Add-on Products

Banking Overview

Omni Accounts offers a full-featured Banking Module which is fully integrated with the Nominal (General) Ledger, Customers, Suppliers, Foreign Currency, Point of Sale and Job Costing Modules.

The Banking Module enables you to set up one bank account for every bank account the company operates.  These can include cheque accounts, current accounts, credit card accounts as well as Point of Sale Clearing Accounts.  All payments and deposits are captured through the various banking functions, which can then be reconciled against the bank statement provided by your banking institution to ensure accuracy.  A specialised Bank Reconciliation function is provided for this task.

Each account has a corresponding Nominal Ledger Account.  This means that as each transaction (Receipt or Payment) is entered into the Banking Module, it will be automatically posted to the linked (corresponding) Nominal Ledger Account.  The relevant customer or supplier account is also automatically updated, as are the relevant VAT records as well.

Omni Accounts offers 3 Bank Accounts as standard on the Omni Essential Bundle and unlimited Bank Accounts on the Omni Trader Bundle and above.

The Omni Accounts Banking Module is protected by advanced user-permissions determined by the administrator of the system.

Process and Reconcile

Banking Processing

Omni Accounts Banking Module offers the ability to process payments and receipts via either Standard (Dynamic) or Batch Processing.  Standard (Dynamic) Processing updates all records on a live basis and can be enhanced with Quick Mode – a faster processing mode which makes use of predictive text and the pre-filling of cells such as those relating to date, transaction type, the bank account to which or from which a payment is being received/paid.  It will also automatically increment the transaction reference number.

In addition, Omni Accounts will also pre-fill the destination accounts, using the payee/recipient history details.

In the event that a payment has been made which should have been a receipt, Omni Accounts offers you the ability to copy and reverse the transaction in question.  By copying the error and then reversing the transaction, Omni Accounts both corrects the error, but also maintains an accurate audit trail of what happened in the account.

In the event that you have a clerk process your payments/receipts and you would like the opportunity to review the transactions before they are processed, Omni Accounts offers you the ability to save the transactions into a batch before processing them and committing the to the database.

Should a payment or receipt need to be split, either to various recipient accounts (a payment to SARS for UIF, SDL, PAYE), or in the case of a deposit, a cash deposit from multiple customers; Omni Accounts banking module provides you with an incredible easy to use Split Banking Transaction Tool which makes light work of these often detailed transactions.

Should you require a printed payment/receipt document after a banking transaction has been processed, Omni Accounts Banking Module offers you the ability to print such a document which can be printed or emailed and sent to the designated contact.

Bank Reconciliations

Omni Accounts Banking Module offers you the ability to reconcile the transactions in your Omni Bank Accounts with those on your physical bank statements.  This has the effect of checking that what you have entered into your bank account against what the bank has physically processed.  You will then be able to draw all the Bank Reconciliation-related reports after completing a Bank Reconciliation.

In the event that you import your bank statement via CSV file, you may elect to run an automatic bank reconciliation which will automatically mark all un-reconciled transactions as reconciled.

In the case of you having made an error in the bank reconciliation, you simply go back to the reconciliation screen and uncheck the amount reconciled in error.

Bank Reconciliations as well as a number of additional banking reports can be produced by Omni Accounts including Banking Audit Trails; Bank Transactions Listings; Unprocessed banking Transactions Due (in the case of batch processing); Banking Transaction Analysis; Recurring Banking Transactions and Bank Reconciliation Analysis.

