Product Brochure


 

Innovative technology and an exhaustive set of unique features make FACT the most powerful and user-friendly business solution available today. FACT is the only business solution that offers a truly integrated state of the art realtime business solution for the dynamic business environment where nothing sort of Instant Power will do.
 

FACT has a comprehensive range of reports for customers, vendors, stock and financial data - you name it and it is there in front of you at the click of the mouse!  Be it your financial or your ledgers, FACT handles all your requirement with élan.
 

A brief sketch of its awesome functionality will indicate the unmatched capability of FACT.

 


 

Truly Integrated realtime Business solution

 

FACT is the only Business Solution that offers a truly integrated realtime Business solution for the dynamic business environment for the New Millennium, where nothing short of Instant Power will do.  

 

One Entry does it all

 

The moment you enter a Payment or Receipt Voucher, FACT updates the Bank Book, General Ledger, Trial Balance, Profit & Loss Account and the Balance Sheet all the way, instantaneously. Not just for the Voucher, but for the Purchase and Sales Invoices too, updating the Party's Ledger, Inventory and the GL too. All documents get updated instantaneously. And we assure you: one entry, only once.  

 

Print them as well!

 

Absolutely no wastage of  precious time. Cut out the manual writing of the Vouchers, typing of POs, DOs and Invoices. Even Credit & Debit Notes are printed instantly upon entry. Cut out all data entry errors and the time consuming editing process.  

 

All Reports to you, instantly

 

Instantly updated Cash & Bank Balances. Completely current Trial Balance, Profit & Loss Account and Balance Sheet. Instant inventory reports with transaction level details. Besides that, you can export all reports into spreadsheet files, DBF files and many more formats. 

Web Update - Automatic Update of FACT installation via Internet

Heard of Windows Update – the online extension of Windows that helps you to get the most recent updates and fixes for your computer via your Internet? Web Update, too, is such a built-in tool, which, automatically, downloads and installs the latest patch files / updates from our Web Server through the Internet. The tool auto-detects the updates that are necessary for your FACT installation and then, updates the current installation with the latest patch files. Thanks to the Web Update, the users of FACT will no more need the Product CD-ROM, containing the latest patch files and updates, and then run setup on the current installation again to update their installations.

FACT Cockpit - a bird's eye-view of your financial control points  

FACT provides you a native state-of-art information panel called FACT Cockpit, which triggers a wealth of crucial and vital business information as soon as you open any of the Installed Companies. It provides a snapshot of Vendor Outstanding, Outstanding Customers, Cash Flow, Profitability with a facility to zoom right up to the document level.

Increase Productivity with Revolutionary Template Technology!

 

Most of the vouchers, invoices, etc. has a precedent in the previous months - Rent, Salary, Transport, Sales Invoices. With the revolutionary Template Technology pioneered by us, you simply have to recall the template for the entry you wish to make, and save upto 75% of data entry time. 

 

Save 80% time in Document Entry with the Copy facility   

 

Introduce yourself with a real time-saver in FACT - the 'Copy' facility. Save as much as 80% time in your document entry ... just recall an existing document, such as, a Voucher, while entering your documents, and use its transaction details for a newly entered document. You just need to make the slight adjustments You can, also, use the 'Find and Replace' facility in conjunction with the 'Copy' facility to enter the documents at a still faster speed. Do away with all the time that you would have previously required to enter recurring expenses, incurred on a regular (even day-to-day) basis.  

 

Powerful MIS tools for instantaneous Fraud Detection   

 

With two of its large collection of MIS reports, FACT provides you with detailed analysis of your receipts and payments, and helps you in instantly detecting any fraud in your company. You can readily track the Payments / Receipts above a certain amount, and also, obtain the details of all your payments and receipts made through a Contractor.   

 

Switch from one module to another ... at consummate ease 

 

With FACT, you will never be tired of having to select the menu options (though there are plenty of them!) to access the different modules. Without having to exit from a screen, you can readily navigate to a different module by using the Switch facility. Just think of the power that it gives to you while you are entering a number of different kinds of vouchers, like Printing and Stationery Expenses, Salary to employees, Vendor Payments, Customer Receipts, and so on ...!

 

Auto Sales Service Invoices ... huge time-savings in document entry

 

Do you need to issue similar Invoices to a huge customer base? Get rid of the monotony of having to enter the same Invoices all over again for different customers, now. Just group your customers, and use the Auto Sales Service Invoicing facility to send mass-invoices to the customer groups at one shot.   

