One day workshop on .Net Technology

OpenMiracle provided Free One day workshop on .Net technology to encourage the students to develop WEB applications on their own and also made awareness in job opportunities in this stream. Also we tried to promote students technical career towards the new technological developments that happens in the industry.

It provided a forum for delegates to exchange their views & experiences to sustain and grow in modern competitive IT job market. To cover, the entire gamut of .Net Technology, various themes were included. The themes include a perspective of Open source software’s, emerging technologies like .Net and how to develop using .Net.

Our motive is to enable all the participants to shine in the latest trends and we are happy to hear that our workshop events for College students have attracted large pool of students and professionals alike.

All the credit goes to Mr Sainuel Abideen, who worked behind the event!!!

We thank you for your support and encouragement for arranging such an opportunity to plan the event. Kudooos to all the personnel’s who helped to make the first move…

                                                                                        Prinju.k

                                                                                        For Openmiracle

BUDGET

Today technology has taken us with such great strides toward advancement… Information technology has brought everything that man envisaged into a reality. In this peak time Cybrosys Technologies introduces their new software Openmiracle!!!

I was really impressed with the Openmiracle; their keen interest in understanding how the business model was structured and working through the benefits and challenges of acquiring the solution.
I was very attracted to the Budget Module.

 




Budget & Budget variances  that are controllable or usually expenses. This can be eliminated without an immediate adverse impact on profits. It’s specified in Account Ledger & Account Group. When the budget has been prepared and the period has started, it is essential to monitor how close the actual income and expenditure is to that predicted. This allows those responsible for the budget to see the organization's financial situation on a regular basis. Any differences or variances need to be examined and are a basis for corrective action. 

The budget variance is favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget. Make sure the budget is realistic. If it includes too many rough estimates, it will not provide a proper tool for planning and control and there is a higher risk of over- or underestimates. It is a tool for checking on implementation, and an essential part of the financial report.…… 

Why Mid to large companies choose Openmiracle???

A strong budgeting  system improves accuracy for budgeting and long-term business development planning.

•Improved accuracy :  The tight deadlines and overtime hours associated with the budgeting cycle make it an error-prone process, but a single human error can have a massive impact on a company’s profitability. A good budgeting program eliminates most of the opportunities for calculation errors, increasing overall accuracy of the process.

•Faster & simpler :  Openmiracle  software contains high level functionality specifically dedicated to this purpose. This saves time on process creation (no need to create an Excel file), allows for data to be saved and reused year over year, and makes the budgets easier to manage and amend. Overall this can halve the amount of time spent on the budget cycle.

•Report consistency:  These solutions connect employees across the enterprise, ensuring that the budgets have the same readable format no matter who prepares them.

           

•Better forecasting: Computer forecasting programs use complex algorithms that are designed to predict future expenses and sales based on past data. This makes for more accurate forecasts and long-term success.

Why are you waiting … get ready…. Being part of this miracle…Do something for World…..!!

www.openmiracle.com  

Get the full version today!!

Enjoy!!

Regards,

Sreeja .M.M

OPEN MIRACLE!!! A Free Accounting Package

Firstly we need to recognize that very rarely is anything 100% Free…Accounting Package. . If something was 100% free, with all features unlocked, huh…!! Then the first question to my mind would be How Will This Company Survive……??!!

It is very easy to learn, understand and use when compared to other accounting packages. Different modules are included in this package. The benefit of going with open miracle is the cost saving for your business…!
Discussing one of the module –Masters in open miracle:
MASTERS……….!!

Masters are what we get when we ask ‘with whom?'  With whom do we do business? Our customers and suppliers. 'With what?' –As in what do we transact with –services & inventory. 'Using what?' – gives us taxes, units of measure, currency, batches. All these become 'masters'

Customer: Actually master form will assign to makeover basic creation of all accounting requirements. itz the first section of particular requirements and end goal of business

Supplier: Here, supplies goods or services. This may be distinguished from a contractor or subcontractor.

Account Group: When you create a master record in the chart of accounts, you must specify an account group.

Account Ledger: A company's main accounting records. A general ledger is a complete record of financial transactions over the life of a company.

Multiple Account Ledgers:  Ledgers sets allow you to group multiple ledgers together to achieve processing ... All ledgers in a ledger set must share the same chart of accounts

Product Group: This is normally assigned to Alternative term for product family.

Product Creation: The product creation with new or different characteristics that offer new or additional benefits to the customer.

Multiple Product Creation: Multiple groups can be associated with the same product.

Batch: A report which gives performance information for selected criteria..Batch reports are commonly associated with accounting software.

Brand: The process involved in creating a unique name and image for a product in the consumers' mind, mainly through advertising campaigns. Juz like product brand.

Model Number:  This is commonly used in many different types of product manufacture.

Size: It assign Product size.

Unit: It is the general term that means the measurement of particular goods.