Review the Switches

Omni Modules

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  • Multiple Users

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    Multiple Users
    1 switch


    Omni Accounts is shipped inclusive of a single user. Should you require the ability to have more than one user accessing Omni Accounts at any one time, you will need to purchase Additional Users.
  • Banking

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    Banking
    9 switches


    Omni's Banking Module is fully integrated with the Nominal (General) Ledger, Customers, Suppliers and optionally supports Foreign Currency Bank accounts.
  • Customers

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    Customers
    52 switches


    Omni Accounts provides for the capturing of customer-relevant data within the Customer Master File, situated within the Debtor Module...
  • General

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    General
    21 switches


    In addition to boasting a number of incredibly powerful, specialised features, Omni Accounts boasts more generally expected features such as a fully customisable...
  • Job Costing

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    Job Costing
    4 switches


    Omni Accounts Job Costing Module allows you to create Jobs and post costs from Supplier Documents, Stock Issues, Banking and Nominal Ledger. Jobs can be invoiced based on what was quoted...
  • Nominal Ledger

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    Nominal Ledger
    10 switches


    All Omni Accounts Products include a full Nominal Ledger. This can be used as a standalone function or run concurrently with your Customer, Supplier and Banking Modules...
  • Stock Control

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    Stock Control
    31 switches


    Omni accounts Inventory Control Module allows you to capture stock items, their descriptions and their selling prices. It will allow you to track levels and can be linked...
  • Suppliers

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    Suppliers
    36 switches


    Omni Accounts provides for the capturing of supplier-relevant data within the Supplier Master Files, situated within the Creditor Module of Omni Accounts. Within the Creditor Module...

What our clients have to say...

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  • In Omni accounting we have found an easy to use system with a comprehensive stock module which suits our demanding needs. And For ease of use, versatility, support and value for money, you will not find a better accounting package.

    Zane ValiVali's Auto Electric (Pvt) Ltd
  • When I retired I needed a product to record my home and personal expenses to live within my budget. I needed something more versatile and easy to use to what I was using at the time. Having already experienced the likes of 4 different top accounting packages on the market Omni is definitely my first choice.

    Andries S Janse van Vuuren Lyttelton
  • Omni Accounts is one well-made South African product. Succinct, yet so comprehensive. The software itself answers some of the somewhat confusing questions I posed in class in Johannesburg.

    Tsimi Thulo MBT Accounting Services (Bloemfontein)
  • I wish to take this opportunity of informing the manager/supervisor of the excellent service I received. If assistance is going to be the way of my experience, then I have made up my mind to be purchasing this package.

    Tata Guys Supplier of high quality truck parts (Capetown)
  • You know I don't just like the Omni Accounting Software, I like everything about you guys. All of you need to get accolades. From Reception, Support right through to Accounts! Quick and real professional service. I wish that all suppliers could have been like you guys.

    J.P. Marais GC-Tech
  • I just have to mention what a pleasure it is to work with all of you at Omni.  I have been in the industry for a long time and even when we were the sole distributors for NewAge in KZN, we did not have this kind of relationship with the principals.

    Leon Pelser MBA Business Systems
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    Graham Strydom M Strydom & Company
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    Grace Catao Elhanja Investments (Pty) Ltd
  • You guys are a credit to the industry.

    Alan TurnerWight Light Marketing Ltd (UK)
  • WOW !!!!! Omni Accounting package what a pleasure to use this package not only is it easy to use but the support team actually supports. I have no accounting knowledge, and I have wasted money on purchasing other packages, yet with Omni Accounts it was 1 - install 2 - activate 3 - setup your company to your own preference and 4 - there you go!

    Cheryl VosDice Pizza Krugersdorp
  • I had no previous experience in working with an accounting package but found Omni very easy to use. And It is so uplifting to see that there are still businesses that do care about their clients.

    Alex WaltersLexwal Management Services
  • In Omni accounting we have found an easy to use system with a comprehensive stock module which suits our demanding needs. And For ease of use, versatility, support and value for money, you will not find a better accounting package.

    Zane ValiVali's Auto Electric (Pvt) Ltd
  • When I retired I needed a product to record my home and personal expenses to live within my budget. I needed something more versatile and easy to use to what I was using at the time. Having already experienced the likes of 4 different top accounting packages on the market Omni is definitely my first choice.

    Andries S Janse van Vuuren Lyttelton

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