Accounting

True Real Time Integration for all accounting Activities

What every retailer wants is an easy to use, integrated accounting solution - designed to improve their cash flow and bottom line accuracy. Run…It Real Time's accounting modules delivers the powerful tools your business wants to control and manage your accounts payable, accounts receivables and general ledger. With real time updating of your inventory, payables and receivable information your accounting now becomes simpler and much more accurate.

Accounts Payable

Save time, reduce mistakes and improve your cashflow.

With real time, your accounts payables are always insynch with merchandise receivables - saving you valuable time by eliminating re-entering of data and reducing mistakes. Seemless payable integration means your receiving staff can create an invoice without knowing anything about accounting. Whether you drop shipping or central receiving you are accuratly recording the merchandise received, payable terms, freight, invoice numbers, additional discounts, etc.

Run…It Real Time payable module automates much of the decision-making process of paying invoices. With the tracking of invoice dates and additional vendor terms you can take full advantage of vendor offers, thus allowing you to make the most of your cash resources. Run…It Real Time robust payable reporting lets you summarize or detail the aging of the invoices, applied discounts, expense categories as well as invoice and check listings by vendor, category and date range.

Run…It Real Time payables module delivers the features and benefits that make a difference. Process checks for due invoices in bulk or select a single invoice for payment. Suppress and mark specific invoices for non-payment. Save time by setting up expenses as reoccurring without re-entering additional invoices each month. Review and print your payment calendar which includes open purchase orders. Use the check register to help reconcile your bank account balance with projected cash requirements.

Accounts Receivable

Increase customer service and Improve cash flow

Get an instant, real-time snapshot of your customers on account information at any time. RunIt Real Time' Bill...It module tracks on-account sales transactions, account balances and payments, providing the basis for superior customer service and well organized cash flow management. Designed to work the way your business does, apply on- account payments by "Open Item" or "Balance forward". Establish special on-account relationships such as parent/child or company/employee allowing for multiple customer sales transactions to be consolidiated into a single customer balance. Generate your statements in bulk or by individual customer with their due dates, interest charges, late fees and mininmum payments detailed on each statement. Perhaps the most important feature of RunIt Real Time's integrated accounts receivable is that your stores' have instant access to customer information - their buying and payment history as well as their current account balance. Moreover, cashiers and sales associates can seamlessly accept on-account payments at the point of sale. Keeping your business flowing while providing a high-level of customer service, Run…It Real Time's Bill...It module is the complete answer to your on-account needs.

General Ledger

RunIt Real Time' general ledger module is the central tool where all your accounting transactions are received, summarized, adjusted and balanced, yielding comprehensive financial statements. Seamless integration with point of sale, transfers, receiving, accounts payable, accounts receivable means that your financial date is always available and up to date.
RunIt Real Time offers the general ledger functions needed for managing your retail business. It ties your store and warehouse operations with your general ledger, therefore is able to seamless track each transaction and eliminates multiple accounting entries in the books and reducing the chance of errors. Manual transactions are quick and easy to perform and require off setting entries that keep your accounting in balance.

Customize the general ledger by adding as many ledger accounts and corresponding rules as your business requires or simply use the defaults accounts perfected by the retailers before you. The report designer allows for the refining of your balance sheet, income statement and cash flow statements. Use the Journal report to provide instant transactional detail or view each transaction within the ledger window. With RunIt Real Time's general ledger you what's going on, at the end of day, period and year; meaning your are in control of your business.