LPF Express is a financial system developed for any type of self owned small business. This system has been dirived from the more feature rich LPF AgriBusiness.

What sets this product apart from others is the fact that the user does not need any accounting knowledge. The user creates short phrases and then link the debit and credit information to it, i.e. “Pay Edgars”. Once the user selects the phrase, the debit and credit sides are filled in automatically. It usually takes 2 to 4 months to setup all necessary phrases, but after that the user simply selects “Pay Edgars” and fills in the amount. If the user needs to setup a new phrase but doesn’t know the debit and credit side, he/she simply phones us (LPF) or his auditor for assistance.

LPF Express uses a screen similar to an excel sheet to capture the data. The data is available to be edited until a year end has been performed. Thereafter it can not be changed.

Capturing of financial data is always a tedious and time-consuming effort. Our system overcomes this by allowing the farmer to import his electronic bank statements. LPF Express supports ABSA, Standard Bank, FNB, Nedbank (Banks). Once again the user can link the transactions to specific financial codes in the system. This allows the system to complete the financial codes automatically when importing the electronic info.

The following reports are available in LPF Express
1. Financial Reports
a. General Ledger
b. Trial Balance
c. Income/Expenditure statement
d. Balance Sheet
e. VAT

2. Management Reports
a. Report by Centre.
b. Report showing data for 12 months in monthly columns.

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