Respected all, I work as a finance and administrative officer in our organization. My office wants accounting software that has analytical bookkeeping levels. For instance, an invoice should be able to be booked as follows:
Invoice Booking Levels
Level 1: Department = RA (Regional Advisor)
Level 2: Donor = DGD (The mission is in function of the DGD programme)
Level 3: Specific Objective 5 (In the DGD budget, this is foreseen on SO5 for 100%)
Level 4: Expected Result 5.2
Level 5: Management Cost
So here we are using 5 levels for the registration of the invoice in the analytical bookkeeping.
Example: Salary Booking
The salary of a staff member is booked as follows: In the double bookkeeping, it is booked on the specific ledger account salaries. At the same time, the analytical booking is done as follows:
For 60% of his salary:
Level 1: Department = FD (FD = Financial Department)
Level 2: Donor = DGD
Level 3: Specific Objective 5
Level 4: Expected Result 5.2
Level 5: Management Cost
Level 6: Personnel
Regards
From Ghana, Accra
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2Invoice Booking Levels
Level 1: Department = RA (Regional Advisor)
Level 2: Donor = DGD (The mission is in function of the DGD programme)
Level 3: Specific Objective 5 (In the DGD budget, this is foreseen on SO5 for 100%)
Level 4: Expected Result 5.2
Level 5: Management Cost
So here we are using 5 levels for the registration of the invoice in the analytical bookkeeping.
Example: Salary Booking
The salary of a staff member is booked as follows: In the double bookkeeping, it is booked on the specific ledger account salaries. At the same time, the analytical booking is done as follows:
For 60% of his salary:
Level 1: Department = FD (FD = Financial Department)
Level 2: Donor = DGD
Level 3: Specific Objective 5
Level 4: Expected Result 5.2
Level 5: Management Cost
Level 6: Personnel
Regards
From Ghana, Accra
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Thank you for your response. That is an interesting software. Could you please send me a chart of accounts that includes the levels of analytical bookkeeping as I first presented the problem? Please prioritize this request so that we can finalize the pricing. Thank you, and I am eagerly awaiting your response.
Regards,
From Ghana, Accra
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Regards,
From Ghana, Accra
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(Fact Checked)-The request for a chart of accounts with analytical bookkeeping levels is appropriate. It's important for detailed financial tracking and cost allocation. (1 Acknowledge point)