Ciwac - Connected Accounting

Ciwac is a cloud-based Accounting and bookkeeping platform that digitizes the accounting workflows of micro and small businesses. By connecting in real-time, businesses can instantaneously reconcile their ledgers, collaborate on new orders, and share professional business documents on the go. Moreover, Ciwac provides a complete accounting and bookkeeping suite to manage daily operations. The platform is specifically designed for users with little or no understanding of accounting.

One of the biggest pain points in accounting is that sellers’ and buyers’ ledgers hardly reconcile over a period. For most small businesses, recording an entry entails writing a single line in a spreadsheet. Such transactions do not add the relevant required information. With Ciwac, users can enter a transaction with multimedia attachments (files, images, invoices, purchase orders, voice recordings, etc.).

Using Ciwac, a user can create a transaction and share it with their business partners in real-time; who can then verify, edit, or delete that transaction. This process ensures that the business partner is notified immediately and that they have the same outstanding balance. The dynamic and interactive ledgers also allow the users to:
• Send Payment Reminder
• Set a Limit on Accounts Receivable
• Provide or Revoke Access to a team member
• Download the data in PDF or Excel

C-Plus

With C-Plus, a user-friendly Accounting and Bookkeeping Suite, managing business finances has never been easier. Businesses can always stay on top of their Sales, Purchases, Expenses, Cash, and Bank. This power-packed section is integrated with other platform sections, such as Ledger, Market, Inventory, Invoice Book, and Salary Book.

Invoice Book:

Businesses can generate Invoices, Purchase Orders, Quotations, Requests for Quotation, Sales Returns, Purchase Returns, and Delivery Notes. They can insert electronic signatures and stamps on these documents.

Marketplace:

Ciwac introduces the world’s first marketplace that is directly connected with business accounts. It acts as an automated Order Book, that brings transparency to their orders. A Ciwac business can use this section to showcase their products and services to their business partners in real-time. After an order, both businesses can collaborate in real-time and generate contract-specific documents. Businesses can also automatically update their inventory levels.

Inventory Management:
Ciwac introduces the world’s first inventory management system that gives precise information. Instead of relying on inventory estimates, a business on Ciwac assigns a unique reference number to each stock lot of its products. After selecting the appropriate reference number for stock in and stock out, businesses can get precise information about their stock lots and products.

Salary Book:
Ciwac introduces the world’s first employee management system that is directly linked with business accounts. A business on Ciwac can:
• Record all Employee Information
• Handle Employees with varying compensation structures such as Fixed Salary, Part-Time work, piece rate, and Commission.
• Mark their attendance and record their daily logs such as hours worked, pieces completed, or sales made.
• Generate their Pay Slips and Performance Sheets.

Businesses on Ciwac get a real-time comprehensive overview of their entire business.

Ciwac is an accounting platform that puts your business first. It does this by prioritizing the safety of your data. Ciwac allows businesses to:
• Create multiple user accounts for team collaboration.
• Manage team members permissions for each module through Admin Controls.
• Transfer Inactive accounts to a new team member with all the existing data.
• Create a backup by downloading all Ciwac data
• Deleting their account and data permanently.

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