Enterprise Accounting Platform
Comprehensive Cloud-Based Business Management Platform (Interconnected Economies)

Executive Summary

Prime Persist is a comprehensive cloud-based accounting and business management platform designed for Indian SMEs and MSMEs. This version focuses on robust accounting fundamentals, rule-based automation, and proven business processes without artificial intelligence or machine learning components.

Built on time-tested double-entry bookkeeping principles, SmartSME Pro delivers enterprise-grade capabilities while maintaining simplicity, transparency, and reliability. The platform proves that sophisticated business management doesn't require artificial intelligence, just intelligent design and deep domain expertise.

Generated on July 1, 2025

188
Total Features
15
Major Modules
100%
Indian Compliance
200+
Standard Reports

Table of Contents

A. Core Accounting Foundation
Professional Double-Entry System

Professional Accounting Engine

Built on time-tested double-entry bookkeeping principles with ACID-compliant transactions and automatic balance validation.

1
Double-Entry Bookkeeping System
Professional double-entry system with automatic balance validation and journal entry templates. ACID-compliant transactions ensure accounting accuracy.
ACID Compliant Auto Balance Templates
2
Multi-Company & Branch Management
Manage multiple companies, branches, and cost centers with inter-company transaction handling and consolidated reporting.
Multi-Entity Consolidation Inter-company
3
Chart of Accounts Management
Industry-specific pre-configured charts with customization options for Manufacturing, Trading, Services, E-commerce, Healthcare sectors.
Industry Templates Customizable Hierarchical
4
Multi-Currency Operations
Handle multiple currencies with manual/automated forex rate updates, currency conversion, and forex gain/loss tracking.
Multi-Currency RBI Rates Auto Conversion
5
Period Management & Closing
Systematic period-end closing with checklist, validation rules, pre-closing validations, and rollback capability.
Period Lock Validation Rollback
6
Financial Dashboards
Pre-built dashboards with key financial metrics, cash position, receivables aging, and drill-down capabilities.
Real-time Drill-down Customizable
7
Cash Flow Management
Cash flow tracking with projection based on payment terms, daily cash position, and payment calendar management.
Forecasting Payment Calendar Liquidity Analysis
8
Profitability Analysis
Multi-dimensional profitability reporting by customer, product, location, project, department with contribution margin analysis.
Multi-dimensional Contribution Margin Variance Analysis
9
Financial Health Indicators
Standard financial ratios and health metrics with trend analysis, liquidity ratios, and industry benchmarking.
Ratio Analysis Benchmarking Trend Analysis
10
Statutory Financial Statements
Generate financial statements in multiple formats - Schedule III, Indian GAAP, Ind AS with Balance Sheet, P&L, Cash Flow statements.
Schedule III Indian GAAP Ind AS
Balance Validation
Multi-Company
Financial Analysis
Multi-Currency
Period Management
Dashboards
B. Process Automation
Rule-Based Automation & Business Rules Engine
Automation Coverage 85%
Process Efficiency 92%
Error Reduction 78%
11
Invoice Processing Automation
Template-based invoice processing with validation rules, automatic numbering, tax calculations, and approval workflows.
Templates Auto Numbering Tax Calc
12
Bank Reconciliation System
Semi-automated reconciliation with rule-based matching, bank statement import in multiple formats including MT940.
Auto Matching MT940 Support Rules Engine
13
Expense Management
Structured expense reporting with approval workflows, policy enforcement, receipt attachment, and mileage calculation.
Policy Rules Receipt Capture Mileage Calc
14
Payment Processing
Batch payment processing with approval workflows, vendor prioritization, and bank file generation in multiple formats.
Batch Processing Maker-Checker Bank Files
15
Data Import/Export Tools
Comprehensive data import/export with mapping, validation, and support for Excel, CSV, XML, and other accounting software formats.
Multiple Formats Data Mapping Validation
16
Automated Journal Entries
Recurring and rule-based journal entries with scheduling for monthly accruals, depreciation, amortization, and provisions.
Recurring Scheduling Accruals
17
Allocation Rules
Cost and revenue allocation based on predefined rules with direct, step-down, reciprocal, and activity-based methods.
Cost Allocation Activity-Based Multiple Methods
18
Approval Workflows
Configurable approval workflows with role-based routing, sequential/parallel approvals, delegation, and escalation.
Configurable Role-Based Escalation
19
Notification System
Event-based notifications and alerts via email, SMS, in-app notifications, and dashboard alerts with customizable triggers.
Multi-Channel Event-Based Customizable
20
Document Management
Structured document storage with categorization, metadata tags, version control, and access control with cloud sync.
Version Control Access Control Cloud Sync
C. Compliance Management
Complete Indian Tax & Regulatory Compliance

