Cid Systems, a 12-year old Web Services provider launched last August 20 the first Filipino designed and first online Accounting System – Oojeema. It is a smart, simple and affordable cloud-based service for Financial management, inventory tracking, and Philippine tax computation, created for Filipino entepreneurs, especialoly to Micro-small-Medium-Enterprises (MSMEs).
Oojeema is homegrwown by Cid Systems and it meets the needs of companies who don’t have the budget to purchase known accounting softwares in the market. Since it’s a 100% Philippine software, you are guaranteed that all the financial forms and compliance to tax codes and regulations such as BIR, Bureau of Customs with drafted forms such as Income Tax, Sales Tax, Witholding Tax, and Value Added Tax. Since it is online, your contracted accountant can generate reports while a clerk is entering items and you veerifying cash flow and inventory at different locations simultaneously.
Small businesses and franchises can easily use this software since there are 2 versions, the free versions which has a limitaion of 5 transactions per month and the subscribed monthly of P800 which entitles the company to multi-user and unlimited transactions. It is also hosted in the cloud system of Cid Systems where it complies to level 1 pentest and has all the security components to make sure your data is safe and can’t be compromised.
What are the features and benefits of using Oojeema?
Create and send invoices, apply payments to multiple invoices and import/export bulk sales transactions
Add inventory item on the fly for a more efficient invoicing process, easily assign specific account codes to inventory items for detailed Profit and Loss reporting
Generate Profit and Loss statements anytime, keep track of inventory by cross-matching, inventory sales and purchases, monitor aging opf all transactions to have a better handling of your cash flow, generate government reports and forms such as 1601E, 2550M/Q, 2551M and 2307.
Record all purchases in the system to keep track of all your expenditures, apply payment across different billings from the same vendor and import/export bulk purchase transactions
Upload your electronic bank statements and Oojeema will automatically reconcile your balance
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Sign up for Oojeema via www.oojeema.com and it works on a browser and even on tablet and mobile phones.