Foison Technology Solution Pvt. Ltd. offers IT solutions and services including IT outsourcing, project management, and an accounting management system called FAMS. FAMS is an ERP software that handles accounting, transactions, reports, and security features to help companies manage their finances. It follows Indian accounting standards and includes modules for transactions, reports, user roles, and backups.
2. http://www.foisonerp.com
Foison Overview
Foison Technology Solution Pvt. Ltd. offers a comprehensive array of IT
Solutions and Services for a medium or a large company both in the private
and the public sectors.
For developing an overall IT Strategy for business, companies can utilize
our knowledge and experience by using our IT Outsourcing and Project
Management services which would help them with short and long term
projects.
3. http://www.foisonerp.com
FAMS Represents “Foison Accounting Management System”. For the reason
that brand specifies it’s an information technology Computer software which
offers an individual all of the features linked to the records for a passing fancy
podium.
Accounting, is the procedure for discovering, computing in addition to
interacting your monetary information associated with an organization to
help it's customers with the right selection. This system identifies
transactions and events of a specific entity. A transaction is an exchange in
which each participant receives or sacrifices value.
FAMS Overview
4. Key Features
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Flexible GUI (Graphics User Interface)
Follow Indian Information technology Criteria
Online Database Facility
Sign in Service
Pre-fill Facility (MCA)
Main Company Groups
Budget Scenario
Consolidated Balance Sheet
Sale Invoice Report
5. Key Features
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Set Company According to Employee.
Email Facility.
Import from ERP
Database Backup Facility.
Unique variations of Reviews
Five layer Security in Software
Browser Security Exist
6. http://www.foisonerp.com
FAMS Standards
FAMS is designed to transform financial and other data into information.
FAMS follows the Accounting Standards. These are a set of accounting
standards notified by the Ministry of Corporate Affairs which are converged
with Financial Reporting Standards. These accounting standards are
formulated by Accounting Standards Board of Institute of Chartered
Accountants of India.
8. Primary
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Bank Master
Currency
Rate of Exchange
Cost Centre
Cost Categories
Group
Ledger
Budget Creation
This is the main menu of the system. Here user can create Ledger, Budget, Bank
master, Currency, Rate of Exchange for company.
9. http://www.foisonerp.com
Transactions
Payment
Receipt
Purchase
Sale
Journal
Contra
Credit Note
Debit Note
In transaction menu, user can keep records of Payment, Purchase, Sale Journal,
Credit Note, Debit Note and Generate Receipts.
11. Reports
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Day Book
Trial Balance Sheet
Balance Sheet
Income Expenditure
ConsolidatedBalance Sheet
Ledger Opening Closing
Cheque Details
Daybook Document Wise
Sale Invoice
Form 16A
In this menu the User can import Data from ERP and also keep records of bank
reconciliation.
12. User Role
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User Creation
Menu Assign
Assign Company
In user Role, User (Admin) can create another user for FAMS with privileges
according to need. User(Admin) can create user, assign menu to user and also
assign company to that user.
14. New Features
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CIN No.
Automatic Prefill through CIN NO. According Registered company
in MINISTRY OF CORPORATES AFFAIRS
Five layer Security in Software
Browser Security Exist
15. Comparison of FAMS & others
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S.NO FEATURES FAMS Other ERP
1 Data Freezing Exists Available
2 Pop-up Calculator Exists Inteligent Calculator
3 Notes / Task Manager Exists NA
4 User-definable Access Rights Exists NA
5 User-definable Warning Alarms Exists NA
6 Account / Item Labels Printing Exists Available
7 Merging of Accounts / Items Exists Available
8 Synchronization of Masters Exists Available
9 Data Export / Import (XML / MS-Excel) Exists Open Item
10 Reports Export (Plain File / HTML / PDF / MS-Excel) Exists Open Item
11 Bills Reference Adjustment Wizard Exists Unknown
12 Batch Deletion of Masters & Vouchers Exists Available
13 Voucher Replication Exists Available
14 Direct SMS of Print Reports Exists NA
15 Direct E-Mail of Reports (Print / Screen) Exists NA
16 Year-wise Data Backup and Restore Exists NA
17 FTP Backup and Restore Exists Available
16. Extra Features to be Included
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A notification is sent to the client through Email/SMS if any
person uses his/her login details.
Information exchange through Smart Phone & Quick view and
reports
Synchronization of mobile piece with Online FAMS much the same
as iClouds.