AOC Accounting System

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AOC’s technical team alongside many senior accountants has come together to design and create a brand new, cutting edge accounting system with the latest data technology to date. The program has strong data compiling, searching, and analyzing functions which utilizes the company’s complete financial operations data set provided by Accounts Receivable (A/R), Accounts Payable (A/P), and other related financial operating records by automatically formatting data into different major accounting accounts. According to the financial and accounting departments’ operations and management demands, AOC’s accounting system will generate various high-level reports allowing for clear traceability and ease of auditing. Reports include: Balance Sheets, Profit & Loss Statements (P&L), A/R Aging Reports, A/P Aging Reports, and so on.

Accounts Receivable

Our system can import automatically or manually inputted sales invoice records into the sales system to generate a management details and accounts receivable report. Our system can perform management queries of aging analysis based on invoice and payment dates. At the same time, our system can generate aging analysis reports and send emails for payment reminder letters and overall invoice statements to help automate the financial operation processes.

Accounts Payable

Our system can import automatically or manually inputted AP voucher into the procurement system to generate a management details and accounts payable report. To assist the accounting department, our system can, based on invoice payment dates, automatically generate payment checks. Post payment, our system will automatically perform check reconciliations with the bank statements. At the same time, we also provide a simple and intuitive method for e-payments verification and credit card processing.

General Ledger

According to the operating requirements of the enterprise, our system’s flexibility allows us to categorize data according to A/R and A/P functions separated into different accounting accounts for the purpose of automatically or manually creating ledgers. This will provide management with various financial reports necessary for any purpose at any time.