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OpenMiracle was initially developed by a team of developers at Cybrosys Technologies. The project was made open source by Cybrosys , and is now about to launch the source code. Coming from humble beginnings, Cybrosians has come a long way and in an announcement today that its going to reveal its source code on 1st Feb 2014.
The world of Accountancy is undergoing an enormous change, since the role of the accountant too is emerging according to the definitive competitive edge in the market place. We can see business chains competing for growth in the face of significant competitive challenges face a dire need to improve productivity and revenue. To address these challenges, the need is for streamlined operations aligned with their business objectives.
Big dreams deserve better solution for Building a future enterprise! Go ahead with OpenMiracle software. A right choice absolutely for free!!!
2. 1. What is OpenMiracle?
OpenMiracle is an open source accounting software which is an invaluable resource
for modern business; from small firms to large and complex business organizations. It
allows detailed tracking of financial transactions and near instantaneous reporting and
analysis. It is efficient, intuitive and easily configurable, with powerful features incorporated
to make sure that you manage your business finance consistently with exceptional quality.
2. Why it has been a open source?
We believe accounting software market is a huge market. Few software products are
dominating in this market. As a result, companies make standard products with fixed
features. So customization according to user needs is almost impossible or expensive. Not
all business in the whole world is same, its business process, strategy, difference in delivery
model and many other factors making each business different. Then how is it possible to
use a single product with same facilities in all business in the world? We believe it’s
impossible. Clients are sacrificing their requirements and it’s affecting their business. So we
decided to develop a product which is people's choice. Clients will get ultimate power and
they can decide what their system is. They can customize according to their needs. They
can get support from anywhere instead of a single company. They can share the modified
software with their friends. It’s about the freedom, freedom to know.
3. What are the hardware and software’s required to run OpenMiracle?
Required processor
: Pentium 90 MHz or faster
Required RAM :128 MB (256 or more recommended)
25 MB of available hard-disk space for installation
CD-ROM drive (only for installation)
1,024x768 display (1,280x800 recommended)
4. Will this product run on windows 8?
Yes, it will. Microsoft tightened security on all OS after Vista, but you will still be able
to run this software on them all. To prevent problems while saving or rewriting, you simply
need to have full rights on the network folder and the location of the database.
5. Is internet connection is necessary to run this software?
Not at all. This software runs offline.
6. Is there any way I can protect the database?
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3. Yes, there is. You can simply take back-up copies of the database using the backup
facility in the software. All you have to do is click the ‘restore’ option to restore the saved
database.
We strongly suggest you take back-ups constantly, so if ever there is a corruption,
hard disc failure or motherboard shorting, you can resume your work from where you
stopped after correcting the problem.
7. My business deals with multiple currencies. Can the software handle
that?
Of course. Just choose the multi currency option on the customization window.
Conversion between the basic currency and all other currency will be done by the software
automatically.
8. Why should I use OpenMiracle?
OpenMiracle is an open source accounting ERP released under GPL. It includes all
accounting, inventory, payroll features as that of any traditional, expensive, and proprietary
software available. It’s suitable for Micro, Small and Medium business.
9. Is it possible to create separate ledgers?
Yes. There are default ledgers provided in the software, and you can create and add
your own ledgers to it.
10. Can I create more than one company database?
Certainly. You can create up to a thousand databases in this software.
11.Is there any facility for keeping payroll accounting?
Definitely. we have a separate module for payroll accounting.
12.Is there any facility for handling budgeting?
Yes, you can do budget allocation with the software. You will also be able to analyze
the variations in the spent amount and the allocated amount.
13.Can I print barcodes in this?
Sure. You can print bar-codes in this. The process is easy and very user-friendly. And
also can export it to other formats.
14.Is there any facility for setting tax?
Yes, you can set all kinds of taxes. You can also disable the tax facility if you do not
need it.
15.Can I customize the software the way I want it?
By all means! Just take the ‘settings’ option and go about it the way you want to.
16.Is any additional or high-end device necessary to run OpenMiracle?
Not at all. No such facilities are required.
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4. OpenMiracle is just like normal, ordinary software when it comes to hardware and
software requirements: it can work with minimum conditions.
The only place where it is anything but normal is when it comes to performance:
there it is extra ordinary.
17.Can I give the privilege while creating different users for this software?
Yes, you can give privilege using the customization option ‘Role privilege settings’ as
you want.
18.Is there any facility to get the pending payments and receipts for a
particular period ?
Of course, you can view the payables and receivables between two different dates
using ageing report. It shows the days also.
19.Can I specify the additional expenses of purchase or sales as separate
ledger?
Yes, you can create separate ledgers for additional cost incurred on your purchases
or sales transactions
20.There are many types of business for my company. Is it possible to keep
accounts of each business separately?
Of course, you can keep the records of each business separately.
21.Can I get the report of stock and stock value of each product?
Yes, you can get the report of stock and stock value for each product using stock
report
22.Is it possible to convert the product qty as different Unit.?And can I sale
it as different units..?
Definitely, you can set multiple units for the product. Just choose the allow multiple
units option on the customization window. Conversion between the multiple units will be
done by the software automatically.
23.Is it possible to record the stock transfer from one go down to another?
Certainly, you can record the
24.Can I set the design for barcode as the customer can’t identify the sales
rate from barcode?
Yes, you can set the barcode design as you want using the customization option
‘Barcode Settings’.
25.Can I use the dot-matrix printer to print my bills?
Sure, you can use dot matrix printer to print the bills. And also you can design the
format for your invoice.
26.Is there any way to show the negative stock or expired stocks when I log
in?
Definitely, when you log in you can see the list of negative stock, expired stocks,
overdue purchases, and overdue sales ,maximum stocks, minimum , reorder level etc as
reminder
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5. 27.Is there any facility to handle the post-dated cheques?
Of course, You can handle your post dated cheques payables, receivable very easily
in this software.
28. Is there any facility to know the pending receipts and payments during
the year?
Definitely , you can get the outstanding payables or receivables during the financial
year using ‘outstanding Reports’
29.Can I get the details of tax returns?
Sure, you can get the tax report for the financial year and also the vat returns
reports also.
30.If any damage/loss happened to my actual stock, is there any way to
correct the record of stock in the software with actual?
Yes, you can record your actual stock in this software using ‘Physical Stock’. It is
used to store the actual stock of each product.
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