The "Open-Year Technology"
Advantage
Systematics' advanced Open-Year Technology ensures that you are never stuck
with the usual year end constraints posed by other accounting products. You
can carry on with the new year transactions without ever having to worry about
loosing previous year's data.
There is simply no year end procedure to follow. You can make entries in to multiple years (password protected) future or past. When you make entries in future years, it affects only the future balances. When you make entries in to past years all balances for proceeding years will be updated on real time. No special processing or procedures involved, it's as if you are working with your current year's data!
The
Open-Year Technology also opens-up door for powerful data analysis and
reporting over several years. You can have all your reports including Balance
Sheet, P&L, Trial Balance, Sales Analysis, Purchase Analysis, Profitability
etc. for any year and any period instantly. You can have year-to-year,
period-to-period comparison for any year.