Organization Structure of Sapphire Single user and Colibri Client Server, ERP Accounting Software is based on traditional double-entry accounting. The heart of a double-entry accounting system is General Ledger, which is composed of a series of accounts called the Chart of Accounts.
Accounting Software Structure:
Inventory is the heart of the Sapphire and Colibri system.
Sapphire and Colibri provide a comprehensive suite of inventory management functions. Almost all transactions from both Sales and Purchases within Sapphire and Colibri are based on an inventory item of some type.
On the sales side, we have a
And on the purchasing side, we have
When projects are used, additional transactions will be created from projects mode; there are
Once the transactions have been raised in Inventory Mode the appropriate transactions may be linked transactions may be entered in accounts mode.
Sapphire and Colibri provide all standard accounting functions for the entry of transactions relating to your clients. These include:
Sapphire and Colibri provide all standard accounting procedures for the entry of transactions for your suppliers. These include:
Posting a transaction will write the balances to your general ledger account and they may no longer be modified as is normal business practice once the transactions are posted.
Job Projects are used when consolidation and the tracking of income and expedition are required.
Sapphire and Colibri Payroll / HR are designed to complement Sapphire and Colibri Financials. Sapphire and Colibri Payroll operate with all the same standards and methods as Sapphire and Colibri Financials, including all reporting layouts.
Resource and project timesheets may also be directly imported into Sapphire and Colibri’s payroll / HR system.
Payroll / HR transfers data to financials using a general ledger journal – type code GJ, or Vendor Invoice type code VI.
Sapphire and Colibri provide control of depreciation as well as the management of the purchase and sales of your company’s assets. Asset depreciation is calculated on a company basis and an Australian Taxation Office – ATO standard rate which is the rate that is transferred to your general ledger. The system uses a general ledger journal type code GJ, and vendor invoice–type code VI when transferring the data to the general ledger.
~ Organization Structure of Colibri Business Accounting Software Video ~
Colibri Business Accounting Software