 

Built-in Reports customised to your needs  

 

FACT gives you reports, which are customised to your needs. For instance, you can make use of the Job Costing Statement to track the expenses involved in a particular job; you can keep track of the total amount payable to each of your Agents based on the number of Sale transactions through the Salesman Commission Statement; you can list your expenses for individual General Ledger Heads through the Petty Cash Book report; and many more ...      

 

Track your Products by Batch and Serial Numbers and Tracking WIP Including Waste Management

 

FACT caters to all business sectors. Industries, like Pharmaceuticals, Foods and Beverages, and Chemicals, which require tracking of Products by maintenance of Manufacturing and Expiry Dates based on Batch Numbers and Serial Numbers, benefit immensely from this.  

Fixed Asset and Depreciation - Fully Integrated   

Keep track of all the assets you have, where they are, who has them and all costs associated with an asset. Capture the asset as the purchase invoice is entered, along with the depreciation rate, life of asset, method of depreciation (Straight Line or Diminishing Value), salvage value etc. 

Track maintenance costs, repairs and other expenses. Automatically calculate Monthly and Annual Depreciation and post them to the accounts. Multi-User capable. Track gross block and net block. Handles additions and disposals and automatic calculation of profit/loss upon sale of asset.

Multiple Delivery Orders or Goods Received Note linked to a Single Invoice – A versatile and Powerful invoicing tool

It is quite common amongst many gasoline companies who supply fuel on a daily basis to bulk clients and raise Invoices at the end of the month for all deliveries made during the month. You could just imagine the volume of accounting to be done particularly, when there are multiple deliveries made on a single day to a bulk client, over a month (or fortnight) and the invoicing to be done for these transactions. Moreover, the Customer may wish to settle the entire dues payable by him on a single Sale Invoice and may not want to receive so many Invoices for the deliveries made. Open FACT and the “Invoice with Multiple D/Os” entry module has just been tailor-made for you. We have only discussed just one of the many scenarios possible here. This feature may come quite handy in many other similar situations too. Similarly, you may link a single delivery order for many Orders. This hugely popular feature is available on both sale and purchase sides. 

Revenue Expenditure Graph – A Powerful Financial tool for Income /Expenditure analysis

FACT has unleashed a powerful analytical tool – Revenue Expenditure Graph to study the impact of the Income (Revenue) / Expenditure heads over an accounting period (as a cumulative total for calendar months). The pictorial representation of the revenue / expenditure indicating the pattern of activity over a period of time compared with the base period value aids the management in financial planning and expenditure control. The Graph would help in identifying control points of your business and how does it affect your profitability.

Line Level Invoice Terms - define invoice terms at the product level - a great leap forward in Invoice Accounting

After keeping a close watch on the various Invoice accounting practices followed through the world, FACT has brought about a paradigm shift in the methodology of setting up your Invoice Terms for invoicing purchase and sale transactions. Current accounting standards have always shaped the design and usability of FACT. You may define Invoice Terms that shall be applicable at the Product Level i.e. Line Level of your Purchase & Sale documents. For example, you may invoice products attracting different rates of discount or different rates of GST levy, on a single Sale document.

Purchase / Sale Order Alarm Screen Trigger for Expected Date of Delivery

Monitor Expected Date of Delivery on Sale & Purchase Orders. Track the failed delivery schedules. Triggers an alarm on any deviations from the delivery schedule. Generate Overdue Purchase & Sale Orders.

Your accounts staff can run FACT - easily

 

With FACT, you do not need specialists. It is designed so simply that your current accounts staff can run it, and so can you. No need to go headhunting for accounts staff now.  

 

And with the Tightest Security!

 

Set up and define your own security levels. Allow users to access only what you want them to. No more, no less. FACT offers you the kind of security so long available for mini and mainframe users.


