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Softrax Financials

An accounting software system designed by Softrax for software development companies.
Questions about Softrax Financials? Call (800) 827-1151 and talk to a software expert now.

Softrax Financials is the first financial system created specifically for software, internet, and information companies. It offers everything you’d expect from an enterprise financial system, including richly functional, fully integrated General Ledger, Accounts Payable, Accounts Receivable, Purchasing modules, and FRx financial reporting. Softrax Financials integrates seamlessly with Softrax Operations, the only operations system designed specifically for the software, Internet, and e-service industries.

Accounts Receivable

Features Include:

  • Easily access complete online invoice, customer, and payment history for each account
  • Create user-defined aging periods
  • Instantly access and maintain revenue schedules
  • Provide numerous distributions at the line item level
  • Associate revenue schedules with line item distributions
  • Recast revenue distributions based on new VSOE values
  • Recast revenue distributions based on groups of line items
  • Support for flexible ‘milestone’ invoice generation and payment plans

Accouts Payable

Features Include:

  • Leverage automatic links to the purchasing module for rapid vendor status
  • Get three-way matching of purchase orders, receiving documents, and invoices
  • Create multiple vendor contacts and locations
  • Group vendors into multiple system- and user defined categories for analysis and payment
  • Set default expense accounts - automatically entered during voucher creation

General Ledger

Features Include:

  • Get total, per-item control over posting and timing
  • Generate ready-made Trial Balance and Journal Entry reports
  • Report on current budget, with support for unlimited revisions
  • Define reports with built-in Financial Report Writer, or utilize the FRx financial reporting system

Purchasing

Features Include:

  • Create and approve requisitions online
  • Create blanket and standard purchase orders
  • Transfer requisition line items to multiple purchase orders
  • Create purchase orders with line items from multiple requisitions

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