| | Description | | This module is required to be versatile and flexible to accommodate the ministry and the hospitals needs in general. It is also required to support multi chart of accounts, and integrate with budget planning, and cost allocation |
| 1 | | Accommodate Rules and Regulations of the Egyptian Government | | 2 | | Accommodate Egyptian Government Chart of Accounts | | 3 | | Compliance with generally accepted accounting principles | | 4 | | Support flexibility in opening and closing accounting periods separately for each entity | | 5 | | Maintain, analyze and report general ledger data for twelve or thirteen month periods | | 6 | | Support double entry and self-balancing control features | | 7 | | Provide for Cash or Accrual accounting | | 8 | | Facility to post sub-ledger journals to General Ledger in summary or detail | | 9 | | Provide for unlimited business segment views of consolidated financial information | | 10 | | Provide for Project Cost Center and Contracts handling and follow-up |
| 11 | | Support processing of multiple general ledgers for multi-entry Hospital | | 12 | | Provide ability to maintain and process individual general ledgers for an unlimited number of separate companies/funds with different fiscal years ( calendar and offset ) | | 13 | | Ability to maintain multiple sets of books : financial statement , internal reporting, current cost reporting | | 14 | | Book base currency and reporting year |
| 15 | | Support user-defined fiscal calendars ( ex: with twelve or thirteen month periods ) | | 16 | | Provide ability for the user to define calendar period ( ex: month, quarter, and year ) | | 17 | | Provide ability to define uneven accounting periods for fiscal calendars | | 18 | | Provide ability to define either “real” or adjusting accounting periods which can overlap with other periods | | 19 | | Provide ability to set up and maintain multiple fiscal calendars ( ex: use a monthly calendar for one entity and a quarterly calendar for another ) | | 20 | | Provide ability to keep any number of fiscal years or calendar periods open concurrently, for prior year comparisons | | 21 | | Support Calendars that span multiple calendar periods or fiscal years | | 22 | | Provide for soft calendar period closings |
| 23 | | Date format ( in the accounting periods and data entry ) to be DD/MM/YYYY |
| 24 | | Provide ability to specify different base currencies ( ex: Functional , local or primary currency ) for each financial entity. | | 25 | | Allow for transactions and reporting in any currency | | 26 | | Ability to maintain ledger in multiple currencies | | 27 | | Provide for currency conversion tables and rate options |
| 28 | | Should be based on Egyptian Government COA and respect Egyptian Accounting Principles | | 29 | | Accommodate flexible account code alphanumeric characters | | 30 | | Support on-line additions and deletions to Chart of Accounts | | 31 | | Allow flagging of inactive (deleted ) accounts to prohibit further posting | | 32 | | Print Chart of Accounts listing by account number ( by any order required ) | | 33 | | Print Chart of Accounts listing by Cost Center | | 34 | | Print Chart of Accounts master file maintenance report | | 35 | | Ability to have Chart of Accounts by entity , or a Common Chart of Accounts | | 36 | | Ability to share Chart of Accounts with sub-systems ( integrated systems ) | | 37 | | Provide for masking capabilities on accounts for reporting and inquiry | | 38 | | Support assignment of accounts to profit centers | | 39 | | Support multiple cash operating accounts | | 40 | | Ability to differentiate account classes between income, expense, assets , liabilities and fund balance | | 41 | | Accounts description for at least 30 characters long | | 42 | | Ability to define account aliases ( short codes/names ) | | 43 | | Specify for individual account codes valid debit/credit entries ( some may have only credit entries ) | | 44 | | Specify for individual account codes valid currency entry ( some may only accept LL ) | | 45 | | Specify for individual accounts balances types ( ex: only statistical entries ) | | 46 | | User defined fields/segments in each account structure ( ex: fund, organization, company, cost/profit center, account, project, budget unit..) | | 47 | | Ability to handle companies/funds in consolidation | | 48 | | Provide for unlimited organization structures and levels | | 49 | | Provide for Description flexfields to add custom fields without programming | | 50 | | Validation rules for accounts , and combinations validity |
| >>> Journal Entries and Posting | | | | 51 | | Validate account numbers as transactions are entered on-line | | 52 | | Edit transactions to prevent out-of-balance and rejected items from posting | | 53 | | Provide batch data entry capability | | 54 | | Provide ability to download / upload from spreadsheet | | 55 | | Ability for the user to opt for real-time posting or posting in a data collection (or batch) mode . In a real-time system up to date information is available immediately. | | 56 | | Allow entry of manual journal entries at any time during the month | | 57 | | Print list of all month-to-date journal entries on demand | | 58 | | Support entry and processing of recurring journal entries | | 59 | | Allow re-printing of financial statements for closed periods after posting prior period adjustments | | 60 | | Automatically post depreciation expense from fixed assets system as a monthly journal entry | | 61 | | Support automatic generation of entries | | 62 | | Support Inter-company automatic generation | | 63 | | Allow adjustment entries to be posted in the month or in the last period of the year as year-end adjustments | | 64 | | Allow journals for actual data to be posted to current period only ( except year end ) | | 65 | | Define journal descriptions | | 66 | | All journals should be automatically verified for batch control totals | | 67 | | Journals failing batch control checks should be returned to the originator or flagged to authorized personnel for action | | 68 | | Support amount fields capable of handling transactions in billions and totals in tens of billions | | 69 | | Disallow posting of failed journals | | 70 | | Provide suspended batch facility for correcting errors | | 71 | | Ability to process Journal types as a) Journal templates b) Recurring c) Reversing d) Allocation e) Budget f) Encumbrance g) Statistical h) Standard | | 72 | | Allow journal reversing by debit / credit not switching signs | | 73 | | Automatic assignment for journal numbering | | 74 | | Ability to define Journal categories ( ex: payroll , JV ) | | 75 | | Ability to define ( or automatic generate ) source of transaction | | 76 | | Accept automatic entries from sub-systems ( integrated systems ) | | 77 | | Allow for detailed or summary posting from sub-systems |
