FastAccounts Evolution is an enterprise accounting platform with native FBR integration, dual-control approval workflows, and an AI intelligence layer — designed for businesses that take compliance as seriously as they take their books.
FastAccounts Evolution v4.0 is engineered around the four hardest problems in Pakistan-grade accounting software — and treats none of them as features bolted on.
Every operational transaction auto-posts to the General Ledger and triggers the right tax, compliance, and approval flows. No reconciliation tax. No spreadsheet bridges.
Live invoice submission queue with retry logic, exponential backoff, and tamper-proof audit logs. Compliance dashboard for pending, failed, and submitted statuses.
CRITICAL · GAP-001Versioned WHT slab calculator per Finance Act. Salary, vendor, and contract WHT. EOBI and Social Security. Input/Output GST tracking accounts.
CRITICAL · GAP-005Dual-control approval engine with configurable thresholds, role-based routing, SLA timers, and a complete state-machine audit trail across every transactional module.
CRITICAL · GAP-003Real-time anomaly detection on transactions, duplicates, logins, and payroll. 3-month sales forecasting with accuracy validation. Risk scoring on every vendor and customer.
CRITICAL · GAP-004A dedicated app for tax consultants. Multi-client dashboard, scoped RLS access, encrypted messaging, compliance checklists, and AI-guided NTN/STRN registration.
CRITICAL · GAP-002Raw Material → Work-in-Progress → Finished Goods tracking with WIP balances on the Balance Sheet. Production order checker approval above configurable thresholds.
MAJOR · GAP-007Budget, resources, and milestone billing. Project-wise P&L with revenue recognition per tax period. Time, expense, and resource allocation per project.
MAJOR · GAP-008Asset register with categories and useful life. Straight-line and double-declining-balance depreciation auto-posted on period close. Disposal with gain/loss journals.
MAJOR · GAP-009Pipeline with configurable stages. Customer NTN validation at creation and invoice save. Customer category — Retail, Corporate, Export — drives applicable tax rates.
MAJOR · GAP-010Attendance-linked payroll on actual days worked. Bulk employee upload. Payslip ZIP batch download. Auto-posting to GL on confirmation. Monthly WHT summary in FBR format.
MAJOR · GAP-006Branch and department dimensions on every transaction. Branch P&L filterable independently. Cost-centre coding tied to departments for granular reporting.
MODERATE · GAP-014Department-wise expense allocation with cost-centre tagging. Tax-deductible classification per FBR categories. Expense approval workflows. Recurring expense automation.
MODERATE · GAP-013Year-over-year comparisons. Cash flow projections. FBR-compliant inventory valuation. Tax liability summary per period. Drill-down from any line to source transactions.
MODERATE · GAP-015CSV and Excel ingestion for employees, customers, vendors, products, fixed assets, and historical transactions. 500-row import completes in under 30 seconds.
MODERATE · GAP-012Tax invoices, credit notes, customer ledgers, ageing analysis. Auto-journal: Dr AR / Cr Revenue + Output Tax. Checker-maker on every posting.
CORE · COMPLIANTPurchase orders, vendor bills, three-way matching, vendor ledgers. Input GST claim plus WHT deduction on payment. NTN validated on every vendor.
CORE · COMPLIANTFIFO valuation, batch and serial tracking, Bill of Materials, multi-warehouse, stock movements with auto-journals, reorder triggers, and physical count reconciliation.
CORE · COMPLIANTAuto-journal engine drives every operational transaction into the GL. Period close with controlled re-opening. Trial Balance, P&L, Balance Sheet, Cash Flow generated from one source.
CORE · COMPLIANTStatement import (CSV, OFX), automatic matching against GL entries, exception handling, and reconciliation reports. Multi-bank, multi-currency support.
CORE · COMPLIANTCounter-grade POS with real-time inventory deduction, cash drawer integration, day-end reconciliation, and seamless posting to Sales and GL.
CORE · COMPLIANTCheck-in/check-out tracking, leave management, shift schedules, overtime calculation. Direct feed into payroll for actual-days computation.
CORE · COMPLIANTConfigurable per module and amount threshold. Maker creates and submits. Checker reviews and approves. The General Ledger only posts when both have done their job. Every state change is recorded with timestamp, user, IP, and reason.
Maker creates
Pending review
SLA timer running
Auto-journal fires
With reason logged
Most ERPs treat Pakistan tax compliance as a localization. FastAccounts treats it as the foundation. Every account, every workflow, every report is mapped to FBR requirements from day one.
↑ One transaction. Three GL postings. One FBR submission. Zero manual entry.
A real-time anomaly engine, a forecasting model, and a risk scorer — purpose-built for accounting data, not retrofitted from a generic ML library.
A staged delivery plan with explicit exit criteria, acceptance tests, and zero hand-waving on dates.
Sign in to the FastAccounts Evolution workspace and put your accounting on rails that the FBR can't argue with.