We believe Systems can make a Difference to Your Bottomline..

Welcome to CITEC One Stop Shop for All your Accounting Information Systems, Accounting and Auditing Assignments, Functional Modules like Inventory Control, Web based cloud Solutions and IT consultation.

In addition to promoting our Accounting products, services and Solutions, we also wish to promote Awareness on Accounting Software, ERP and other Business Software solutions and reliable providers of such Products & Services (Free advice)

Call us on 0714-911-530 for your any Accounting software requirements 8am to 8pm 365 days.

Our services are also extended to Bangladesh, India, Pakistan, Nepal, Bhutan, Maldives, Singapore, Malaysia, Cambodia, China, Indonesia, Qatar and Saudi Arabia.

Our Main Services.

International Accounting Software selection Advice and Consultation (Sage line 50, QuickBooks, Peachtree, Busy, Myob, Attache)

Accounting Software Implementation (Most of the Internationaly aclaimed Products could be implemented, Sage line 50, QuickBooks, Peachtree, Busy, Myob, Attache)

Accounting Software Rental With Implementation specially Web based Applications

Open Source Accounting solutions

International Accounting Software Training

Complete Accounting Outsourcing

Accounting Staff Placement / outsourcing with Technical and accounting back end support

Specialised Audit / Investigations / Surprise Checks & Control checks

Web Hosting / Domain Registration / Website Design

IT Consultation

Solution Conceptualization

Business Solution Design, Development and Implementation

Advanced Mobile / sms based solutions

Specialised solutions such as Hotel / Hospital Software solutions , Web based online systems / sms solutions.


Why We are Different?

Any of Customers who wish to find more Information about common Business Management / Accounting / Enterprise Systems and in general about developing and/or implementing such systems are encouraged to talk to us before selection of a particular Product or a Supplier.

It is known fact that 70% Information systems Implementation Projects fail partly or fully due to selecting the wrong Product, wrong provider and incompetent implementation.

Frankly, CITEC is unable to provide some of the Solutions you require, as we don’t undertake things we are not best at, but may at least guide you where to go and the methodology to find right product/partner together with a advice on successfull Implementation.

Don’t Forget.. If you don’t Implement a Software Product properly, Even if you bought the best Product in the World, you may be obtaining very few benefits, maybe benefits outweigh drawbacks, maybe one day you will feel better without it.

We are vendor –Independent, and we are not an Agency, dealer or reseller of anybody, Nobody gives us Sales Targets or pressure us to sale only their stuff. Therefore, we can simply be on your side when it comes to Information Systems Solutions.

We have met so many Customers, who are not happy...... if you don’t speak to us Please talk to many of your Associates about their solutions, their Experiences.

Though small Our Team, consist of Industry exposed, no-nonsence, down to earth, (do or die) personnel.

We also have close contacts with all the other Accounting Software Developers, Dealers, Distributors, resellers and agents in the Country.


2000 complaints, 400 selected, only 17 investigated - but the PRECIFAC term ended - Sri Lanka News

2000 complaints, 400 selected, only 17 investigated - but the PRECIFAC term ended - Sri Lanka News: The Presidential Commission of Inquiry into Serious Acts of Fraud and Corruption (PRECIFAC) was appointed with a mandate to inquire into, as it’s title goes, ‘large scale acts of fraud and corruption’ between 2010 and 2015.

The commission, chaired by Court of Appeal’s Justice Padman Surasena, has five members comprising entirely of Judges.

The commission has initially received over 2000 complaints, out of which it has decided to investigate 400.

According to the Commission’s Secretary, 17 of those 400 cases have been investigated and reports have been submitted to the President.

Sage Responds to New Era Accounting...

As half of small businesses around the world say they are ready for bots to run their personal and professional lives, Sage builds on ‘invisible accounting’ plans with a series of new launches.
Around half of small businesses say they are ready to run their companies using Bots and AI, according to new global research from Sage. The research comes as Sage announces a fresh launch of cloud accounting solutions to take business builders, and entrepreneurs closer to future where accounting is invisible. 
Today Sage, the market and technology leader in cloud accounting announced;
  • Global Innovation – announcing new availability of 5 accounting cloud solutions across 7 global markets for business of all sizes.
  • 20,000 Sage AI users can’t be wrong -  tens of thousands of ‘new to Sage’ customers adopt accounting chat bot Pegg in 6 months since launch.
  • Over 100 new and fully integrated ISV’s - on the Sage Marketplace - building on Sage’s heritage of strong partnerships, including global relationships with Salesforce, Microsoft, Apple and Slack.
  • Invisible accounting by 2020 - leading the business builders of tomorrow towards an ‘invisible accounting’ environment so they can focus on building their business.
Focusing on Sage’s home market, Jacqueline de Rojas, Managing Director: UK & Ireland – Northern Europe, commented: “Our new Sage solutions are built to support the mobile and automated way in which our customers want to run their businesses. They are designed to empower business builders to automate back-office functions, operate with mobility in mind and live in a world where there is virtually no finance admin. Busy business owners want 'invisible accounting'.”