 

Main Features

Real-time Updates of all transactions

Single-User & Multi-User Version

Windows XP look-and-feel

Online Document Printing

Online Modifications and Deletions

FACT Cockpit - A snapshot of Vendor Outstanding, Outstanding Customers, Cash Flow, Profitability with a facility to zoom into the document level 
FACT Xplorer - Quickly find your masters, documents, and view reports including printing facility with real-time updates
Web Update - Automatic update of FACT Installation via Internet 

Online Credit Control checks

Audit Trails for Modifications and Deletions

Multi-Company with Consolidation of Accounts
Multi-Currency in all Documents
Auto posting of Foreign Exchange Gain/Loss to GL
Daily Currencies Table
Revaluation of Foreign Currency Bank Accounts
IBG or Inter-Bank GIRO support for Cashless, Paperless and internet-based electronic payment system
Multiple Control Accounts for Debtors and Creditors
Customer 'On Hold' and Credit
User definable Multiple Rates of GST/VAT/Sales Tax
User definable Profit & Loss Account, Balance Sheet, and Cash Flow Statement
Unlimited levels of Multiple Pricing Schemes
Available in Unlimited User Version
Power Searching with Search Wizard
Revolutionary Time-Saving Templates
Copy facility to recall existing documents during entry
Auto-Numbering of all Source Documents
Menu Customisation capability
Post Dated Cheques
Document Designer and Label Writer for customising the layout of your Source documents
User Defined Fields
All Reports on Screen, Printer and Files
Data Corruption Diagnostic facility
24-months Accounting Period
Extensive Data Import and Export facilities
Built-in Data Backup and Restoration facilities
Top & Bottom 'N' Customers, Agent and Product Sales Analysis
Fixed Assets and Depreciation - Fully Integrated
Sales & Profitability Analysis
Tally of Documents
Landed Costing / Imported Goods Costing
Comprehensive System Information Report
Combined Party (Customer and Vendor) Ledger
Outstanding Report for Orders, Delivery Orders, Invoices and Advances
Custom Options
 
Bank / Cash Books
Multiple Banks in Base and Foreign Currencies
Bank and Cash Book reports - facility to Zoom into Source Documents
Multiple Payment Instructions / Banking Details for Bank Books
Post Dated Cheque Report
Bank Reconciliation with Powerful Query
Bank Reconciliation Report
On-line Minimum Balance Check
Printing of all documents including Vouchers, Receipts, and Cheques
All Bank/Cash Reports available on Screen, Printer and File
Revaluation of Foreign Currency Bank Accounts (Unrealised Exchange Gain/Loss)
 
General Ledger
Unlimited Items in Journal and Voucher
Journal Book and Voucher Printing
Multi-Level Reporting
Sub-Ledger Opening Balances
Trial Balance along with Multi-level Zoom and YTD format
Profit & Loss and Balance Sheet in user definable format, Year to Date and Schedules
Cash Flow Statement with Schedules
MIS Report for Merging of Unlimited Accounts (Multiple Companies)
Audit Report on Receipts/Payments exceeding user-defined limits
Audit Report for Maximum Debit/ Credit Balances
Automatically integrates Payroll postings from PERKS - The No Compromise Payroll Software
 
Accounts Receivable
Sales Proforma Invoice & Quotation, Delivery Order & Invoice Entry
Customer Credit Control Checks
Multiple Shipping Addresses in Customer - Master
Customer 'On-Hold' facility
Credit Limit Exception Report
Credit / Debit Note Register
Multiple Control Accounts for Customers
Revaluation of Foreign Currency Opening Balances
Revaluation of open Foreign Currency documents
Customer-wise Currency Exposure Statement
Multi Company Party Ledger - Customer
Powerful Customer Query
Customer Reminders
Cash and Credit Sales
Audit Checklist
Special Rates for Sales & Purchases
Sales Register
  - Sorted on Date, Invoice Number, Products, Product Groups, Sub Groups, Customer, Agent, City, Country
- Filtered on Invoice Number & other criteria
- Month wise Sales Summary 
  - Multi Company Sale Invoice Register
Sales Profitability Analysis
Special Reports
  - Interest on Customer Account / Invoices
  - Statement of Account (including Summary)
  - Customer Reminder Letters
- Outstanding / Open Delivery Order
  - Sales Reconciliation 
Receipts Ledger
Customer Ledger
Online Document Printing
  - Proforma Invoice / Quotation & Sales Order
  - Sales Delivery Order & Sales Invoice
  - Sales Return with GST / VAT / Sales Tax
  - Debit and Credit Note
  - Customer Cheque Printing 
  - Receipts and Payments Voucher
Sales Return Entry
Outstanding Reports for Sales Order, Sales Invoice and Advances
ISR/BISR Services for Swiss Incoming Payments
Complete GST / VAT / Sales Tax Accounting with Exceptions
MIS Reports
  - Ageing Reports (User-definable Ageing Columns)
  - Customer & Product Analysis
  - Sales Analysis - by Salesman, Customer, Product and Product Group
- Due Date Reports
- Analysis - Sales (Top'N' Customer / Top 'N' Product / Top 'N' Agent) 
- Consignments Sales & Expenses 
- Top Customers By Sales Value 
- Salesmen Commission Statement  
- Multi Company - Sales (Top 'N') Customers  
  - Sale Order Position Report
Adjustment Listings
Payroll Software
 