🇮🇳 100% Indian Compliance Ready

Complete GST, Income Tax, and regulatory compliance built-in with automatic updates for law changes and seamless government portal integration.

GST Compliance Suite

21
GST Return Preparation
Systematic preparation of all GST returns - GSTR-1, GSTR-3B, GSTR-9, GSTR-9C with built-in validation and reconciliation worksheets.
All GSTR Forms Auto Validation Reconciliation
22
E-invoicing Compliance
Complete e-invoice generation with schema validation, IRN management, JSON generation, and QR code generation.
Schema Validation IRN Management QR Codes
23
E-way Bill Management
E-way bill generation with distance calculation, Part A/B generation, consolidation, extension, and vehicle updates.
Distance Calc Consolidation Vehicle Updates
24
GST Reconciliation
Purchase register reconciliation with GSTR-2A/2B data, automatic matching, exception handling, and credit tracking.
2A/2B Matching Exception Handling Credit Tracking
25
ITC Management
Input Tax Credit tracking with reversal rules, blocked credit management, credit notes handling, and year-end adjustments.
Credit Register Reversal Rules Year-end Adj

Income Tax Compliance Suite

26
TDS Compliance System
Complete TDS management from deduction to return filing with rate master, threshold tracking, and certificate generation.
Rate Master Threshold Track Certificates
27
Section 194Q - TDS on Purchase
Handle TDS on purchase of goods exceeding Rs. 50 lakhs with buyer identification, automatic 0.1% calculation, and compliance tracking.
₹50L Threshold 0.1% TDS Auto Calc
28
Section 206C(1H) - TCS on Sale
Manage TCS on sale of goods with turnover tracking, seller registration verification, and automatic TCS calculation at 0.1%.
Turnover Track ₹10Cr Limit 0.1% TCS
29
Section 194O - E-commerce TDS
TDS compliance for e-commerce operators with participant tracking, gross amount calculation, and 1% TDS deduction.
E-commerce 1% TDS Participant Track
30
Section 206AB/206CCA - Higher Rates
Apply higher TDS/TCS rates for non-filers with PAN validation, return filing status check, and automatic rate application.
Non-filer Check Higher Rates PAN Validation
31
Tax Provision Calculation
Income tax provision calculation with book profit adjustments, MAT calculation, deferred tax, and advance tax planning.
Book Adj MAT Calc Deferred Tax
32
Tax Audit Schedules
Preparation of tax audit schedules and Form 3CD reports with working notes, ratio calculations, and disclosure tracking.
Form 3CD Working Notes Ratios
33
Advance Tax Management
Advance tax liability estimation with income projection, instalment calculation, challan generation, and interest computation.
Income Projection Challan Gen Interest Calc
34
Tax Planning Tools
Scenario analysis for tax optimization with depreciation options, expense timing analysis, and structure comparison tools.
Scenario Analysis Optimization Structure Compare

