Accounting System
The Accounting System developed by BIB Co., Ltd is designed to systematically track income, expenses, and financial data for accurate and seamless management. It allows you to generate precise financial reports in a short time, significantly reducing work time and human resources.
Advantages of Accounting System
Accurately and quickly calculate company financial statements using multi-currency support (MMK, USD, JPY, etc.).
Review transaction records for cash receipts and payments, as well as annual profit and loss statements and balance sheets.
View and download monthly and annual profit and loss statements, balance sheets, general ledgers, and bank records.
The Functions of Accounting System
Management information
Systematically organize and manage core business settings, including charts of accounts, multiple currencies, live exchange rates, and fixed asset registers.
Account books
Track opening balances, closing balances, bank records, and general journals in real time based on your selected date range.
Calculation of tax
Streamline your monthly tax management with automated tax calculations that seamlessly integrate into your profit and loss statements.
Downloading reports
Download and review monthly and annual financial reports, including cash books, bank ledgers, daily logs, general ledgers, profit and loss statements, and balance sheets.
Ability to manage assets
Automatically calculate fixed asset depreciation based on the asset’s useful life.
Financial Reporting & Automated Exchange
Monitor monthly cash flow, profit and loss, and balance sheets instantly while automatically calculating multi-currency foreign exchange (FX) gains and losses.
