What is Open Systems Accounting Software (OSAS)?

If you’re looking for a versatile accounting solution that can be tailored to your unique business needs, Open Systems Accounting Software is the answer you’ve been searching for.

Open Systems Accounting Software (OSAS)

Business software accounting solutions, OSAS Software is an open-source and cross-platform accounting solution that allows businesses and nonprofit organizations of all sizes to use any combination of Mac, Linux, or Windows operating systems. With Cross-Platform Business Accounting Software, you’ll have everything you need to keep your company running smoothly.

OSAS is accounting software that allows you to run your business effectively. You’ll get integrated applications that track all aspects of your company with Cross-Platform Business Accounting Software. This gives you up-to-date data that is crucial for your company’s success. OSAS’ implementation will simplify your work quicker and save money by managing heavy data lifting with full ERP systems tailored for open source accounting software.

Organizations can benefit from ERP for Mac in a variety of ways. OSAS allows your staff to do more with a completely integrated ERP system, saving them time by eliminating duplicate data entry.

Modules of Open Systems Accounting Software (OSAS)

Open Systems Accounting Software is a complete business solution that offers a variety of modules to suit your specific needs. Some of the most popular modules include:

1. Accounts Payable:

You must make good money management judgments about which bills to pay and when. Accounts Payable is an integrated accounting system that allows you to keep track of your obligations to suppliers and manage your cash flow. It’s also crucial for paying bills, generating checks, and monitoring the expenditure distribution.

With fast entry and defaults on headers, you can improve your efficiency. They enable you to create fields and header screens that allow you to skip over fields and pick the values you want.

2. Accounts Receivable:

A successful business must manage its financial flow and customer information effectively. The Accounts Receivable application in Open Systems Accounting Software (OSAS) helps you handle these issues by keeping track of all aspects of your receivables on time. This important management data, presented just the way you want it, allows you to increase your profits and improve customer relations.

You’ll be able to craft your message in a more professional tone. Your clients will appreciate the clean, uniform invoices and statements. You’ll be ready to assist them if they have questions about their account. Detailed client information, as well as payment history, may be accessed quickly.

3. Bank Reconciliation:

This is a critical part of the accounting process that ensures the accuracy of your financial statements. The Bank Reconciliation module in OSAS allows you to reconcile your bank account easily. 

OSAS’ Bank Reconciliation feature allows you to match transactions, automatically reconcile your accounts, and keep track of uncleared checks. This module also allows you to generate reports that clearly show your current financial situation.

4. Banking:

The Banking module in OSAS allows you to manage your company’s finances securely and efficiently. With this module, you’ll be able to process checks, deposits, and transfers with ease.

The Banking module provides you with the tools you need to manage your company’s finances. With this module, you’ll be able to process checks, deposits, and transfers with ease. You’ll be able to produce reports that show you exactly how much money you have right now.

4. Bill of Materials/Kitting:

Your manufacturing business may be doomed if you can’t supply existing buyers and attract new consumers with the proper goods at the appropriate time for the best price. The Bill of Materials/Kitting application from Open Systems Accounting Software (OSAS) might help you accomplish this. Bill of Materials/Kitting lets you build assemblies with up to ten levels. You can also define kit assemblies and specify source warehouses on a component-by-component basis.

Determining how much individual components cost as soon as feasible can boost your odds of winning bids. You may do this by reviewing the History Report to see what previous similar items have cost.

5. Contractors’ Job Cost:

If you’re a contractor, then you know that job costing is essential to your success. The Contractors’ Job Cost module from Open Systems Accounting Software (OSAS) allows you to track the costs of your projects and manage your business more effectively. With this module, you’ll be able to track project costs, generate reports, and manage your business more effectively.

The Contractors’ Job Cost module allows you to track the costs of your projects. With this module, you’ll be able to track project costs, generate reports, and manage your business more effectively.

6. Direct Deposit:

Do your employees worry about the clock and when their paychecks will arrive at the bank on time? Is it typical for lunch hour to be extended because they’re in a queue at the bank? With a Validating Paycheck System from Open Systems Accounting Software (OSAS), you may enable your employees to have recurring, automatic payments into their bank accounts daily or weekly. It will provide your workers with more convenience: peace of mind. They’ll know that their paychecks will be delivered straight to their bank account in a prompt manner.

7. Enhanced Payroll Tax Reporting

Open Systems Accounting Software (OSAS) offers an Enhanced Payroll Tax Reporting module that makes it easier for you to comply with government regulations. With this module, you’ll be able to generate reports that show your company’s compliance with federal, state, and local payroll tax laws.

The Enhanced Payroll Tax Reporting module allows you to generate reports showing your company’s compliance with federal, state, and local payroll tax laws. With this module, you’ll be able to generate reports that show your company’s compliance with federal, state, and local payroll tax laws. You’ll also be able to create invoices that reflect the actual cost of your projects.

8. Fixed Assets

You need to consider an asset’s tax and cash flow implications before buying it. Once you have it, you need to track how much it is worth and how much it is losing value. You can do this with the Open Systems Accounting Software (OSAS) Fixed Assets application. This will help you make wise decisions about the assets you purchase and track the value of your assets over time.

Fixed Assets will keep you up to date on tax law changes. Fixed Assets contains government-approved depreciation tables that have been approved. This may help you stay up to speed on the most recent tax guidelines, which are often updated.

9. General Ledger

The General Ledger module from Open Systems Accounting Software (OSAS) gives you the ability to track the financial transactions of your business. With this module, you’ll be able to generate reports, manage your finances, and make better decisions about your business.

With this module, you’ll be able to generate reports, manage your finances, and make better decisions about your business. You’ll also be able to create invoices that reflect the actual cost of your projects.

