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Group of programs: Business automation
Accounting for a utility company
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To the attention of accountants of management companies, housing and public utilities, cooperatives of apartment owners, gardening companies and other associations! We offer to facilitate accounting of housing and public utility companies or other services with the help of the program the USU-Soft utility company accounting. Accounting in the field of housing and public utilities has its own features, and all of them are taken into account in the development of this software product. Accounting in a utility company usually consists of two types of accounting wires. Firstly, it is the purchase of services from suppliers. As a result of accounting of this step, you receive accounts payable and bear accounting costs. Secondly, it is the provision of resale to the members of the cooperative of owners of the apartments and to the community as a whole (the utility company accounting reflects both ordinary debts and accounting income). As such services are of great importance to the society, it should be stated that such a program is sure to be of help to the utilities which experience difficulties in accounting of a great number of customers who need this essential services provided without delay and any inconveniences. It seems from the first glance into the matter that accounting in a utility company is not complicated and doesn’t need to be modernized or automated.
Who is the developer?
2024-04-20
Video of accounting for a utility company
This video can be viewed with subtitles in your own language.
However, it is not as easy as one might think. Accounting in utility companies requires a careful approach (as in any other accounting by the way as it has different aspects careful revision of which is of great importance to the company as misunderstanding of information or its loss cant but lead to great problems and complaints from customers). As a rule, the accounting is maintained with the simplified system of taxation as this is the way to minimize taxes and help the company to gain more profit. The utility company accounting is often conducted by an incoming accountant or by an employee working remotely. At the same time, untimely transfer of documents complicates and slows down the work. It is unacceptable in the context of the services the utility company renders as any delay threatens the stability of the services and leads to unsatisfied customers who suffer as a result of slow work and mistakes. In a specialized program you can quickly and accurately make correct calculations of all necessary payments which are made by clients, even without being a professional accountant. To do this, you just need to enter all the data on residents or upload them from other sources, as well as to prescribe tariffs for each provided service and regularly run the automatic process of calculation. This automation is sure to facilitate the work and help you to avoid mistakes and the routine filling in of documents. The utility company accounting program will do everything else for you.
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Who is the translator?
Khoilo Roman
Chief programmer who took part in the translation of this software into different languages.
This significantly optimizes accounting in the utility company. What are the peculiarities of maintaining accounting in a utility company? The main peculiarity is that there are monotonous actions which are repeated each period. Each week, month or quarter there are the same things that need to be done. So the question arises – why not let the accounting computer program do the routine work? One more feature of a utility company is that suppliers are often monopolists and have their own requirements of accounting, which you can easily implement in the accounting system. So, the program can take into the account the requirements of the suppliers and make interactions with them in the form acceptable in the suppliers’ environment. This is the way to save time as everything is generated automatically according to the patterns embedded into the accounting system.
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If the program is purchased for 1 user, it will take no more than 1 hour
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If you have special software requirements, order custom development. Then you won’t have to adapt to the program, but the program will be adjusted to your business processes!
Accounting for a utility company
Besides, accounting in the sphere of housing and utility services provides for submission of a number of statistical reports. You can also easily and quickly generate them in the software we offer. To make the process of producing reports as fast and accurate, we have implemented several methods of collecting and analyzing information. The result of the program’s work can surprise you as the only thing left for you to do is to look at the report and see the tendencies your utility company has. Apart from that, these reports can be transferred to the authority persons for examination of work of the utility company. All samples and filters allow you to structure the information by a given criterion, move to a more detailed level or, conversely, obtain generalized data. You can view the data remotely without being in the office of the management company. At the same time, the head of the organization can control the activity of the accountant and manage work processes on site by logging into the program under his or her password.
The clients don’t care who and how keeps the accounting, but it is important that accruals are made correctly and accurately. And the only way to have such results is to automate the process letting the utility company program do the routine processes and avoid any mistakes and unpleasant situations. This makes the mediation process between the utilities and the residents comfortable for both parties. People trust modern software, which allows everyone to avoid unnecessary disputes, reproaches and delay of payments. Each provider of accounting services in the sphere of housing will also benefit from such cooperation in the form of professionally executed documents, timely provided data, operative and organized work. Your enterprise is going to be on a special account, which means that the services will be provided without delays in the necessary volume and proper quality. And what else do residents of the district and the administration of the management company need?