Search results PRODUCT DETAILS   Product Name: WebLedger Version Number: 1.0 Issue Date: 24/1/2002 Technology Platform: Application Service Provider (ASP) Target Market: Small and Medium Business Distribution / Market Region: Australia Supplier Link: webledger.villagemall.com.au Product Contact: Charles Moore Contact Email: cmoore@villagemall.com.au Product Description: Welcome to WebLedger—the first secure accounting solution for small and medium enterprises that’s been built from the ground up for the Web. WebLedger online accounting solution revolutionises the way you do business, through: Anytime/anywhere access. Unlike traditional accounting software, you can securely review and interact with the WebLedger accounting system from any Internet-connected computer—at the office, at home, or on the road—at any time, day or night. Self-service connectivity. Give employees, clients, customers, vendors, bankers, auditors, and other designated personnel the level of control you specify, enabling them to enter transactions, review reports, and track business processes on their own from wherever they are located. Collaborative accounting. Work online with a virtually unlimited cast of business participants in any number of different offices or cities. All parties can view and interact with the most current accounting data and reports—simultaneously. A virtual IT department. VillageMall operates and maintains the entire accounting software infrastructure, allowing you to spend less time on system integration and more on your core business. Plus, you pay only a simple monthly fee. There's no hardware to buy, no IT networks to build, no accounting software to install or upgrade. Ever. Functionality Description: General Ledger -Add accounts on the fly -Alphanumeric account numbers -Real-time posting to General Ledger -Customisable chart of accounts -Hierarchical structure that roll up -Supports both accrual & cash-based accounting -Unlimited number of accounts -Close periods to support BAS Accounts Receivable -Customized aging and payment terms -Process Customer Order -Tracks customer receipts -Unlimited number of customers Accounts Payable -Track vendor purchases and payments -Unlimited number of vendors -Bill Pay Invoicing -Automatically fills in invoice from customer information -E-mail invoices -Print invoices from the Web -Unlimited number of invoices -Online Statement/Invoice Delivery -Invoice/statement delivery via email - APCA, Bank transfer file Pay suppliers and employees Timesheets -Customer invoices can automatically be created from timesheet records -Employees can enter time from anywhere, anytime -Employee Authentication replaces manual time sheets -Use inbuilt timer to track actual times -Tracks attendance times for casual employee payroll payments -Tracks leave taken -Processes travel expenses, approval and payments Employee Access -Employees can enter timesheet records -Employees can quickly and easily enter expense reports, from anywhere with an Internet connection -Expense reports are automatically routed to supervisors and accounting for approval Payroll -Multiple payment methods -Generates bank transfer records -Calculates earnings and deductions -Calculates and tracks sick and vacation time -Current ATO tax tables are included at no extra charge -Flexible pay periods -Handle salary, and hourly employees -Handle Superannuation payments -Generates bills for each Superannuation fund -Payroll processing -Print payslips Expense Reporting -Approve expense reports and convert them into a bill -Employees can enter expense reports anytime, anywhere. -Expenses can be assigned to customers and automatically billed back -Expense report register gives quick access to open expense reports -Unlimited number of expense categories Banking -Apply receipts -Reconcile bank statement -Supports unlimited number of transactions -Apply payments Asset Management -Assets are managed from purchase order entry -Ensures BAS G11 and asset register will match -Depreciation performed during end-of year processing Business Activity Statements -Supports latest ATO forms -BAS done in real-time -Single key press to complete monthly/quarterly statements -Auto closing of periods after BAS calculations Ease of Use -Easy-to-use online help system -Easy to use quick start -Import MYOB data -Maintain complete security with individual password rights -No software downloads required -No upgrades to purchase or install -Real-time professional accounting solution Internet -Advanced XML interface for integrating with third parties -Operates on industry standard Microsoft Internet Explorer® -Operating system-independent (operates on Windows, Mac, Linux, etc.) -Uses Microsoft SQL Server 2000 database , and Windows 2000 for high security and scalability Customisable -Add company logo to forms -Supports unlimited number of bank accounts -Use pop-up menu for large lists Tested Against ATO Test Scenarios Tax Category Sub-Category Goods & Services Tax Taxable Only     Input Taxed   GST Free   Mixed PAYG Withholding Small Withholders     Medium Withholders   Large Withholders PAYG Instalments Instalment Amount   PAYG Withholding Payment Summary Reporting V7.4     COMPANY DETAILS Software Developer: VillageMall Pty Ltd Web Address (URL Link): www.villagemall.com.au