| >>> Periods and Fiscal Years Operation | | | | 78 | | Automatically calculate and make accrual entries | | 79 | | Automatically reverse accrual entries in next period | | 80 | | Automatically accrue and reverse month-end closing entries for accounts payable | | 81 | | Automatically accrue and reverse month-end closing entries for payroll | | 82 | | Support entry of journal entries to prior periods with audit trail | | 83 | | Support entry of journal entries to future periods with audit trail | | 84 | | Automatic generation of offsetting entries for clearing account | | 85 | | Provide for prior period adjustments | | 86 | | Secure prior year adjustments | | 87 | | Automatic roll forward for prior period adjustments | | 88 | | Flexible accounting close processing | | 89 | | Allow for multiple periods open at one time | | 90 | | Allow for start of new year before prior is closed | | 91 | | Year end close :- Automatic clearing of expense and revenue accounts | | 92 | | Year end close :- Calculation and carry forward of retained earnings | | 93 | | Year end close :- Automatic carry forward of beginning balance accounts | | 94 | | Year end close :- Multiple closes prior to final close |
| 95 | | Retain budget, actual, statistical and monetary amounts for 24 months of live data | | 96 | | Retain budget, actual, statistical and monetary amounts for 10 years of historical data | | 97 | | User specified number of periods of history |
| 98 | | Provide on-line inquiry into account balances and transaction detail | | 99 | | Support on-line inquiry into account historical transaction detail for past 12 months | | 100 | | Provide for drill down inquiry , into interfaced subsystems | | 101 | | Online inquiry for : - Current period balances and activity | | 102 | | Online inquiry for : - Current and historical years balances and activity | | 103 | | Online inquiry for : - Actuals versus plan comparison | | 104 | | Online inquiry for : - Current year versus prior year(s) comparison | | 105 | | Online inquiry for : - Detailed journal inquiry view to original sub-system documents | | 106 | | Online inquiry for : - Drill down :summary accounts, detail accounts , journal entries, …. |
| 107 | | Ability to fully customize financial reports | | 108 | | Ability to perform rounding , subtotaling | | 109 | | Ability to report with multiple graphic options ( ex: pie charts, histograms..) | | 110 | | Detailed audit trails for internal and external auditing | | 111 | | Allow multiple reruns of general ledger reports prior to final month end close | | 112 | | Print detail audit trail of all transactions posted to general ledger | | 113 | | Print summary audit trail of all transactions posted to general ledger | | 114 | | Print daily journals showing beginning balance , activity , and ending balance | | 115 | | Print control summaries to reconcile beginning and ending balances to transaction detail from interfacing systems | | 116 | | Print detail trial balance | | 117 | | Print detail general ledger | | 118 | | Print departmental summary general ledger reports | | 119 | | Compare current month and YTD to prior year’s month and YTD ( and variances ) on GL reports ( also online ) | | 120 | | Print detail income statements | | 121 | | Print income statements by profit center | | 122 | | Allow user-defined roll up of detail to summarized levels within balance sheet and income statement | | 123 | | Print departmental revenue and expense reports showing actual, budget, and variance for month and YTD | | 124 | | Compare current month and YTD to prior year’s month and YTD ( and variances ) on revenue and expenses reports ( and Online ) | | 125 | | Show current month and YTD to prior year’s month and YTD on revenue and expense reports | | 126 | | Show inpatient , outpatient, and total patient revenue on revenue reports | | 127 | | Show direct ( by natural classification ) and indirect expenses on expense reports | | 128 | | Print revenue and expense trend reports showing five years of history | | 129 | | Print units-of-service statistical summary reports by department | | 130 | | Show volume units, revenue per unit, and cost per unit on a units-of-service statistical report | | 131 | | Show FTE’s and labor hours per unit on a units-of-service statistical report | | 132 | | Provide for journal reporting |
| 133 | | Allow user to define financial statement formats through table-driven parameters | | 134 | | Allow for generation and printing of Financial Statement in Arabic | | 135 | | Print consolidated financial statements of separate entities with user-defined roll-up levels | | 137 | | Profit and Loss statement and balance sheet ( also in Arabic ) |
| 141 | | Budgeting , Costing and Cost Allocation | | 144 | | Support downloading of general ledger data into standard microcomputer file formats | | 145 | | Support uploading of data from standard microcomputer file formats to general ledger system |
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In this section you'll find a list of companies and organizations working in the healthcare IT sector in Egypt.