advisor software
- Contract financial tracking software
- Financial software company
- Financial forecasting software
- Financial software package
- Financial legal software