Accounts Controlled, Logged &
Accounts Controlled, Logged &
Features and Functions
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Accounting With Confidence
From payroll, to sales, to taxes to miscellaneous expenses. As soon as a task is completed, a record is automatically produced.
Centroliz populates your accounting books with data in real time, as transactions happen, allowing you to view the accurate status of your business at the touch of a button. Since every aspect of your business is linked to Centroliz, powerful insights can be gathered at your command.
Centroliz enables you to answer these questions instantly:
How much is your business currently worth?
What’s your current debt responsibility?
How much profit have you made this period?
How many products have you sold?
What’s your current tax liability?
What is the distribution of your expenses?
Who is your most profitable customer?
Unlock the answers to these and thousands of others insights instantly with Centroliz.
Centroliz ensures that when the year-end arrives you’re ready to file your tax returns quickly, efficiently and confidently.
Track Sales & Purchases Effortlessly
Customer & Supplier Transactions
Bank Statement Reconciliation
Depending on your banking institution, an automatic statement upload and reconciliation may be possible. Ask our experts!
Secure Cash Register Control
Complete Journal Management
Journal Items Management
Journal Entries Management
Journal Voucher Management
Instant Legal Reports
Generating reports is one of the most important accounting tasks. Centroliz lets you effortlessly create the legal reports you need at the tap of a button. Create General Ledger, Trial Balance, Balance Sheet, Profit And Loss and many other Financial Reports by selecting the period and options you need calculated.
Intuitive Journal Reports
Creating reports from your journals is easy. Simply choose the journal report type you need and Centroliz will package it into a readable document available for printing or emailing as required. Taxes, Partners, Analytics & Budgets.
To gain the important insights you need about your business, Centroliz has a wide array of different reporting options, allowing you to generate reports on your budgets, taxes, partners and much more. Each report generated comes with many options to change the way in which the information is displayed. Custom reporting types can also be generated based on your requirements.
Complete Tax Management
Automatic Tax Calculations With Groups
Instant Tax Overview
Multi-Level Payment Follow Up
Following up payments is a vital part of conducting business. Centroliz allows you to define the time periods in which your follow ups should be made. After each period passes without receiving payment a new action is required. For example, after 10 days an email could be sent and after 15 days a phone call could be made. Your follow up procedure is unique to your company and programmed into Centroliz as per your requirements.
Automatic Payment Follow Up
Centroliz can automatically complete the follow up process as defined by your follow up levels. Emails can automatically be sent out by Centroliz when a customer has failed to pay.
Manual Payment Follow Up
If a customer has still failed to pay, an alert is made under ‘Do Manual Follow-Ups’ which displays the customers that need to be manually contacted. This list is based on your custom Follow Up Levels.
Periodic Payment, Transaction & Invoice Reconciliation
Centroliz has a built in mechanism to swiftly organise payments and invoices that aren’t tied to specific transactions. Centroliz already minimises the occurrence of these entries, however if they do appear due to employee error or other factors, Centroliz can reconcile in a number of ways.
Firstly, an automatic reconciliation can be made. If a customer has made a payment that matches an invoice, Centroliz can automatically reconcile the entries. If this fails, due to non-matching amounts for example, a manual reconciliation can be made. Centroliz lists all entries waiting to be reconciled in a simple list making it easy to match each item to its corresponding transaction.
Track Everything With Analytic Accounting
Centroliz has an advanced inbuilt feature that lets you track extremely specific parts of your business through a process called ‘Analytic Accounting’. This lets you tie Analytic Accounts to very specific things so you can track their expenses and revenue individually and create comparisons between different elements in your business. Analytic Accounts are used purely for your analysis and do not affect your journals or other account types.
Analytic Accounts can be attributed to anything that you can imagine, letting you see the costs and revenue for that specific element. For example, if you’re working on a project made up of various stages, you could tie a specific Analytic Account to each stage. This would let you track the exact costs or revenue from each stage rather than the project as a whole. You could also track the cost of a specific employee within one of these stages. With Analytic Accounting the possibilities for tracking and analysis are endless. Our experts can help you setup Analytic Accounts to reveal the most important insights about your business.
Comprehensive Budget Management
Centroliz allows you to create multiple Budgetary Positions that you need to work within. For example, you could create Expense Budget, Sales Budget and Salary Budget Positions. With the Budget Positions in place, a new Budget can be created. Each Budget is managed by adding various budget lines which are assigned a ‘Planned Amount’ of spend (negative for expenses and positive for revenue). Budgets are then calculated to show the ‘Practical Amount’ and ‘Theoretical Amount’ which deliver insights into your business’ capacity to align to the planned budgets.
Fully Bespoke Accounting Setup
Centroliz is configured to your specific requirements as a business. Your fiscal years and periods are programmed to ensure that Centroliz’s accounting module works for your company and its needs. Our experts configure your accounts exactly as you require.