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By Lakeview

Current Version: LM4 
Product Description  


Lakeview accounting software provides tools to seamlessly manage all aspects of the company accounts. Our LM4 accounting software solution integrates all ledgers and transactions entered on related ledgers update each other instantly.

Control and management of all of your back office operations with our accounting software is seamless and efficient. You can update your chart of accounts in our software as often as required, create management and accounting reports quickly and easily, and consolidate the accounts from multiple companies into a group reporting structure all within the same software.

Lakeview LM4 accounting software provides a complete audit trail and supports labour-saving techniques such as the reversing & repeating journals, quick cash-book entry and automatic cost of sale postings. LM4 software can help you produce your accounts in record time and provides an up-to-the-minute picture of your entire business from within a single accounting package.

Within Lakeview LM4 you can tailor your chart of accounts to each department or to down to the individual operative. The accounting software thereby facilitates profitability analysis down to the level of detail you require – however far you want to go. And LM4 captures all relevant costs due to its automatic cost of sale or service postings – so with our accounting software true profitability can easily be analysed.

As well as analysing revenue and profit, it is essential to attribute any costs of providing warranties to their source. By storing all this information Lakeview accounting software provides management with thorough metrics regarding the service department, thereby identifying areas providing the highest profits, or where cost-savings should be sought.

Accounts Payable / Receivable
Cash management and controlling your purchase ledger are key areas for any accounting software. It is vital that your accounting software provides all accounts details to hand to swiftly resolve queries and to ensure prompt payment. With this in mind Lakeview’s accounting software solution, LM4, is designed to maximise ease of use and to streamline day to day processes.

Each customer account in the Lakeview accounting system can store detailed information relating to that account including delivery addresses of depots and drop points, remittance &statement addresses as well as regional invoicing centres so that each account will generate the correct documentation and deliver it to the correct address automatically.

Purchase invoices can be matched against goods received notes as goods are booked into stock enabling discrepancies to be quickly identified and resolved.

Lakeview accounting software can automatically suggest cheque prints and BACS payments based upon account settings and accounts can be filtered by their currency, payment type, priority or other factors. Suggestions can then be amended on-screen or filtered out for manual attention, before remittance advices are generated for fax, email or print. LM4 accounting software can then output the payment file to avoid mistakes re-keying data.

Sales Invoicing & Credit Control
The invoicing and credit control elements of Lakeview’s accounting software are designed with efficiency in mind, giving users all the relevant information at the touch of a button. Lakeview accounting software can be configured to invoice according to your company’s processes – quote to order, pick to despatch & post-invoice, or for a cash sale over the trade counter. Consolidated invoices can be easily created for multiple orders

Contract & Job Costing
Cost control is essential element of running a successful business and this means ensuring all costs involved in a job or project are accounted for. In Lakeview accounting software unique system numbers and user-definable references can be attributed to jobs enabling jobs to be identified and tracked. Users of Lakeview’s LM4 accounting software can create user-defined calculations based on budgets, estimated or actual sales and purchases, labour values assigned to the job or stock adjustments. All calculations are available in the accounting software’s job screen for quick reference and also to add to reports for detailed analysis.

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Note: The vendor profile above for (Lakeview
) is not written by Accounting Software 411. Information is provided and maintained by the vendor Lakeview and/or by third party sources. Accounting Software 411 confirms basic company data prior to posting a profile. The above information is not a review or endorsement by Accounting Software 411 of the product.

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