10. General Report Writer

OSAS accounting software offers a General Report Writer (GRW) to make it easy for you to create custom reports. The GRW allows you to select the data you want to include in your report, and then format it according to your specifications.

With the GRW, you’ll be able to create custom reports that include the data you want and the formatting you need. You’ll also be able to save your reports to use them again in the future.

11. Info-Alert

Info-Alert is a smart business tool that notifies you of particular company situations. The Info-Alert acts as a “virtual employee” who monitors your OSAS data and sends alerts when certain business conditions are satisfied. It reports the information to the right people as a “virtual employee.”

It is simple to install Info-Alert. Info-Alert will run automatically after it is established, reviewing your data and providing you with the information you seek. You can connect other Microsoft or ODBC-compliant databases to Info-Alert to get alerts based on your company’s specific data. Info-Alert can help you track what is going on with your customers.

12. Inventory

Open Systems Accounting Software’s (OSAS) Inventory Control module allows you to track inventory, manage stock levels, and generate reports. With this module, you’ll be able to track your inventory and ensure that you have the right amount of stock on hand.

13. Job Cost

Keeping track of all the costs for your job can be difficult. You need to keep track of overhead costs, bids, and revenues. The Open Systems Accounting Software (OSAS®) Job Cost application can help you stay informed and organized. You will be able to calculate variances between actual and estimated costs and revenues to make necessary changes to your budget.

You can keep track of your task expenses and generate reports that will assist you in making decisions about your job with Job Cost. You’ll also be able to compute actual and anticipated costs and revenue variances.

14. OSAS Web B2B

OSAS Web B2B is simple to use and easy to modify, allowing you to access your Open Systems Accounting Software (OSAS) data through the Internet. Your clients may log in to sales, accounts receivables, and inventory data via the Internet, saving you and their time.

With OSAS Web B2B, you can access your Open Systems Accounting Software data through the Internet. Your clients can log in to sales, accounts receivables, and inventory data via the Internet, saving you and their time.

15. Payroll

The Open Systems Accounting Software (OSAS®) Payroll module is an integrated application that allows you to process payroll and generate reports. With this module, you’ll be able to keep track of your employee’s hours, calculate payroll taxes, and create reports.

Using the Payroll module is simple and may help you save money and time. You’ll be able to handle payroll and create reports with this module. You’ll be able to track employee hours and calculate payroll taxes, among other things.

16. Purchase Order

The Open Systems Accounting Software (OSAS®) Purchase Order module is an integrated application that allows you to create and track purchase orders. With this module, you’ll be able to keep track of your vendor’s orders, invoices, and payments.

In Purchase Order module you can create and track purchase orders. With this module, you’ll be able to keep track of your vendor’s orders, invoices, and payments. You’ll also be able to generate reports to help you make decisions about your purchasing.

17. Sales Order

The Open Systems Accounting Software (OSAS®) Sales Order module is an integrated application that allows you to create and track sales orders. With this module, you’ll be able to keep track of your customer’s orders, invoices, and payments.

You can use the Sales Order module to create and track sales orders. With this module, you’ll be able to keep track of your customer’s orders, invoices, and payments.

18. Resource Manager

The Resource Manager plugin is necessary for all Open Systems Accounting Software (OSAS®) programs, making installation and integration simple. It includes basic system functions and utilities that reduce the need to enter complicated operating system commands, saving time and reducing the danger of error.

Print Manager is a print management tool for OSAS® that allows you to save your reports to a file and print them at another time, giving you a comprehensive report library.

Features of Open Systems Accounting Software(OSAS)

Here are some features of Open Systems Accounting Software:

Robust Functionality

Open Systems Accounting Software provides robust functionality with a comprehensive suite of integrated applications, including General Ledger, Accounts Receivable, Accounts Payable, Job Cost, Payroll, Sales Order, Purchase Order, and Resource Manager.

Availability & Strong Support

Open Systems Accounting Software is available 24/7, with live support and a knowledge base of how-to articles, video tutorials, and more. Open Systems products are licensed and distributed by hundreds of authorized value-added resellers, who sell, service, and customize the software. OSAS developers provide several vertical applications, including RCG.

Flexibility & Customization

Open Systems Accounting Software is highly flexible and can be customized to fit the specific needs of your business. You may add or remove functionality as required with the Resource Manager extension.

Integration

Open Systems Accounting Software integrates with various third-party applications, including Microsoft Office, QuickBooks, Crystal Reports, and more.

Introducing OSAS version 8

Open Systems Accounting Software (OSAS) version 8 is the most current. It’s our most current, comprehensive accounting and business software package and the most recent version.

As employees in your company need access to information away from the desktop more frequently, your ERP software must enable you to deliver this data as needed. The information you need is retrieved and delivered in ways that give you a competitive advantage in your market, thanks to the improvements of OSAS version 8.

Key Features of OSAS 8

  • New features in the General Ledger module, including journal entry groups and the ability to post to multiple ledgers
  • The BBj platform is built on the Java programming language.
  • Improved reports in the Accounts Receivable module
  • enhancements to the Accounts Payable module, including the ability to create recurring invoices
  • improvements to the Job Cost module, including the ability to track project profitability
  • A new time and attendance feature in the Payroll module
  • The ability to generate sales orders from quotes in the Sales Order module
  • Improved integration with QuickBooks

Conclusion

Open Systems Accounting Software (OSAS) is a comprehensive, integrated accounting and business software package available 24/7 with live support. OSAS is highly flexible and can be customized to fit the specific needs of your business. You may add or remove functionality as needed with the Resource Manager plugin. You must have an Open Systems Accounting Software 8 license to use this software version.

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