RetailMagicSchieck Financial Software
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About
A reconciliation should begin with comparing the General Ledger closing balance to the sub-ledger or other relevant sources (such as bank statements or other third-party documents). Differences between the two need to be investigated, quantified, and where possible, resolved by posting correcting journals to the general ledger or sub-ledger as required. Anomalies should be recorded as reconciling items to provide visibility. The balances should match and be fully supported with all documentation attached to the reconciliation. The review process ensures the reconciliation is complete, and you can also add a layer to approve the reconciliation being complete. A framework and a standardised process go a long way to improve the reconciliation process each month-end.
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About
Record Sales and track un-deposited funds. Ideal for small to medium-sized companies wanting to upgrade from a paper or cash register sale system. Keep track of the stock you have on hand. Identify slow/fast moving and least/most profitable items and keep stock at optimum levels. Includes General Ledger, Accounts Receivable, Accounts Payable and Bank Reconciliation. RetailMagic eliminates more than 85% of the handling of paperwork. Our clients, no matter what module they are using can make it a Host Lane for $10 and add additional lanes for only $10 for each new lane. If your business only requires Point-of-Sale, start with the LITE version. When you are comfortable with those features and want to add inventory control to some of your products, move to the PRO version. After you are comfortable with either the LITE or PRO version you can add the ACCOUNTING module. We’ll be there to help you every step of the way.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Audit solution for companies
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Audience
Businesses searching for a solution to improve their services and increase sales
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationRecWise
Founded: 2017
Australia
www.recwise.com
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Company InformationSchieck Financial Software
Canada
www.retailmagicpos.ca
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Alternatives |
Alternatives |
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Categories |
Categories |
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Audit Features
Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management
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Point of Sale Features
Barcode Scanning
Commission Management
Cryptocurrency Support
Customer Account Profiles
Discount Management
eCommerce Integration
Electronic Signature
Gift Card Management
Loyalty Program
Multi-Location
Restaurant POS
Retail POS
Returns Management
Retail Management Features
Commission Management
CRM
eCommerce
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
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Integrations
No info available.
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Integrations
No info available.
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