New products launched in the UK & Ireland include: 
  • Sage 50c – Sage’s trusted accounting solution now gives its customers greater flexibility with new cloud and mobile services, with the added benefit of Microsoft Office 365 integration.  This new version is also complemented by real-time insight, and is designed to give Sage 50 customers complete control over their accounts. Now available in the UK with further roll out planned for 2017.
  • Sage People Sage People is a new fast and flexible cloud Human Capital Management (HCM) solution for mid-sized businesses and enterprises. Now available in the UK, US, Canada and Australia.
The new products work alongside UKI’s existing cloud products: 
  • Sage One – Easy to use cloud accounting solution for entrepreneurs, sole traders and start-up businesses that manages everything from sales and purchasing to cash flow and taxes. Latest release now available in US, UK, Canada, Ireland and newly available in France and Germany.
  • Sage Live – A powerful, customisable, and cost-effective cloud accounting solution. Built on the Salesforce Lightning user interface, customers can manage multiple locations and currencies all in the palm of their hand, whilst taking advantage of the add-on solutions available on the Sage market place and the Salesforce App exchange. Now also available in France, Germany and Spain.
The AI revolution
Over 1 million new customers have followed Sage to the cloud, resulting in a 46% increase in subscription relationships. Today, Sage announced that the first accounting chat bot Pegg now has over 20,000 users in 110 countries, and outlined how it was responding to this move to mobile, live, cloud accounting that integrates with AI technology. 
Following market research conducted by Sage, which showed that 64% of small business owners would welcome “invisible accounting”, Sage announced its commitment to providing business builders and entrepreneurs with just that by 2020.
Sage CTO, Klaus Michael Vogelberg said “Because entrepreneurs don’t go into business to manage taxes and admin, our vision is to create a business environment for entrepreneurs where these tasks are invisible by 2020, freeing up business builders to follow their dreams.”
 “Sage’s vision is to empower entrepreneurs and business owners to spend less time on administration and more time on what they love doing,” said Kriti Sharma, Vice President, Bots and AI at Sage. “Artificial intelligence is the answer for solutions to the everyday pain points people are facing now. Our work at Sage allows us to leverage the latest advances in technology against the immediate challenges our customers facing today.”
Sage will be delivering ideas, inspiration and insight as well as showcasing its full suite of business management solutions at Sage Summit and Sage Summit Tour events running across 2017. 

About Sage Group..

The Sage Group plc is a leading supplier of business software to millions of businesses worldwide.
  • We are an international company with more than 13,000 employees.
  • Sage Group has a turnover of £1.3bn.
  • We are the only remaining technology stock in the FTSE 100.
  • We work with around 20,000 reseller partners.
  • We work with over 48,500 accountants.
  • We were formed in 1981 so we have more than 30 years of experience in developing business software.
  • We are headquartered in Newcastle upon Tyne, North East England.
  • Over 800,000 UK companies use Sage to help run their businesses.
  • We have approx 2,500 employees in UK and Ireland.
  • We take over 30,000 calls from customers per day.

Sage 50 2017 Version Released with Great New Features, Microsoft Office Integration

The UK’s favourite accounting software just got better.

Trusted by over 400,000 businesses, Sage 50 Accounts is now Sage 50c... and it and will change the way you do business forever.
Run your business more efficiently with a time-saving in-depth solution to manage your accounting, invoicing, cash-flow, inventory, taxes, and so much more.
Sage 50c seamlessly combines the power and productivity of a trusted desktop solution, with secure online access and Microsoft Office 365 integration.

New and Improved Features in Sage 50 UK 2014 To be released Soon?

These are the important news feature changes expected in sage 50 2014 UK package to be released soon.
Most of the below mentioned improvements are related to UK customers whereas some other features are useful to customers based in others countries as well. Due to major changes to VAT management in this version, Sage simply like to call this is the " VAT Edition" Though there are many other good improvements added.
VAT Changes for VAT Cash Accounting Scheme members 
Any businesses that are or been trading under the VAT Cash Accounting scheme,  those businesses now able to use the Foreign Trader options within Sage 50 Accounts which was not available previously. 
Help for Charities Sage 50 Accounts 2014 UK - The next version will make it easier to maximise the amount of Gift Aid that businesses are able to reclaim according to UK'S small donation and gift aid legislation. The specifid HMRC Gift Aid Report is now easier to generate and businesses are now able to produce a Submission Report that can be uploaded directly to the HMRC to reclaim the Gift Aid easily without wasting time and with more accuracy. 
Improvements to Product Module
Remove unused Items
Now with this facility you will be able to remove unused items from the Item List. This is a option many people have been asking for a long time specially if they work with many new items and old items are usually not required to appear.
Stock Levels  
Now you will be able to see the stock level (Qty available etc) from within the invoice or sales order entry screen, Thus without going to stock module Now you can accurately inform the customer of delivery times and stock availability, even before you try to save it.
Stocktake Quantities 
Now it will be possible to Import Qty of stock takes from a Microsoft Excel or .CSV file.
Please note that sage has rebranded Peachtree and Accpac Simply Accounting also as Sage 50 (sage 50 US and Sage 50 Canada respectively). This has made a confusion for many people around the world.
According to sage, the summary of updates will be : 
We've added:
  • No worry VAT - Everything your clients need to calculate and submit theirv VAT return in a single step-by-step process.

  • Foreign Trading - Stay on top of tax legislation for trading abroad.

  • Manage your stock - Calculate stock value instantly and make sure stock levels match stock takes.

  • Charities - Record donations and produce gift aid returns, quickly and easily, to upload straight to HMRC.

Common Modules / Features in Accounting Software / ERP

Though we call packages like sage, Quickbooks and busy as Accounting Software packages, they are really much more than the words say. Many of them contain functionality for:

Customers & Debtors Management
Suppliers & Vendors, Creditors Management
Cash, Bank, Credit Card Management
General Ledger
Stock Control
Inventory, Items, Products
Jobs, Projects, Cost centres, Departments / Branches
Payroll, Human resources, Attendance
Fixed Assets Management
Requisition, Purchase Orders, Good Receipts, Goods returns
Quotation/estimate, Sales Orders. Delivery, Invoicing, Credit Notes Creation and Management