Regulatory Compliance Suite

35
Company Law Compliance
Complete company law requirements tracking with board meetings, AGM, statutory filings, and director change management.
Board Meetings AGM ROC Filings
36
Labour Law Management
Multi-state labour law compliance with PF, ESI, PT, LWF, gratuity calculations, and statutory return preparation.
Multi-state PF/ESI Auto Returns
37
Industry Regulations
Industry-specific compliance for FSSAI, Drug License, Pollution Control, Import/Export licenses with renewal tracking.
FSSAI Drug License Import/Export
38
Compliance Calendar
Comprehensive compliance calendar with due date tracking, task assignment, completion monitoring, and escalation alerts.
Due Dates Task Assignment Escalation
39
Audit Trail & Documentation
Complete audit trail for all transactions with user tracking, timestamp logging, and comprehensive change documentation.
Complete Trail User Tracking Change Log

Compliance Coverage Statistics

GST Compliance 100%
Income Tax Compliance 95%
Labour Law Coverage 90%
Company Law Compliance 88%
D. Business Operations
Complete Sales, Purchase & Operations Management

Sales & Receivables Management

40
Customer Management
Comprehensive customer master with credit management, multiple addresses, contact persons, and payment terms.
Credit Limits Multiple Addresses Price Lists
41
Quotation & Order Management
Complete sales cycle from quotation to order to invoice with product catalog and pricing rules.
Product Catalog Pricing Rules Order Conversion
42
Invoicing System
Flexible invoicing with multiple formats - tax invoice, bill of supply, export invoice, SEZ invoice.
Multiple Formats Export Invoice Bulk Processing
43
Collection Management
Systematic receivables management with aging analysis, collection targets, and payment tracking.
Aging Analysis Collection Targets Payment Reminders
44
Sales Analytics
Comprehensive sales analysis by customer, product, region, salesperson with trend analysis.
Multi-dimensional Trend Analysis Performance Metrics
45
Lead Management
Capture and track sales leads through conversion funnel with scoring and follow-up management.
Lead Scoring Follow-up Multi-source
46
Opportunity Tracking
Monitor sales opportunities from qualification to closure with pipeline management.
Pipeline View Win/Loss Analysis Forecasting
47
Sales Pipeline Management
Visual sales pipeline with drag-drop management and conversion tracking.
Visual Pipeline Drag-drop Conversion Ratios
48
Sales Target Tracking
Set and monitor sales targets at multiple levels with achievement tracking.
Multi-level Targets Achievement % Leaderboards
49
Customer Communication Log
Centralized log of all customer interactions across multiple channels.
Multi-channel Timeline View Auto Capture

Purchase & Payables Management

50
Vendor Management
Complete vendor master with performance tracking, compliance documents, and evaluation metrics.
Performance Track Compliance Docs Quality Ratings
51
Purchase Cycle Management
End-to-end purchase management from requisition to receipt with approval controls.
Full Cycle Approval Controls Budget Check
52
Inventory Integration
Seamless inventory integration with multiple valuation methods and movement tracking.
FIFO/LIFO Weighted Avg Standard Cost
53
Payment Planning
Optimize payments based on due dates, cash availability, and discount opportunities.
Payment Calendar Cash Optimization Discount Tracking
54
Purchase Analytics
Comprehensive spend analysis for cost optimization and vendor management.
Spend Analysis Vendor Comparison Cost Optimization

Fixed Assets Management

55
Asset Register
Comprehensive asset register with lifecycle management and custodian tracking.
Lifecycle Track Custodian Mgmt Categories
56
Depreciation Management
Multiple depreciation methods with separate books for Companies Act and Income Tax.
Multiple Methods Dual Books Block Assets
57
Asset Transactions
Complete asset transaction handling with automatic journal entries.
Auto Journals Gain/Loss Calc All Transactions
58
Physical Verification
Systematic asset verification process with mobile support and discrepancy management.
Mobile Verify Tag Printing Discrepancy Mgmt
59
Asset Reports
Comprehensive asset reporting for management and compliance requirements.
Management Reports Compliance ROI Analysis

