Easy to use – no need for software training or knowledge of accounting.
The ease and flexibility to customize WIBAMU to the Management Accounts you require makes this application a powerful solution for a small to medium-sized business or for your home accounts.
Users often have requirements to download data from their accounting software into Excel so that they can reuse the data in their business processes. WIBAMU Easy Accounts has been developed for direct use with Microsoft Excel because it is quicker, easier and more effective if the data is controlled in just one place.
What else makes WIBAMU Easy Accounts different from other Accounting software?
- WIBAMU automatically determines the correct accounting entries from your chosen options. No knowledge of double-entry bookkeeping is required.
- To save time, multiple data journals can be posted simultaneously in one bulk upload.
- Reports can be configured as you require and summary numbers can be drilled-down to the journal level to view the underlying dataset.
- All data can be exported and imported via csv files in a standardized format for sharing or interfacing.
- You can split any data journal values between Analysis fields as you define. For example you could split the journal between business lines, locations, P&L drivers, attribution etc.
- Any required details and reference information can be added to a data journal as needed. You can set-up your own drop-down lists of defined values in Settings and apply groupings and sub-groupings to provide meaningful management information for you and/or your business.
- You can create your own fields in the reports with any lookup data you wish to include.
- The Help Window at the bottom of each screen shows relevant guidance as you use WIBAMU Easy Accounts.
Functionality
- Quickly shows your profit, loss, income and costs at any time.
- Shows the financial position of your business.
- Shows the key ratios needed to understand the drivers and performance of your business.
- Automatically calculates the correct double-entry bookkeeping for any data posting.
- Controls ensure the accounts (debits and credits) always balance.
- Accounting journals can be posted by bulk upload or with templates to save you time.
- Enables consolidation of different business lines or distributed processes.
- Creates fully attributed and analyzed P&L, customized as you require.
- Enables trend analysis, comparatives analysis, forecasts versus actuals, debtor and creditor analysis, cash flow details, stock review and other flexible reports with groupings and drill-downs on the data.
- Also can be used for producing home accounts, debt balances and budgets.
- Easy-to-understand help information is provided in a support window as you use the application.
What are the benefits of leveraging Excel functionality?
- WIBAMU Easy Accounts can be easily integrated into any existing Excel-based processes.
- Excel is widely used by businesses – it is used to share data in common formats that people understand.
- The WIBAMU data structure can be easily reconfigured to include new reference fields and analysis splits.
- Flexible reports can be refreshed and reconfigured quickly and easily as required.
- Users can group, drill-down, sort, filter, find, review and update the data quickly.
- Powerful analysis and representation tools can be used in Excel on the data.
- Processes within an Excel workbook can be transparent rather than hidden in software logic.
- Excel enables Cloud-based sharing of the data and processes, with interactive commentary.
