A Flexible Chart of Accounts Suited to Your Business
Medad provides a standard and flexible chart of accounts that can be customized and expanded according to your facility's needs, with easy search and access from various parts of the system.
Flexible Tree Structure
Customize the account directory and add accounts according to business requirements.
Standard Chart
Start with an organized chart of accounts structured according to the nature of your activity.
Multiple Levels
Create multiple tiers within the chart of accounts to organize main and sub-accounts.
Quick Search
Access the required account quickly and effortlessly.
Precise Cost Tracking and Accounting Results
Medad supports main and sub-cost centers alongside multiple options for viewing trial balances, generating accounting reports, and saving them for future reference.
Clear Control Over Entries, Permissions, and Closing
Medad provides tools to review entries, secure accounts, and organize monthly and annual closing operations according to user permissions.
Accounting Entries
- Execute entries directly based on user permissions
- Approve entries by an authorized user
- Edit approved entries when appropriate permissions are available
Account Permissions
- Restrict certain accounts from unauthorized users
- Control which users are permitted to view an account
- Track access to sensitive financial data and accounts
Monthly Closing
- Prevent adding or modifying transactions in previous months
- Allow closing only for users with the proper authorization
Flexible Annual Closing
- Work in the new fiscal year before finalizing the previous year's closing
- Carry over opening account balances from the previous year
- Option to update balances after closing whenever needed
Document Attachments
Attach document images to receipt and payment vouchers and refer back to them when needed.
Search and Access
Access required accounts and vouchers quickly through multiple search options.