Dashboard
Get an overview of your trading activity and Profit & loss including the position of Debtors, Creditors, Active Customers and Active Suppliers. A quick glance of cash at bank, date when you submitted the VAT and VAT due/refund amount.
Profit & Loss
Displays a summary of the sales and purchases for a specific period of time.
Bank Account Details
Displays the bank balances of all your bank accounts and cash transactions.
Debtors and Creditors
Closing position of Debtors and Creditors at the end of the past few months will be displayed.
Active Customers & Suppliers
Displays the total number of active Customers and Suppliers.
VAT Submission Details
Details of the VAT returns submitted through the software showing the date of submission to HMRC and along with the amount of VAT Due/Refund.
Customers
Manage customer details and transactions.
Create/Import Customers
Allows to create, import and manage customer records.
Product/Service
Allows to create, import and manage products and services along with their selling prices.
Estimate
Generate professional-looking estimates for the products or services, which can then be sent to the customers.
Sales Invoice
Generate sales invoices and post transactions to the customer’s account.
Batch Invoice
Allows users to enter a batch of invoices for more than one customer at the same time and post those entries to accounts in one go.
Receipts
Allows to record and view customer receipts allocated to the invoices that are paid.
Credit Note
Provides facilities to generate Credit Notes, posting to customer accounts and allocate them against invoices as appropriate.
Batch Credit Note
Allow users to enter a batch of credit notes for more than one customer at the same time and post those entries to customer accounts in one go.
Suppliers
Manage supplier details and transactions.
Create/Import Suppliers
Allow users to create, import and manage supplier records.
Purchase Invoice
Post a purchase invoice into a supplier account.
Batch Invoice
Allows users to enter a batch of invoices for more than one supplier at the same time and post those entries to accounts in one go.
Payments
Allows to record and view supplier payments which are allocated to the invoices that are being paid.
Credit Note
Provides facilities to generate Credit Notes, post to supplier accounts and allocate them against invoices as appropriate.
Batch Credit Note
Allow users to enter a batch of credit notes for more than one supplier at the same time and post those entries to supplier accounts in one go.
Nominal Ledger
Allows entering journal entries into nominal ledger accounts, updating all financial reports accordingly.
Nominal Ledger List
A list of all nominal accounts with their debit, credit, and current balances, where you can view ledger details and transactions associated with each account.
Journal
Easily record transactions using Customers, Suppliers, or Banking features, import multiple journal entries via Excel, and post transactions not captured by other features through journal entries.
Banking
Create and maintain Bank accounts used by the business. Post bank transactions (except Customer Receipts and Supplier Payments). All other Batch Receipts, Batch Payments and inter Bank transfers can be recorded here.
Bank Details
Create and manage bank account details.
Batch Receipts
A batch of payments received in the bank can be imported and recorded in the software (excluding Customer Receipts).
Batch Payments
A batch of payments received in the bank can be imported and recorded in the software (excluding Supplier Receipts).
Bank Reconciliation
Bank reconciliation can be performed, with transaction-wise details entered using the inbuilt Batch Receipts and Payments option.
Bank Transfer
Transactions between bank accounts can be recorded within the software.
VAT
Andica Accounting Software provides a feature for submitting VAT returns to HMRC through Making Tax Digital.
VAT Digital Authorisation
The software enables an agent to digitally obtain HMRC authorisation for handling clients' VAT submissions.
VAT Retrieval
The software retrieves current and upcoming VAT return obligations since signing up for MTD, with HMRC creating a new obligation once the previous one has passed, regardless of fulfillment.
VAT Submission
The software allows to digitally submit VAT Returns directly to HMRC, streamlining the process and ensuring compliance.
VAT Return Overview
Retrieve and view details of VAT returns submitted to HMRC.
VAT Liabilities
This feature displays both the original and outstanding VAT liabilities, offering a clear overview of VAT obligations.
VAT Amounts
All the VAT amounts for an entire year can be viewed along with the date and amount.
