Smart Accounting software is developed by Tanzanian experts from Step Ahead Financial Consultants Ltd (SAFCO LTD), driven by their mission to make accounting a simple and suitable process for Tanzanian conditions, rather than relying on foreign systems that cannot be further customized to meet client needs based on their business or company type. We strive to provide high-quality services that meet the specific needs of each of our clients.
Get StartedSmart Accounting is not just an ordinary accounting system; it is a digital system that brings ease, efficiency, and high-level control to the overall performance of your business or company. Here are some of the main features that Smart Accounting offers:
Smart Accounting is known for its ease of use and quick understanding. Its layout is designed with great skill, allowing users to start using the system immediately without the need for extensive training. This enables users to focus their efforts on critical business activities instead of struggling with complex accounting systems.
The system allows you to manage and track your branches transparently, without mixing data from other branches. You can get reports for each branch as well as consolidated reports for all branches.
The Smart Accounting system helps you track and optimize your production processes. From monitoring raw materials to managing production output, you can streamline workflows, reduce costs, and improve overall efficiency. The system also allows you to generate detailed production reports, ensuring your manufacturing operations are running smoothly and meeting targets.
Smart Accounting can be integrated with other systems, including financial companies like banking and mobile transactions, enhancing efficiency and simplifying your financial activities. This allows your customers to make payments through their mobile phones using a Mobile Application easily, securely, and quickly.
Our Smart Accounting system allows you to manage service-related operations with ease. You can register new services, set pricing structures, and track service performance. The system also enables you to generate service-based revenue reports, helping you to make strategic decisions and streamline your service offerings to meet customer demand efficiently.
You can track your sales/revenue in detail, obtain information such as revenue by specific product or service, and take strategic actions easily to improve your business/company performance.
The Smart Accounting system enables you to manage items and inventory efficiently. You can register new items or services, set units of measure, and track your item list. The system also allows easy inventory calculations, including item value summary, inventory quantity summary, and inventory profit margin. This simplifies tracking stock availability and ensures you do not face stock shortages or loss of needed items.
The system includes human resource and payroll management services, simplifying payment processes and providing detailed reports for employees. Through this system, you can register employees, track employee attendance, plan employee leave, request employee transfers, analyze job applications more effectively (Recruitment portal), process payroll automatically, monitor employee loans, and handle other important HR matters.
This is a crucial part of our system that allows a company to manage the entire procurement process efficiently, such as Supplier Management, Tracking Purchase Requests, Obtaining Quotations and Making Purchase Decisions, Placing Purchase Orders, Monitoring Goods Dispatched/Issued, Supplier Payment Verification, and Various Procurement Reports.
Smart Accounting provides detailed reports on your company's financial status, including Balance Sheet, Income Statement, Cash Flow, Changes in Equity, and Detailed Accounting Notes. You can also perform bank reconciliation easily and very efficiently.
The Smart Accounting system helps companies track and manage their fixed assets efficiently, such as Fixed Asset Registration, Tracking Assets and their locations, Maintenance Monitoring, Automatic Depreciation Calculation Model, and generating various accounting reports on fixed assets.
Smart Accounting provides detailed reports and analysis of various financial and operational data. These reports include bank transaction reports, cash book reports, transactions per user reports, VAT reports, etc.
The system allows you to approve the entire payment process within the system, reducing the time spent handling files and waiting, thus simplifying the entire operational/accounting process by enabling approvals from anywhere and at any time.
Our Smart Accounting system features an attractive and suitable dashboard that provides an overview of daily sales, collections, outstanding customers, paid customers, etc., along with a summary of accounting statements.
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Step Ahead Financial Consultants Limited (SAFCo) provides expert services in accounting, finance, taxation, and software development, specializing in management systems and Excel templates. Approved Microsoft Partner with 7+ years of experience.