Accounts Payable
Purchase Indent, Order, Delivery Order, Invoice and Purchase Return Entry
Purchase Register Sorted on Date, Invoice Number, Products,  Product Groups, Sub Groups, Vendor, Agent, City, Country
Filtered on Invoice Number & other criteria
Credit Limit Exception Report
Consignment Wise Landed Cost
Payment Register
Multi Company Party Ledger - Vendor
Vendor Register
Complete GST / VAT / Sales Tax Accounting with Exceptions
Complete Nepal VAT Accounting with VAT Registers
Outstanding Reports
  - Purchase Order
  - Advances
Adjustment Listings
Due Date Reports
Document Printing for all Documents
Multiple Credit Accounts for Vendors
Revaluation of Foreign Currency Opening Balances
Vendor-wise Currency Exposure Statement
Revaluation of Open Foreign Currency Documents
Powerful Vendor Query
Credit / Debit Note Register
Special Reports
  - Interest on Vendor Account and Invoice
  - Statement of Account
  - Outstanding / Open GRN
MIS Reports
  - Ageing Reports (User-definable Ageing Columns)
  - Customer, Product, and Vendor Analysis
- Top Vendors By Purchase Value 
- Purchase Order Position
  - Purchase Analysis - by Salesman, Vendor, Product and Product Group
 
Inventory Control
Multiple Warehouses
Memos (Bill of Materials)
Materials Issue Entry
Finished Goods Received Entry
Transfer of Stock Entry
Materials Received Entry
Finished Goods Returned Entry
Alternate Part Nos in the Entry Module
Production Rate Entry
Material Issues Register
  - Issued
  - Returned
Stock Transfer Register
Raw Materials Report
  - Consumption
  - Reconciliation 
Stock Taking
Alternate Part Nos Query
Product Budgets Vs Actual (Projectwise)
Document Printing
  - Production Issue Vouchers
  - Non Production Issue Vouchers
- Finished Goods Received Vouchers
- Production Manufacturing Orders
- Non-Production Manufacturing Orders
- Stock Adjustment 
- Stock Transfer
Option to include or exclude Invoice Terms from Stock Valuation
Costing Methods
  - LIFO
  - FIFO
  - Average
  - Standard (User-defined)
Production Cost Centers
Memos Register
Finished Goods Register - Received and Returned
Material In/Out (Stock Card Format)
  - Sorted by Products and Cost Centers
MIS Reports
  - Stock Status Query
  - Reorder Status
  - Overstocked Status
  - Multiple Warehouse Stocks
  - Production Issues
  - Stock Ageing (User-definable Ageing column)
- Stock Status Report with Outstanding Orders
  - Stock Valuation (in Multiple Costing Methods)
Manufacturing Order 
  - Order Register
  - Pending Order Status Report
  - Order Schedule Report
 
  World Wide Offices Systems Requirement (Single User Version)  

SINGAPORE
International Marketing Headquarters

FACT Software International Pte Ltd

10 Anson Road

#11-19 International Plaza

Singapore 079903
Phone (Sales): 65-62208832 
Phone (Support): 65-62204432 
Fax (Sales): 65-62248832 
Fax (Support): 65-62204431 
Email (Sales):
sales.sg@factsoftware.com  
Email (Support):
support.sg@factsoftware.com

 

DUBAI
FACT Software Middle East FZ LLC

Dubai Internet City

Building 2 - Suite 125

PO Box 500062

Dubai, UAE

Phone: 971-4-3910780
Fax: 971-4-3904875

Email (Sales): sales.ae@factsoftware.com

Email (Support): support.ae@factsoftware.com

 

 

