Name: GenieBooks
Author: Seshaasai Business

Help Desk

Web and Video Conferencing

Customer Support

Augmented Reality Development

Development

School Management

Education

Board Management

Business Intelligence (BI)

Collaboration

Digital Rights Management (DRM)

Risk Management

Enterprise

Accounting

Accounts Receivable

Budgeting and Forecasting

Subscription Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Build Automation

Cloud Storage

Data Fabric

Email Verification

Firewall Security Management

Fraud Detection

IP Address Management (IPAM)

Infrastructure Capacity Planning

Integration Platform as a Service (iPaaS)

IoT Security

Network Performance Monitoring

Network Simulation

Network Traffic Analysis (NTA)

Output Management

Platform-as-a-Service (PaaS)

SOA Application Gateways

Software Components

Software-Defined WAN

Web Content Filtering

Web Portal

Information Technology

A/B Testing

AI Image Generation

Ad Serving & Retargeting

All-in-One Marketing

Audio Editing

Blogging

Content Management

Email Marketing

Gamification

Local Marketing

Marketing Automation

Mobile Analytics

Product Sampling

Search Engine Marketing (SEM)

Social Media Management

Survey & Forms Building

Video

Video Editing

Web Analytics

Website Builder

Marketing

Job Site Management

Project Management

Waste Management

Writing and Proofreading Tools

Professional Services

Customer Relationship Management (CRM)

Social Commerce

Sales

Security Orchestration, Automation and Response (SOAR)

Security

Architecture

Last Mile Delivery

Legal Case Management

Nonprofit CRM

Physical Therapy

Roofing

Vertical-Specific

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GenieBooks, developed by Dandelion Technologies Pvt. Ltd., is an integrated platform designed to simplify and automate financial planning, accounting, and operations for small and medium-sized businesses. According to the vendor, GenieBooks caters to finance managers, directors, owners, accounting professionals, and small business owners across various industries.

## Key Features

**Record**: According to the vendor, GenieBooks provides a single platform to record all business transactions, simplifying the process of financial planning, requisitions, delivery, payables, and receivables. The platform's automation engine is designed to handle transactions of any size and complexity.

**Track**: GenieBooks allows businesses to track every single business transaction in real-time, offering high visibility and transparency. The platform enables transaction tracking, inventory tracking, ledger tracking, and payment and accounts receivable tracking. Managers can monitor key performance indicators (KPIs) and receive alerts and notifications for important transactions.

**Reporting & Analytics**: GenieBooks offers reporting capabilities that provide insights into financial transactions and business operations. Users can access enterprise dashboards, analytical dashboards, invoice and voucher reports, registers, HR payroll reports, and financial reports. The vendor claims that these reports offer actionable insights for data-driven decision-making.

**User-Centric Platform**: GenieBooks is designed with the user in mind, offering a simplified and intuitive user experience. The platform features dashboards that provide a quick snapshot of business parameters and allow for deep-dives into detailed insights. GenieBooks ensures data security and privacy through user and role-based access. It also supports cross-channel accessibility for convenience and flexibility.

**Automation of Business Operations**: According to the vendor, GenieBooks helps automate repetitive and tedious tasks in accounting and operations, improving efficiency and minimizing errors. The platform offers automation features such as data migration, direct GST filing, procure-to-pay, quote-to-cash, connected banking, and auto salary verification. The vendor claims that these features help businesses save time and effort.

**Custom Accounting Entries**: GenieBooks allows users to create custom accounting entries, enabling them to record and manage various types of transactions easily. The vendor states that this feature enhances flexibility and adaptability to specific business needs.

**Real-Time Transaction Visibility**: GenieBooks enables businesses to track transactions in real-time, ensuring up-to-date information on payables, receivables, and inventory. The vendor claims that this visibility helps businesses make informed decisions and respond quickly to changing market dynamics.

**Efficient Fixed Asset Management**: GenieBooks simplifies fixed asset management by providing a comprehensive system to track and manage assets. Users can easily record asset details, track depreciation, and generate reports, ensuring accurate financial reporting and compliance.

**HR and Payroll Recording**: The platform includes features for HR and payroll recording, streamlining the process and ensuring accurate and timely salary calculations. Users can easily record employee details, track attendance, manage leaves, and generate payroll reports, according to the vendor.

**Connected Banking**: GenieBooks offers seamless integration with banking systems, enabling businesses to reconcile bank transactions and automate bank feeds. The vendor claims that this feature simplifies the reconciliation process, reduces manual effort, and ensures accurate financial records.

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1 in 3 accounting software users find it difficult to choose the right tool. Find the best solution for you.

The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

Seshaasai Business

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.

Standard reports

The software offers pre-built reports with metrics standard to the category.

Custom reports

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

API for custom integration

An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

GenieBooks

Overview

What is GenieBooks?