With the demand to be more professional, we decided to make computerized internal book-keeping. In short, we decided to use Zahir Accounting System. Here, we would like to share our experiences in using Zahir.


Before using Zahir :

Accounting Process

• Hired Financial Consultant: depended on the consultant and less internal capability, paid the fixed rate fee without recognizing the business development needs

• Used spreadsheet software would be difficult to audit the existing financial statement.

Operational Activities:

• Business activity record by using cash in – out method, and the actual business condition was unclear

• Cash flow monitoring was not easy

• COGS could be checked by the end of period


Financial Statement

• Limited to consolidated financial statement

• Without drill down capability, only static report


After using Zahir :

Accounting Process

• Use of Zahir: to be independent and build the internal capability, started with the economic version and then upgraded to meet the needs

• Using Zahir as special accounting software, easy record, report, and audit


Operational

• Business activity record using accrual method which provides actual business description

• Accurate cash flow

• COGS calculation regarding the business development


Financial Statement

• Made for each project to make easy business analysis

• Each account in the reports has link to each transaction detail


Based on our experience, we are satisfied with Zahir.
We always support Zahir Team to keep on developing the system.


Warm Regards,



H Christian
Operational Director


Zahir Edition used: Zahir FlexyTrade for 3 users