Finance Management is an important task for all banking,
financial and investment sectors. There are several issues regarding
security, time and money in the existing finance management system. In
order to overcome these issues, this finance management system in
VB.NET has been built to manage daily financial details and effectively
organize day-to-day records in a single software application.
You can download the complete project
source code, project report, documentation and other necessary project
files of Finance Management System from the download links provided in
this post. Below, I have briefly described the features and system
requirements of the project along with the comparison of the existing
system and the proposed system.
About Finance Management System:
The following things can be done with
this software application. You can find more about the features in the
project report. Here, I have just listed out some basic features.
- handle loan details and perform loan management
- record savings of bank account holders
- keep details of share holders and their accounts
- calculate interest rates, profit and loss details
- provide statistics reports for financial analysis
- less manpower/human resource
- cost and time effective
In this finance management system
project, only admin module is implemented, and this performs all the
main operations in the system. The basic functions incorporated in this
module are adding, deleting, editing and updating the financial details
of employees and members. This module is further divided into other
modules and sub-functions as follows:
- Admin login
- Add/Delete/Update/View/Save Employee
- Add/Delete/Update/View/Save Member
- Transaction module
- Expenditure module
- Income module
- Contra module
- Daybook module
- Profit and Loss
- Summary module
In the existing system, most of the
transactions are done manually, whereas in the proposed system all the
banking transactions are computerized using the software financial
management system. Listed below are the problems encountered in the
existing system:
- Lack of security of data
- More man power
- Time consuming
- Consumes large volume of pare work
- Needs manual calculations
- No direct role for the higher officials
- Damage of machines due to lack of attention
In order to avoid these limitations, the
proposed system has been built in computerized platform. The system is
very simple in design and implementation. The system requires very low
system resources and the system will work in almost all configurations.
The major advantages of the proposed system are:
- Security of data
- Ensure data accuracy
- Proper control of the higher officials
- Reduce the damages of the machines
- Minimize manual data entry
- Minimum time needed for the various processing
- Greater efficiency
- Better service
- User friendliness and interactive
- Minimum time required
System Specification:
Hardware Requirements:
- Processor : X86 Compatible processor with 1.7 GHz Clock speed
- RAM : 512 MB or more
- Hard disk : 20 GB or more
- Monitor : VGA/SVGA
- Keyboard : 104 Keys
- Mouse : 2 buttons/ 3 buttons
Software Requirements:
- Operating System : Windows 2000/XP
- Front end : Visual Basic 6.0
- Back end : MS Access
Screenshots:
Conclusion:
Finance Management System Project built
in VB.NET is an advanced version proposed to replace the existing
finance management procedure. As it works in a computerized platform, it
will save time, cost as well as manpower ensuring data security,
accuracy and greater efficiency overall.