Seven Oceans
Finance & Accounting
Streamlined Finance & Accounting Integration
SOFA provides a comprehensive finance and accounting integration solution tailored for the commercial shipping industry and beyond. This all-in-one tool ensures seamless financial management, automating mundane tasks and enabling businesses to track cash flows efficiently. With a robust suite of features, including detailed reporting and group management, SOFA simplifies accounting processes while connecting effortlessly with the SOC suite. Experience unparalleled efficiency and control with SOFA, where finance and accounting integration meets innovation.
Automate mundane & taxing admin routines
Eliminate double-entry of Accounting Data.
Track
Cash flows effectively.
Functional Financial Reporting tools covered e.g. Balance Sheets, P&L Statements, Trial Balance, Chart of Accounts, Stock Summary etc.
All-in-one Solution.
Connected to our Commercial suite
(Seven Oceans Commercials) for quick access to VCs, TCs, COA, Pools and more.
Navigate accounting processes effortlessly.
An integral part
of SOC & beyond.
SOFA can be used as a standalone tool or in tandem with our commercial suite - SOC.
Accounting Made Easy
Explore SOFA features to calculate fast and comprehensive finances.
Groups & Ledgers
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Primary & Sub-Primary Groups — Sundry Assets, Sundry Liabilities, Capital Account, Loans & Liabilities
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Repository of Ledgers in Each Group — Bank Accounts, Sundry Debtors, Sundry Creditors, Direct Expenses, Income Ledgers, etc.
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Stock Groups, Stock items master for Sale & Purchase, Units
Vouchers
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Journals entries are automatically available from the shipping application for all income and expense heads
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Vouchers available for Payment, Receipt, Contra, Sale, Purchase, Credit and Debit Notes
Reports
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Numerous Reports viz., Day Book, P&L Statements, Balance Sheet, Trial Balance etc.
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Reports across Ledgers and on specific Ledgers
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Cash and Bank Book, Bank Reconciliation, Chart of Accounts, Stock Summary, Stock Movement Analysis