VAST Accounting Professional™
General Features

Why consider VAST Accounting Professional™?  What makes us different from other accounting packages?


General Features
  • Foreign Currency Exchange Conversion
  • Multiple Users
  • Multiple Modules/functions open at once
  • Real-time or Batch Entry
  • Full-screen editing on input
  • Context sensitive online help
  • Journal Entry lookup of account codes
  • Automatic reversing entries
  • User & Group level security
  • Integrated with National Payment Corporation for
    companies using Direct Deposit
  • Accounting modules available 
    besides System Manager:
    GL, AR, AP, INV, PR, OE, PO,  JC, , 
    Checking Account, Contact Manager
General Ledger Functions
  • Provides standard chart of accounts

  • Supports Departments

  • Copies department accounts to 
    new department

  • Drill down functions from entire chart of accounts
    to a specific account to a specific month of 
    that account

Financial Statements / Reporting
  • This month vs. last year

  • This month vs. budget

  • YTD vs. last year

  • YTD vs. budget

  • Cash flow statement

Accounts Receivable Functions
  • Aging based on actual date

  • Aging mirrors payment terms

  • Supports unlimited customer notes

  • Supports contract pricing

  • Places customer on credit hold

  • Credit limits verification

  • Supports recurring billings

  • Can deposit to multiple banks

  • Parent/Child billing

Accounts Payable Functions
  • Aging report

  • Allocate payables across department

  • Cash requirements reporting

  • Aging based on due date

  • Aging based on invoice date

  • Vendor history detail reports

  • Supports recurring invoices

  • Tracks & processes 1099 data

  • Maintains vendor type codes

  • Can pay out of multiple banks

  • Handles company credit cards

  • EFT Payments

 

Inventory Functions
  • Tracks serialized inventory

  • Multiple warehouses

  • Kitting

  • Unit of Measure Conversion

  • Multi-level pricing

  • Assembly production

  • Bar code printing and recognition

Checking Account
  • Unlimited bank accounts
  • Real time account balances
  • 5 different types of misc. checks
  • Customer refunds (which credit the customer 
    account)
  • Vendor Prepayments
Contact Manager
  • Customizable data-entry fields
  • Exports to Outlook Personal Folders or Exchange
    public folders for contact sharing throughout the
    organization
  • Quote creation - turn into sales order.
Payroll
  • Direct Deposit Capability
  • Unlimited employee deductions
  • Handles miscellaneous compensations 
    (car allowance)
  • W-2/W-3 to Mag Media
  • 940/941 Worksheets
  • W-2/W-3 Calculations
  • Multiple pay periods
Job Costing
  • Tracks WIP
  • Reports on WIP variances
  • Allows creation of Change Orders
  • Unlimited change orders
  • Unlimited stages
  • Unlimited task codes
  • Unlimited time codes for w/c tracking
Order Entry
  • Convert quotes to orders
  • Create order templates
  • Unlimited shipping addresses
  • Handles deposits on Invoicing
  • Recurring orders/invoicing
  • Real-time or batch posting
  • Processes returns
Purchase Orders
  • Automatically generates PO based on 
    Inventory Levels
Sales Persons
  • Processes commissions
  • Allows changing of salespersons codes
    (transfers customers)
  • Add overhead percentage deductions
  • Commission calculations based on 
    gross or net sales
  • Commissions can be based on straight 
    percentage or on units sold
  • Can be calculated on order or on payment
  • Salespersons can be employees or vendors