Salient Features of MacQuills ERP Software

• Accounting System- The accounting system is the major component of each system in this category and should be the first thing you search for when seeking for a dependable solution. The term ‘accounting’ refers to the general ledger, fixed assets, accounts payable and receivable, and bank reconciliation.
• Inventory management – Inventory management is a specific toolkit built for stock control, and it contains all of the tools required to provide your firm with a greater shelf-life product line. This means you’ll be able to control the availability and movement of your products, avoiding concerns like overstocking and understocking.
• Budgeting and Forecasting – This is a standard bundled module in most accounting systems that calculates and interprets finance performance for the current year and aids in the estimation of the forthcoming budget. Companies can use it to prepare estimations and set realistic and enthusiastic sales targets.
• Fixed asset management – Fixed asset management, whether as a standalone tool or as an integrated module, aids in the accurate handling of financial data. The module includes capabilities like audit history, cost records, depreciation computation, resource allocation, and much more.
• Human Resources and Payroll. management – You will be able to calculate and process employee payments, prepare and print their checks without delay, and answer any active legal and tax commitments without errors with a variety of HR and Payroll tools.
• Project accounting project accounting is typically packaged in standalone systems that represent the accounting version of vertical industry software. They are especially welcomed by construction operators and software developers because costs and applicable rules vary from project to project. This software’s major competency is to estimate and manage overheads and costs associated with labor, materials, and equipment, in addition to all other capabilities commonly encountered in MacQuills VAT ERP software systems. 
• Fund accounting – These capabilities are available in accounting software built for government agencies and nonprofit organizations and include gift monitoring, grant management, and a special suite of financial reporting.