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Multiyear Transaction History

Records and tracks transactions spanning multiple financial years.
As your business grows year after year, your financial data grows with it. Accessing and understanding historical records becomes essential for accurate reporting, strategic planning, and audit compliance. That’s why PrismERP offers a powerful Multiyear Transaction History feature that ensures you can securely record, track, and retrieve transactions from multiple financial years—all in one unified system.

What is Multiyear Transaction History?​

Multiyear Transaction History is a feature in PrismERP that allows organizations to maintain and access financial and operational transactions across different fiscal years. It supports seamless year-to-year tracking, enabling you to view sales, purchases, journal entries, payments, and adjustments over multiple financial periods without switching systems or losing continuity.
This feature is especially useful for businesses that require long-term data access for audits, analytics, and strategic decisions.

Double Entry System​

The double entry system refers to the entry of financial transactions where the summation of debit and credit entries should be equal.

All Types of Transaction​

All types of transaction related to a company or an organization can be provided from the application. This is known as the Journal book.

Accounts Journal​

In this Journal book, you can see all the order management processes as well as vouchers that are created from the application for a company. These can be viewed along with their debit/credit transactions. From the book, you can even change or edit a specific voucher or order.

Key Features of PrismERP’s Multiyear Transaction History​

  • Cross-Year Data Retrieval
    Easily access transaction data from previous and current financial years from one interface.
  • Advanced Search & Filtering
    Search records by date range, transaction type, account, or business unit—across years.
  • Consistent Ledger Continuity
    Maintain accurate customer, vendor, and account balances over time with opening/closing balance tracking.
  • Audit Trail & Compliance
    Supports internal and external audits with complete, timestamped transaction histories.
  • Comparative Financial Analysis
    Enable performance comparisons between years to support better planning and forecasting.
  • Secure & Role-Based Access
    Grant specific access to multiyear data only to authorized users to protect sensitive records.
  • Exportable Year-wise Reports
    Generate, compare, and export financial reports across years for meetings, audits, or management use.

Why Your Business Needs This Feature​

  • Enables year-over-year trend analysis and forecasting
  • Simplifies statutory audits and tax compliance
  • Ensures data integrity across multiple periods
  • Avoids the hassle of switching between databases or backups
  • Facilitates better decision-making with long-term visibility
  • Supports organizations with long-term projects or funding cycles

Fully Integrated with Core ERP Modules​

Multiyear transaction tracking works seamlessly across:

  • General Ledger
  • Accounts Payable & Receivable
  • Sales & Distribution
  • Inventory & Procurement
  • Cash & Bank Transactions

All financial modules reflect accurate, continuous data across years—ensuring consistency in reports and balances.

Power Your Growth with Historical Insight​

With Multiyear Transaction History in PrismERP, you gain the ability to look back confidently while planning ahead smartly. Keep your financial and operational records in sync—across every year.
Request a Demo or talk to our ERP consultants today to learn how this feature supports long-term financial clarity.