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COBA Finance

WHAT IS THE MAIN FEATURE OF COBA FINANCE SOFTWARE ?

COBA Finance is a custom system, decentralized, safe and integrated. It limits the view of documents to users based on their level in the hierarchy to avoid unnecessary consultations and reduces user access to budgets based on the limitations set by the administrator. The software allows for close monitoring of the procurement process; allows the definition of validation tables and add flexible fields. All auxiliaries communicate in real time with the general ledger, reflecting a precise financial picture daily.

CAN IT PRODUCE MY FINANCIAL STATEMENTS ?

COBA Finance offers an exceptional financial statement generator. This unique concept in COBA offers you the ability to produce financial statements, summary or detailed, on one or many years, quickly and easily.

HOW MAY I ELIMINATE THE TIRESOME TASKS?

The software is responsible for the mass production of documents such as tax forms, receipts for income tax purposes, invoices, receipts. The follow up of suppliers, periodic payments and transfers from one fiscal year to another can also be assigned to the system.

CAN COBA USE MY STATEMENT OF ACCOUNT AND INVOICE FORMS?

COBA integrates all your forms in its software. No form is imposed on users. COBA’s professionals can design forms to your specifications and integrate them in the software. No need to order new forms, to keep stocks, to feed your printer with the right paper.

WHAT ABOUT GOVERNMENT STANDARDS ?

The software is designed to meet government standards. The annual financial reports are prepared in accordance with the Accounting registration plan (PEC) of the Ministry of Education of Quebec and can be adapted to any other model in force.

CAN THE SOFTWARE MANAGE ACCOUNTS RECEIVABLE FOR THE RECONSTITUTED FAMILIES?

The software manages all types of customers. The system offers the possibility of involving the same student to multiple clients or more students to the same customer and charge a percentage to each parent separately.

DOES THE SOFTWARE MANAGE BUDGET AVAILABILITY DURING WHEN ORDERING ?

The software can monitor the available budget, as the impact of expenses can be measured in accounting terms before it is applied. According to security, it can block or advise if the budget limit is reached.

DOES THE SOFTWARE AUTOMATE BANKING TRANSMISSIONS?

The software is designed to transmit the files in the appropriate format of the financial institution of your choice. Using the software for bank transmissions such as writing checks, pre-authorized withdrawals and reconciliations is saving time and valuable resources.

HOW DOES COBA FINANCE DIFFERENTIATE ITSELF FROM ITS COMPETITORS ?

COBA Finance offers an exceptional amount of features that you can choose to use or not. Unlike competing software, it will adapt to the development of your institution.