HR & Payroll Management

60
Employee Database
Comprehensive employee information management with document tracking.
Complete Profile Document Track Expiry Alerts
61
Attendance Management
Multi-mode attendance tracking with biometric integration and shift management.
Biometric Mobile App Shift Mgmt
62
Leave Management
Comprehensive leave management with policy enforcement and workflow.
Policy Rules Workflow Balance Track
63
Payroll Processing
Complete payroll processing with statutory compliance and multiple pay frequencies.
Statutory Compliance Multiple Frequency Final Settlement
64
Salary Structure
Flexible salary structure configuration by grade with tax optimization.
Grade-wise Tax Optimization CTC Breakup
65
Performance Tracking
Basic performance management and appraisal system with goal setting.
Goal Setting Reviews Ratings
66
Statutory Compliance
Multi-state labor law compliance with automated return generation.
Multi-state Auto Returns PF/ESI/PT
67
Employee Self Service
Employee portal for self-service operations and document access.
Self Service Document Access Request Mgmt
68
Reimbursement Management
Manage employee reimbursements with policy controls and automated processing.
Policy Controls Receipt Attachment Tax Implications
69
Exit Management
Systematic employee separation process with F&F calculation.
Exit Process F&F Calculation Document Gen
E. Integration Framework
Seamless Business Ecosystem Integration
70
Bank Statement Import
Multi-format bank statement import with parsing rules for MT940, Excel, CSV, PDF formats.
MT940 Multiple Formats Auto Parsing
71
Payment Integration
Direct payment initiation through NEFT, RTGS, IMPS, UPI with status tracking.
NEFT/RTGS UPI Status Track
72
ERP Integration
Integration with popular ERP systems like SAP, Oracle, Microsoft Dynamics via API/files.
SAP Oracle API/Files
73
Payroll Integration
Integration with payroll systems for automatic accounting entries and reconciliation.
Auto Entries Reconciliation Multiple Systems
74
CRM Integration
Customer data sync with Salesforce, HubSpot, Zoho CRM for unified customer view.
Salesforce HubSpot Data Sync
75
E-commerce Integration
Order and payment data sync from e-commerce platforms with commission calculation.
Marketplace APIs Payment Sync Commission Calc
76
Document Integration
Integration with SharePoint, Google Drive, Dropbox for document management.
Cloud Storage Access Control Version Control
77
Banking Controls
Security controls for banking transactions with dual authentication and limits.
Dual Auth Transaction Limits IP Restriction
78
Cash Management
Multi-bank cash position tracking with forecasting and overdraft monitoring.
Multi-bank Forecasting Overdraft Monitor
79
Integration Monitoring
Monitor all system integrations with error tracking and retry mechanisms.
Error Tracking Retry Logic Real-time Status
F. Reporting & Analytics
Comprehensive Business Intelligence & 200+ Reports

📊 200+ Standard Reports

Comprehensive library of pre-built reports with drag-and-drop report builder and automated distribution capabilities.

80
Standard Reports Library
200+ pre-built financial reports covering statutory, management, analytical, and operational needs.
200+ Reports Pre-built Customizable
81
Report Builder
Drag-and-drop report builder for custom reports with field selection and calculations.
Drag-drop Custom Reports Calculations
82
Management Reporting
Executive dashboards and MIS reports with KPI tracking and variance analysis.
Executive Dashboards KPI Tracking Variance Analysis
83
Analytical Reports
Deep analytical reports with ratio analysis, trend analysis, and comparative analysis.
Ratio Analysis Trend Analysis Comparative
84
Scheduled Reports
Automated report generation and distribution with multiple formats and frequencies.
Automated Multiple Formats Distribution
85
Day Book Reports
Daily transaction summaries for quick review - cash book, bank book, sales, purchase.
Daily Summaries Multiple Books Quick Review
86
KPI Monitoring
Key Performance Indicator tracking with alerts and target monitoring.
KPI Tracking Alerts Target Monitor
87
Budget vs Actual
Comprehensive budgeting with variance analysis and forecasting capabilities.
Budgeting Variance Analysis Forecasting
88
Fund Flow Statement
Analyze sources and application of funds with period-over-period comparison.
Fund Analysis Period Compare Working Capital
89
Export Capabilities
Flexible data export in Excel, CSV, XML, JSON, PDF with API access.
Multiple Formats API Access Scheduled Export
G. User Management & Security
Enterprise-Grade Security & Access Control
90
Role-Based Access
Granular role-based access control with predefined and custom roles.
Granular Control Custom Roles Permission Matrix
91
User Management
Complete user lifecycle management with two-factor authentication and SSO support.
Lifecycle Mgmt 2FA SSO Support
92
Data Security
Multi-layer data security with encryption at rest and in transit.
Encryption Multi-layer Field-level
93
Audit Controls
Comprehensive audit trail with user activity monitoring and compliance tracking.
Complete Trail Activity Monitor Compliance Track
94
Multi-Tenant Architecture
Complete multi-tenancy support with data segregation and resource allocation.
Data Segregation Resource Allocation Usage Tracking
H. Industry Solutions
Specialized Solutions for Manufacturing, Services, Trading & Distribution

