Lekhac 1.1
An innovative accounting tool for NGOs, NPOs & Voluntary organizations

Real time updation of data on server

There is real time updation of data entered by the user on server which helps in quick decision making and enhanced controls over the accounting system. The managers can correct errors of the sub-ordinates in real time and can provide quality results on real time basis.

Branch wise Accounting possible

Now there is no need to have separate installation of the accounting software at the branches or different remote places. The branch accounting can be done at the branch itself without installing a separate software with only creation of branches and giving some specific user rights to the operator at branch who can punch the data on the Central Server from his remote desk.

Section wise, i.e., Funding Agency, Department/ Unit and Budget wise, entry of income and expenses

With this unique tool, each income, expense and fixed assets can be allocated to separate Funding Agency, Department/ Unit of the organisation and budget heads provided by the funding agencies along with natural head of income and expenditure and that all too in a single entry. This gives performance (Income & Expenditure A/c) of the organisation as a whole and also Funding Agency wise, Department/ Unit wise and also Location wise.

Location wise entry of income & expenses

This is yet another special feature of this product. At entry level only, allocation of income/ expenses can be done to a particular area of operation of the organisation (location) which helps in management decision making. Location wise income and expenditure can also be generated without any additional effort.

Complete inventory maintenance of consumable items

This tool also gives the facility of maintaining the online inventory of the consumable items and that too with separate maintenance of records of inventory of these consumables. Direct effect on expenditure can be given at the time of issuing of a consumable item thereby making it hassle free maintenance of inventory records.

Real time alerts of overspent budget

Yet another feature of the product is the real time alerts of overspent budget item. The product gives red flags at the time of booking of expenses in a particular budget head if it is already exhausted.

Section wise financial statements can be generated.

With this accounting tool, financial statements can be generated in four different ways – (i) With natural heads for general stakeholders, (ii) for the provider of funds according to their budget heads, (iii) Department wise/ Unit wise – for internal appraisal in the organisation, (iv) Location wise – for organisation’s own decision making

Section wise budget reports

Likewise financial statements according to different sections, the software provides flexibility to generate budget reports also according to different section, i.e, funding agency wise, department/ Unit wise and Location wise which is useful in many ways for reporting to various stakeholders.

Handy reports for utilization certificates for funding agencies

Different Reports are generated by the software which can also be customised according to the user’s specification. This helps a lot in providing utilization certification to various donors and funding agencies.

No need to prepare lengthy statements for TDS returns - reports can be generated on a click

Another unique feature of the product is that reports of tax deducted at source can be generated at just a click which provides various details as required for filing TDS returns as per Income Tax norms. Now there is no need to manually prepare voluminous excel sheets to file TDS returns.

Ready report for statement of donations in Form No. 10BD for Income Tax purposes.

With this software, a donation register can be generated which gives complete details of the donor like name, address, unique id given by him, amount of donation etc. which gives ready information to fill Form No. 10BD under the Income Tax Rules and this compliance can be very easily done.