Accounting Solutions from HiTech, inventory management software design document

Application Accounting

Financial Accounting Software, (FAS), Web based Accounting, Related to application accounting in software and web applications for business. HiTech 's FAS (Financial Accounting software) is a web based accounting software for global access to your financial accounts. FAS can be used globally from any computer using internet browser.

Accounting Solutions from HiTech, inventory management software design document
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Shared Web Application Access for web based accounting, inventory control, online store and shopping cart application

A web based application for accounting, inventory control and online store with shopping cart is available at online.freeaccounting.in and online.freeaccounting.in. Purchase shared access to these application to web enable your business. The pictorial diagram below depicts the process flow below during the life cycle of an order received from customer :

resident on acccounts-on-web.com online.freeaccounting.in	The web application is resident at online.freeaccounting.in and online.freeaccounting.in. While accounting, invoicing, inventory control and payroll functions are available at the former domain the later domain provide the interface for online store, shopping cart and e-Payment. All these functions are seamlessly integration to constitute the e-trading Platform. The web application on the platform takes care of most of the routine accounting, invoicing and inventory control functions of the organization. As it is resident on web you can use the multi-user feature of the application to connect various locations of your business in distant cities around the globe. As the data is stored on our webs server and nothing is downloaded on the computer you use to access the application, it is secure and reliable and all pervasive (you can use it from any computer connected to internet).
	You can setup your account at online.freeaccounting.in and while you make the product setup you can specify the rates, picture etc. along with the weight of the products. You can also set up the shipping and handling for the countries where you intend to sell your products. After setup you will get a link at online.freeaccounting.in for your shopping cart. You can also setup to display the link on the featured merchants list on www.e-trading.com and you can also promote this shopping cart link on your own.
	The buyer place his/her order at your shopping cart at online.freeaccounting.in
	e-trading receives the order, checks availability, adds shipping charges, asks for customer's address and confirmation and finally routes to the Verisign secured payment gateway server www.paypal.com on 132 bit Secure Socket Layer.
	The payment gateway routes to secure servers of the banks who are authorized to process credit card transactions like Visa and Master Card along with many other net banking accounts in India and abroad. Here your customer will enter the credit card details on a secure server of the processing bank ICICI or Citibank.
	The payment processing server returns its response. Consider the transaction is approved by the payment server.
	Intimation is sent to the merchant (you) and the buyer (your customer). Posting for the sales are also made in the merchant account at online.freeaccounting.in.
	You make delivery of the goods to the customer at the address specified by him.
	You must Certify Delivery of Goods and Capture payment and after you capture the order will a) The debit of Rs. for Shopping cart amount be reflected in your customer's credit card statement and b) The order amount less the transaction discount be credited to your account at online.freeaccounting.in. The payment is now considered complete unless the customer raises a charge back claim.
	Payment gateway send us the weekly payment cheque for all shopping cart sales at online.freeaccounting.in.
	We send you the payment due to you after deducting 7.5% from the shopping cart sales amount as this amount is deducted by the payment gateway as Transaction Discount @ TDR or 7.5%
	The e-trading platform at online.freeaccounting.in is linked to the mail server and application generates all necessary emails to keep records of all transactions for all relavants parties. All mailing functions are fully automated. You will also get number of POP3 emails as per your account and a web based interface for mail management for these POP3 mail boxes.
	Now join this e-trading Platform and web-enable or e-enable your business to keep in step with the coming up futuristic business scenario.

Setup e-trading (web based accounting, inventory control, online store and shopping cart) on your own Shared Web Hosting Account or on a Dedicated web server

The following model shows implementation of a web based application for accounting, inventory control and online store with shopping cart similar to the one available at online.freeaccounting.in and online.freeaccounting.in on your domain name and web hosting account. You can also host these application on dedicated servers to web enable your business. The pictorial diagram below depicts the process flow below during the life cycle of an order received from customer on your own web application :

Resident at www. your-domain.com	The web application similar to the one at online.freeaccounting.in and online.freeaccounting.in shall be installed on your own domain. Customization of this application shall also be available at suitable additional charges. You can also use your own credit card payment gateway for receiving sales from your shopping cart. While accounting, invoicing, inventory control and payroll functions are available at the former domain the later domain provide the interface for online store, shopping cart and e-Payment. All these functions are seamlessly integration to constitute the e-trading Platform. You have the option to use two domains or one domain. The web application on the platform takes care of most of the routine accounting, invoicing and inventory control functions of the organization. You can get rest of the necessary functions built as per your requirements. As it is resident on web you can use the multi-user feature of the application to connect various locations of your business in distant cities around the globe. As the data is stored on our webs server and nothing is downloaded on the computer you use to access the application, it is secure and reliable and all pervasive (you can use it from any computer connected to internet).
	The buyer place his/her order at your shopping cart at www.your-domain-name.com.
	The e-trading application receives the order, checks availability, adds shipping charges, asks for customer's address and confirmation and finally routes to the Verisign secured payment gateway server www.paypal.com on 132 bit Secure Socket Layer or the payment gateway chosen by you for (S) or (D) type of Accounts.
	The payment gateway routes to secure servers of the banks who are authorized to process credit card transactions like Visa and Master Card along with many other net banking accounts in India and abroad. Here your customer will enter the credit card details on a secure server of the processing bank ICICI or Citibank or as applicable for your own payment gateway.
	The payment processing server returns its response. Consider the transaction is approved by the payment server.
	Intimation is sent to the merchant (you) and the buyer (your customer). Posting for the sales are also made in the merchant account at the web application at www.your-domain-name.bz.
	You make delivery of the goods to the customer at the address specified by him.
	You must Certify Delivery of Goods and Capture payment and after you capture the order will a) The debit of Rs. for Shopping cart amount be reflected in your customer's credit card statement and b) The order amount less the transaction discount be credited to web application account at www.your-domain-name.com. The payment is now considered complete unless the customer raises a charge back claim. Payment gateway send us the weekly payment cheque for all shopping cart sales at online.freeaccounting.in. In the case you use your own payment gateway all payment shall be sent to you directly by the payment gateway.
	The e-trading platform at online.freeaccounting.in is linked to the mail server and application generates all necessary emails to keep records of all transactions for all relavants parties. All mailing functions are fully automated. You will also get number of POP3 emails (50 or more) as per your web hosting account and a web based interface for mail management for these POP3 mail boxes. On dedicated server of shared web server hosting you can also host multiple domain. For dedicated servers we shall fully customize the application as per your requirements.
	Now setup your own e-trading Platform and web-enable or e-enable your business to keep in step with the coming up futuristic business scenario to enhance your business management efficiency and profits.

Click Here Online Accounting Price List for shared application, shared hosting or dedicated application server hosting accounts.

Please contact us at for any query regarding these services.

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The following information about a business is very vital, namely, the total earnings during the period, the expenditure during the period on salaries, wages, lighting, insurance, rates and taxes etc, the profit or loss, the capital and causes of its increase or decrease, Nature and value of assets possessed by the business, Nature and amount of liabilities, Customers who owe to the business and the amount in each case, Suppliers to whom the business has to make payments and the amount in each case and Other facts for filing sales tax or income tax returns. The above describes in nutshell the purpose of bookkeeping and financial accounting.

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