Manufacturing Solutions

95
Cost Accounting
Comprehensive cost accounting with job costing, process costing, and activity-based costing.
Job Costing Process Costing ABC
96
BOM Management
Multi-level BOM with version control, alternate BOM, and cost rollup capabilities.
Multi-level Version Control Cost Rollup
97
Work Order Management
Complete work order processing through production stages with variance analysis.
Production Stages Variance Analysis Real-time Status
98
Warehouse Management
Built-in WMS with external integration for receiving, put-away, picking, and shipping.
Built-in WMS External Integration Full Operations

Services Solutions

99
Project Accounting
Project-based accounting with WBS, budgeting, cost tracking, and profitability analysis.
WBS Cost Tracking Profitability
100
Time & Billing
Time tracking and billing for professional services with utilization analytics.
Time Tracking Billing Rules Utilization

Trading & Distribution

101
Route Management
Optimize delivery routes with driver assignment and efficiency tracking.
Route Optimization Driver Assignment Efficiency Track
102
Channel Partner Management
Comprehensive management of distributors, dealers, and retailers with performance tracking.
Multi-channel Performance Track Incentive Mgmt
103
Supply Chain Visibility
End-to-end supply chain visibility with real-time tracking and analytics.
End-to-end Real-time Analytics
I. Mobile & Accessibility
Native Mobile Apps & Cross-Platform Access
104
Mobile Applications
Native iOS and Android apps with full functionality and offline capability.
Native Apps Offline Capability Full Feature
105
Mobile Attendance
GPS-based attendance with geofencing and photo verification capabilities.
GPS Based Geofencing Photo Verify
106
Mobile Expenses
Expense capture and submission with receipt attachment and approval workflow.
Receipt Capture Workflow Quick Submission
107
Mobile Approvals
Complete approval workflow on mobile with document view and electronic signatures.
Workflow Document View E-signature
108
Field Sales Support
Complete field sales operations with customer information and order capture.
Customer Info Order Capture Field Operations
J. Point of Sale (POS)
Comprehensive Retail Management Solution
109
Multi-Location POS
Centralized control of multiple retail locations with unified inventory management.
Multi-location Centralized Control Unified Inventory
110
Barcode & RFID
Comprehensive barcode and RFID support for inventory and transaction processing.
Barcode Support RFID Integration Fast Processing
111
Payment Integration
Multiple payment methods including cards, digital wallets, and UPI integration.
Multiple Methods Digital Wallets UPI Integration
112
Customer Loyalty
Built-in loyalty program management with points, rewards, and customer engagement.
Points System Rewards Engagement
113
Promotion Management
Flexible promotion setup with discount rules and automatic application.
Flexible Rules Auto Application Campaign Tracking
K. Performance & Scalability
Enterprise-Grade Performance & Cloud Architecture
114
Cloud Architecture
Modern cloud-native architecture with auto-scaling and high availability.
Cloud Native Auto-scaling High Availability
115
Performance Optimization
Database optimization, caching, and CDN integration for optimal performance.
DB Optimization Caching CDN Integration
116
Load Balancing
Advanced load balancing with automatic failover and geographic distribution.
Auto Failover Geographic Distribution Health Monitoring
117
Data Backup
Automated backup with multiple retention policies and disaster recovery.
Automated Backup Retention Policies Disaster Recovery
118
Monitoring & Alerts
Real-time system monitoring with proactive alerts and performance metrics.
Real-time Monitor Proactive Alerts Performance Metrics
L. Implementation & Support
Comprehensive Implementation & 24x7 Support
119
Implementation Methodology