VAT Penalties
VAT Penalties retrieves all penalties imposed by HMRC for late VAT return submissions and late VAT payments, including total penalties levied, a summary of late submission penalty status, and detailed information on late submission penalties.
Quarterly Submissions
Businesses with MTD SA submissions for quarterly updates to HMRC can submit quarterly updates for self-employment and/or property business to HMRC through the system.
MTD SA Authorisation
Grant the Andica Accounting Software authority to interact with HMRC on your behalf to retrieve and submit quarterly updates of your self employment and property businesses.
Account Code Mapping
Effortlessly map income and expenses within the software, with the flexibility to exclude or modify account codes for precise self-employment updates.
Self-Employment
Easily retrieve self-employment obligations along with their respective dates, periods, and grace periods, and check if these obligations have been met.
UK Property
Submit income and expense quarterly updates for property businesses.
Reports
With Andica Accounting Software, experience a range of financial reports designed to enhance your financial management.
Company and Financial
Instantly view a company’s profitability, assets, and liabilities with detailed reports. The software enables filtering of reports by fiscal week, quarter, or year, and allows generating reports based on individual nominal accounts. The report include:
- Chart of Accounts
- Trial Balance
- Profit and Loss
- Balance Sheet
- Transaction Detail by Account
- Cash/Bank Transactions
- Bank Reconciliation Report
Customers and Debtors
Efficiently track unpaid sales invoices to accelerate payment collection. At the click of a button, view customer balances, outstanding debts, and the amounts owed to the company. The report include:
- Open Invoice by Due Date
- Customer Transaction History
- Ageing Report
- Debtor Balance Account
- Statement of Account
Sales
Gain valuable insights by viewing summaries and detailed reports of sales made to your customers. The report include:
- Sales by Customer Summary
- Sales by Customer Detail
Suppliers and Creditors
Easily track your supplier obligations and access detailed information, transaction histories, and statements through our comprehensive reports. The report include:
- Supplier Transaction History
- Ageing Report
- Creditor Balance Account
Purchases
Get a comprehensive view of your business's major spending with summary and detailed reports of purchases from suppliers, including supplier details and transaction histories. The reports include:
- Sales by Customer Summary
- Sales by Customer Detail
VAT
Get a summary and detailed report of VAT for a specified period, filterable by VAT Codes, along with submission details from the HMRC server. The report include:
- VAT Details
- VAT Summary by VAT Code
- VAT Summary
- VAT Detailed Report
- FBI Receipt
Quarterly Submissions
Get detailed reports designed for sole traders, enabling effective management of financial reporting obligations to HMRC through essential, tailored reports. The report include:
- Self Employment
- UK Property
Admin
With Andica Accounting Software, users are empowered to manage various business elements, from configuring details to handling user accounts and submitting to HMRC.
Business Details
Easily create business details, VAT registration details and financial year settings.
Chart of Accounts
With a comprehensive default chart of accounts available, users can easily begin transaction processing and have the flexibility to create, or modify accounts to align with their business needs.
VAT Codes
Software has predefined VAT codes and rates. Use VAT codes to specify the rate at which VAT is calculated. Select from default VAT Codes or create a VAT Code as per your business requirement.
User Registration
Based on the customer’s licence, an Admin user can create users with customised user Type and control level of accessibility for each user. Edit the access as and when required.
Tax Adviser
Where the customer is an Accountant, Bookkeeper, etc. maintaining accounts for their clients, you can record agent details or the firm's details. These details will appear in the relevant fields within the returns and data submissions as required by HMRC.
Opening Balance
Migrating from other accounting systems to Andica Accounting Software is easy. Enter opening balances under this section and start your bookkeeping with Andica Accounting Software.
Preference
Enhance customer communication by enabling auto reminders for pending payments on sales invoices and estimates, ensuring timely follow-ups that improve cash flow. The module also offers at least five templates for various documents, maintaining professionalism and consistency in invoicing.
Email Configuration
Configure your email server settings for seamless communication and reminders through the software. Customize the email body for messages sent to customers, suppliers, and users, ensuring tailored communication that meets your specific needs.