Godown: Normally Godown is storage area or storage place.

Rack: Rack is also storage area.

Pricing Level: The unique cost you set that is associated to a particular Pricing Level.

Price List: Manufacturer's, distributors, or retailers quoted, published, or displayed price on which quantity, seasonal, or other discounts.

Standard Rate: Rate based on standard costing, or on standard practices

Tax: A fee charged by a government on a product, income, or activity. This means governments finance their expenditure by imposing charges on citizens and corporate entities.

Currency: Any form of money that is in public circulation.

Exchange Rate: The price of one country's currency expressed in another country's currency. In other words, the rate at which one currency can be exchanged for another.

Service Category: It is the current account because goods and services are generally consumed in the current.

Services:  The purpose of this is to provide definitions of accounting, auditing, and assurance services.

Voucher Type: A written record of expenditure, disbursement, or completed transaction.

Area: Area means particular extent of space or surface.

Route: Route will assign to direction of particular accounting task.

Product Register: Here, A document provides a description of the configuration register Related Products .
 
Salesman: An individual who sells goods and services to other entities.


Good Luck….!!

www.openmiracle.com

B Lameeza Shireen.

Payroll

We know that payroll is a tricky and sensitive business, which is why Openmiracle Payroll software includes an extensive range of features and services to make sure employees are paid accurately and on time. 


It doesn’t matter how many employees you have on your books, or how complex your structure, our Payroll module can cope with multiple company payroll tasks.


Whatever pay method you use — hourly, salary, hourly and salary combined, contract or piece work — Openmiracle Payroll handles them all and easily handles multiple pay rates for each employee. It automatically calculates all taxes, benefits and deductions. Openmiracle Payroll guides you through each step. We work hard to make your payroll process easy.

Special Features:

•  Software is built using Microsoft Technologies. Hence it is easy to use and operate.
•  Open miracle helps you to create multiple Divisions, or Sections as well as        Multiple     Grades, Levels, Designations.
•  Automatically distribute payroll expenses to multiple departments, including payroll  for employees working in several different departments at different pay rates.
•  Use any payment method: hourly, salary, per-diem, contract or piece work.
•  Payroll supports overtime, holiday pay, advances, draws, base pay and miscellaneous     charges.
•  PF & ESI rules inputted in the software
•  See detailed employee information on one screen.
•  Several Payroll reports
•  Paychecks
•  contains registers of all the details separately.


 Openmiracle Payroll lets you sort reports on more than 10 different parameters. You can sort report data based on Employee Code, Name, Designation, Division, Department, Grade, Level etc





We also offer a level of flexibility that can meet the needs of any organization, no matter how small, large or complex you are!!!

Athira E.V

Financial Statements

Yeah, as the name specifies,'OPENMIRACLE' is an open source software. It is developed to make accounting much more easy than ever. It is easy to learn and understand the software compared to other prominent packages available in market. This software is going to place a milestone in accounting, due to its customization facility. As the source code is freely available, anybody who knows programming can modify it to their requirement(s). A lot of modules have been incorporated in this software. I would like to discuss about Financial Statement module. Financial Statement is a formal record of the financial activities of a business, person, or other entity .This module contains about 6 subdivisions.
They are:

Trial balance: This is a list of all businesses accounts balances which should net to zero
Balance sheet: This shows a snapshot at a given point in time of the net worth of the business. It details the assets, liabilities and owner’s equity
Profit and loss: This is a  financial statement that summarizes the revenues, costs and expenses incurred during a specific period of time - usually a fiscal quarter or year.
Cash flow : Is the movement of money into or out of a business, project, or financial product
Fund flow: The net of all cash inflows and outflows in and out of various financial assets
Chart of account: List of the accounts used by an organization to define each class of items for which money or the equivalent is spent or received.

And it goes on…

Remember, the best part is …. You could be the designer of your version of Open Miracle. 

Grab a chance, and change your destiny!!! Good luck!!!



Anees . K

Its the time to change..the very time to break the conventional..

Get ready for the new experience..the miracle..!!!

Yess......Cybrosys Technologies proudly presents OpenMiracle-the Human Way of Accounting.

"OpenMiracle" is a free and open source accounting software suitable to track accounts, Inventory and Payroll of all kinds of Micro, Macro, Small and medium size business. In short, OpenMiracle is a complete solution for all your business needs. Its very easy to use yet powerful and flexible based on professional accounting principles to ensure balanced books and accurate reports. And the greatest thing is that OpenMiracle is free of cost for the lifetime..!!! 

This time you are getting a chance..to get loved to your business accounting, to customize it according to your purpose, to get support from experts and above all, your data security is assured. 

The purpose of life is to do something new..something innovative..something that is promising..!! We have miles to go and take chance with Open Miracle and make the world into the Human Way of accounting..!!!

www.openmiracle.com

Get the full version today !!

Enjoy your Stay !!

Elina Ilthumish