qlwiki:transact

Transact

Transact was originally published by Dialog Software in 1985 and was heralded as a book-keeping system and nominal ledger package.

It maintained double entry principles and was based on the manual books of Prime Entry Sales, Sales, Purchases, Bank and Petty Cash transaction types. It could optionally calculate VAT and net transaction values and you could obtain a full audit trail.

Supported 100 accounts under 10 section headings, with 2 accounts reserved for Accrual and Prepayments, with bank, cash, debtor, creditor and VAT controls pre-set (leaving 90 user definable account headings).

The program produced VAT clearance account to control VAT payments and rebates, and also a profit and loss figure, and quick Balance sheet.

As you enter transactions, the system is not updated on the fly, and you have to remember to undertake a Nominal Ledger Update once you have entered your transactions. Unfortunately, being written in SuperBASIC, the program could be prone to breaking due to errors when entering information.

Advertised features:

  • Transaction files emulate the manual books of prime entry, sales, purchases, bank and petty cash
  • Standardised and fast input format
  • Optional down-calculation of VAT and Net transaction values
  • Automatic assignment of debit and credit values
  • Validation checks to ensure that entries balance
  • Double entry principals maintained at all times
  • VAT input and output accumulations recorded separately
  • Journal facilities provided for accounts adjustments
  • Standard reports and audit trail to screen and printer

Title: Transact
Language: SuperBASIC
Author: Unknown
Publisher: Dialog Software
Year of Publication: 1985
Platforms Suitable for: All Sinclair QLs and emulators
Commercial Status: Commercial
Price as at June 1985: £34.95
Reviews: QL User (November 1985), QL World (November 1985)
Sources Available from: n/a
Latest Version available from: Unknown

  • qlwiki/transact.txt
  • Last modified: 2017/09/04 09:53
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