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

Do..! Miracle with Open Miracle

          Hoo….! How lazy I am, to my profession? Guyzz itz wrong na ..? This is cheating myself and also cheating the entire field also..

How can I do the accounting process like my passion..? How can I make it easy like my day to day activities? How can I consider my work as my hobby? Have you ever thought like dizzz…? Your answer is Yes..? Then  Here is one solution, only for you who has the same thinking's like mine!  That is the “ OPENMIRACLE ”  the complete accounting package specially designed for you.

          The miracle people have done such a awesome miracle in this software. In each and every process  we can experience a professional touch, if you are ready to give some space to occupy the software in your computer means no doubt.!  You can  go ahead..You can feel the miracle of accounting software while at work and you can't even imagine how the miracle could change your life.

          Even though there is lots of accounting packages available in the market, most of them are failure because of the bad accounting features and  the speed like bla bla bla .. these problems are completely solved in OPENMIRACLE.

          In these Software part my favorite forms are sales invoice and its register, how simple the forms are, I am sure if you don’t have any experience in accounting background or you are not at all  a professional accountant at your, The only thing you need to know is the basics of accounting and understand what is accounting, then I am damn sure guys you can make a miracle with OpenMiracle software.

            

            You can download and do miracle With open miracle from these Link http://openmiracle.com/

                                                                                     

                                                                                                             Jaseel. A M

Accounting package-Transaction

Openmiracle is a open source accounting package. That means it is available at free of cost. Anyone can use it any time. It is very easy to learn, understand and use when compared to other accounting packages. Different modules are included in this package. I’m discussing here one of the important module like transaction.

TRANSACTION :  

In order to begin with the accounting cycle,first it is necessary to understand what actually your business transactions are? 

Transaction part is the one that majorly effects the financial condition of your business.Transaction is an agreement between a buyer and a seller to exchange an asset for payment. 

The vital importance for an accounting professionals in any business or organization is their ability to accurately record business transactions.In this free OpenMiracle accounting software, you will be introduced to ledger accounts, journals and recording your transactions in them.

Transaction module in OPENMIRACLE Software consists of 26 sub modules.The first four sub modules are

·         Contra Voucher

·         Payment Voucher

·         Receipt Voucher

·         Journal Voucher

Contra voucher is to record transfer of funds between cash and bank accounts.  

Payment voucher is to record payment of money by cash, cheque, bank transfers etc.                                                                                      

Receipt voucher is to record receipts of money by cash, cheque, bank transfers etc.

Journal voucher is an adjustment voucher normally used to record all non cash transactions.

Transaction module includes all account affecting and inventory affecting operations of company .It includes:

Payment

Handles all cash, cheque payments of company. Here we can do multiple payments in a single voucher

Receipt
Handles all cash, cheque receipt of company. Here we can do multiple receipts in a single voucher

Contra

It’s for recording depositing to a bank or withdrawal from a bank. Multiple deposit, withdraw can be done in same voucher

Journal
Its for entering miscellaneous account, it can be used for adjusting gap between actual ledger balance and expected ledger balance. it also can done multiple in a single voucher

Interest payable

It is paying the interest against a ledger. Here we can view all interest amounts to pay from where they can pay the amount fully or partially

Interest receivable

It is receiving the interest from a ledger. Here we can view all interest amounts to receive from where they can pay the amount fully or partially

PDC payable

Here we can do the payment where we have given the amount as Post Dated Cheque. Clearance of PDC will be carried out later

PDC receivable

Here we can do the receipt where we received the amount as Post Dated Cheque. Clearance of PDC will be carried out later

PDC clearance

It’s for clearing PDC payable, receivable. Here cheque may be cleared or bounced which can be recorded here .further changes according to it will be done by system automatically 

Bank reconciliation

This is to check whether any difference between bank statement and the book kept by company 

VAT journal

Its for doing VAT payable or Refundable. Here all input tax, out put taxes are listed, if input tax exceeds it is Vat refundable, if output tax exceeds it is Vat payable

Purchase order

It’s for placing a purchase order to a particular vendor. Here we specify the items that we needed for company, due date etc 

Material receipt

It is the receiving of goods that are ordered or purchased, but bill not received .That is the receiving of goods before bill. Here we have to add entry to stock, but accounts could not be affected as we didn’t receive the bill

Rejection out

It is the rejection of goods received via material receipt due to damage or any other reason. We have reduce the stock value according to it, no need of affecting accounts as material receipt didn’t affect the account

Purchase

Purchasing of goods against an order, or by direct or entering bill details of a material receipt. Direct purchase, against an order will affect both stock and account as there occurred movement of cash, items. It affects only the account if it is against a material receipt, since the stock is affected at the time of material receipt

Purchase return

It is the returning of purchase goods, due to damage or any other reason. Return can be done directly without having purchase invoice number. Here both stock and account will be affected as the purchase affected the both

Sales order

It is for placing a order for a sales. Here we specify the customer, items that we want sail, its rate details etc 

Delivery note

It is the delivering of goods that are ordered or sold, but bill not delivered .That is the delivering of goods before bill. Here we have to reduce the stock, but accounts could not be affected as we didn't deliver the bill 

Rejection in

It is the rejection back of goods delivered via delivery note due to damage or any other reason. We have add the stock value according to it, no need of affecting accounts as delivery note didn’t affect the account

Sales

Selling of goods against an order, or by direct or issuing bill details of a delivery note. Direct sale, against an order will affect both stock and account as there occurred movement of cash, items. It affects only the account if it is against a delivery note, since the stock is affected at the time of delivery note

Sales return

It is the returning of sold goods, due to damage or any other reason. Return can be done directly without having sales invoice number. Here both stock and account will be affected as the sales affected the both

Counter sale

It is the small scale sales happening at counter. It will affect the stock, but affect the account only if the user wants to affect the account

Package sale

It is special feature for sales, were we can sale the products as components of a product as a package.                  

Physical  stock

It is for adjusting gap between the actual stock and expected stock

Damage stock

It is for entering damaged items of company .

Learn more about the transaction part in Openmiracle by experiencing it.Track your money Transfer !!!!

The best solution to opt for making your business grow!!!

                                                  For Cybrosys Technologies