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Cash advances and liquidations: now no longer a huge time suck



0701-1b-470


Cash advances are one of those basic realities of doing business; nobody can avoid it. For a lot of businesses and even non-profits, advances and liquidations can become so frequent and numerous that they pose a significant monitoring and administration challenge.

Organizations that face this challenge include companies with large employee plantillas, and whose operations routinely involve disbursing advances and the accompanying need to account for liquidations. (It's all over Philippine society: even heads of middle- and upper-class families frequently have to contend with cash advances by household staff.)

The amounts involved may be large or small; regardless, once you hit a certain volume of transactions, tracking and reconciling the expenses that these advances represent make for a tedious amount of work, and a recurring one.

SURE! ALMMS is a software solution designed to capture the fine details of an organization's advances and liquidations - AND to provide detailed data analysis for cost control.

SURE! ALMMS tracks advances you've extended to various individuals or institutions, as well as advances that your organization receives from other entities (governments, foundations, etc.). The more numerous the entities you deal with, in either or both directions, the more useful you will find SURE! ALMMS.

SURE! ALMMS will of course also track liquidations of said advances.

And, equally important, SURE! ALMMS will also enable you to subsequently allocate these liquidations to appropriate expense accounts, to company departments, and, if desired, to appropriate projects.

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Testimonial

"We ... are very satisfied using SURE! General Ledger. Since 1997 we've found out that your product is easy to use even business owners without accounting or computer backgrounds. It is user friendly especially to the newly hired accounting staff. One day training for her is enough to learn everything she needs to know. That's why when we put up another business in the year 2000 we decided to purchase another one since we need separate General Ledger as required by BIR. Another kind of business was established in year 2001 that needs another user and book of accounts that we need again to purchase Balmori SURE! General Ledger. From 1997 up to year 2004, we had three license SURE! General Ledger.

We encountered many offers from other company to change our accounting software but we disregard their offer because we believe that Balmori Software Inc. met our needs and requirements. It doesn't require more manpower to do all the job in accounting.

Thank you very much for doing business with us."


NENE JOY C. REYES
Accounting Manager
KAPCO MANUFACTURING, INC.






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