INDIA

Corporate HeadQuarters

FACT Solutions India Pvt Ltd
(Formerly known as Vedika Software Pvt Ltd)

11 Circus Market Place

6 Agarwalla Chambers

Kolkata 700017
Phone: 91-33-40107050
Fax: 91-33-40107051
Email: info.in@factsoftware.com

 

Eastern Regional Office

FACT Solutions India Pvt Ltd
(Formerly known as Vedika Software Pvt Ltd)

11 Circus Market Place

2 Agarwalla Chambers

Kolkata 700017
Phone: 91-33-40107050 Fax: 91-33-40107051

Email (Sales): sales.ero@factsoftware.com

Email (Support): support.ero@factsoftware.com

 

Northern Regional Office

FACT Solutions India Pvt Ltd
(Formerly known as Vedika Software Pvt Ltd)

514 Shakuntala Building, 59 Nehru Place

New Delhi 110019
Phone: 91-11-46587050
Fax: 91-11-46587051

Email (Sales): sales.nro@factsoftware.com

Email (Support): support.nro@factsoftware.com

 

Western Regional Office

FACT Solutions India Pvt Ltd
(Formerly known as Vedika Software Pvt Ltd)

C/105-108, Kailash Esplanade

LBS Marg, Ghatkopar (West)

Mumbai 400086
Phone: 91-22-25006490  
Fax: 91-22-25006497 
Email (Sales): sales.wro@factsoftware.com

Email (Support): support.wro@factsoftware.com

 

 

MALAYSIA

FACT System (Malaysia) Sdn Bhd (264708-H)

3 Jalan SS 7/19, 510 Block A, Level 5, Kelana Centre Point

Kelana Jaya 47301 Petaling Jaya, Selangor, Darul Ehsan 

Phone (Sales): 603-78030830
Phone (Support): 603-78048767 
Fax: 603-78031656 
Email (Sales): sales.my@factsoftware.com  
Email (Support): support.my@factsoftware.com

 

 

NEPAL

FACT Nepal Pvt Ltd
Sanepa, Lalitpur
P.O. Box No. 573
Kathmandu, Nepal
Phone (Sales): 977-1-2030260, 5552788
Fax: 977-1-5552790
Email (Sales): sales.np@factsoftware.com 
Email (Support): support.np@factsoftware.com

 

 

SWITZERLAND

FACT Software (Switzerland) SA
16-18 Quai du Seujet
1201 Genève, Suisse
Phone (Sales): 0041-022-884-99-44
Fax: 0041-022-884-99-40
Email (Sales): info@factsoftware.ch

 

 

GHANA

SYDALK Systems Ltd
Top floor Sydalk Plaza, Spintex Road
(HouseMart) PO Box GP 14920
Accra, Ghana
Phone (Sales): 00233-21-814054/055
Fax: 00233-21-814051
Email (Sales): ghana@factsoftware.com

 

 

PHILIPPINES

FACT SOFTWARE Philippines Inc
Unit 1205 One San Miguel Avenue Condo
Cor Shaw Boulevard & San Miguel Avenue
Ortigas Center
Pasig City 1605
Philippines
Phone (Sales): 63-2-6870340
Fax: 63-2-6870348
Email (Sales): sales.ph@factsoftware.com

 

 

PC with Pentium IV or higher processor
Recommended 1 GB RAM
Windows 2000/XP/2003 with latest Service Pack
5 GB free hard disk space
Display Resolution Minimum Color SVGA with 1024 by 768 pixels and Font            Size  as Small Fonts
UPS (Uninterrupted Power Supply)


Multi User Version (File Server)
Server with Pentium IV or higher processor
Recommended 1GB RAM
Windows 2000/XP/2003 server with latest Service Pack, Novell NetWare 3.12     or higher
5 GB free hard disk space
Display Resolution Minimum Color SVGA with 1024 by 768 pixels and Font Size     as Small Fonts
UPS (Uninterrupted Power Supply)


Multi User Version (Nodes)
Server with Pentium IV or higher processor
Minimum 1 GB RAM
Windows 2000/XP/2003 with latest Service Pack
5 GB free hard disk space on each Node
Display Resolution Minimum Color SVGA with 1024 by 768 pixels and Font Size     as Small Fonts
UPS (Uninterrupted Power Supply)
 

 © FACT Software International Pte Ltd