Proven implementation methodology with phased approach and milestone tracking.
Proven Method Phased Approach Milestone Track
120
Data Migration
Automated data migration tools with validation and rollback capabilities.
Automated Tools Validation Rollback
121
Training Programs
Comprehensive training programs with role-based curriculum and certification.
Role-based Certification Multiple Formats
122
24x7 Support
Round-the-clock technical support with guaranteed response times and escalation.
24x7 Support SLA Response Escalation
123
Knowledge Base
Comprehensive documentation and self-service knowledge base with search capabilities.
Comprehensive Docs Self-service Search
M. Advanced Features
Cutting-Edge Technologies & Innovation
124
AI-Powered Insights
Machine learning algorithms for predictive analytics and intelligent recommendations.
Predictive Analytics ML Algorithms Smart Recommendations
125
Document Recognition
OCR and document recognition for automatic data extraction and processing.
OCR Technology Auto Extraction Smart Processing
126
Blockchain Integration
Optional blockchain integration for enhanced security and audit trail.
Enhanced Security Immutable Records Trust Layer
127
IoT Integration
Connect with IoT devices for real-time data collection and automated processing.
Real-time Data Device Connect Auto Processing
128
Voice Commands
Voice-activated commands for hands-free operation and accessibility.
Voice Activated Hands-free Accessibility
N. Collaboration Features
Enhanced Team Collaboration & Communication
129
Team Collaboration
Integrated collaboration tools with chat, file sharing, and team spaces.
Integrated Chat File Sharing Team Spaces
130
Document Collaboration
Real-time document collaboration with version control and commenting.
Real-time Edit Version Control Comments
131
Project Collaboration
Project-based collaboration with task assignment and progress tracking.
Task Assignment Progress Track Team Communication
132
Video Conferencing
Integrated video conferencing for remote meetings and screen sharing.
Video Meetings Screen Share Recording
133
Notification Center
Centralized notification system with customizable alerts and priorities.
Centralized Customizable Priority System
O. Future Ready
Next-Generation Technologies & Innovation Roadmap
134
API-First Architecture
Complete API coverage for all features enabling seamless integrations and custom solutions.
Complete API RESTful Custom Solutions
135
Microservices Architecture
Modern microservices architecture for scalability and independent deployments.
Microservices Scalable Independent Deploy
136
Continuous Updates
Regular feature updates and enhancements with zero-downtime deployments.
Regular Updates Zero Downtime Feature Rich
137
Custom Development
Platform for custom development and industry-specific modifications.
Custom Dev Industry Specific Extensible
138
Innovation Pipeline
Continuous innovation with emerging technology adoption and R&D investment.
Emerging Tech R&D Investment Future Ready
Prime Persist - Complete Feature Summary
All 188 Features Across 15 Modules

🎯 Implementation Ready Enterprise Platform

188
Total Features
15
Core Modules
200+
Standard Reports
100%
Indian Compliance

Ready for Digital Transformation

Prime Persist delivers a complete, integrated business platform that transforms how Indian SMEs manage their operations. From basic accounting to advanced AI-powered insights, our platform grows with your business while ensuring complete compliance and security.

🚀 Launching Soon

Prime Persist

Enterprise Accounting Platform

188 Features • 15 Modules • 100% Compliance

Key Benefits

Rule-based Automation

Enterprise-grade Security

24/7 Support Available

Contact Information

Niraj Kumar

Bengaluru-78, India

nirajkvinit@gmail.com

+91-9874983989

© 2025 Prime Persist. All rights reserved. | Complete Business Platform for Modern Enterprises