ERP software
ERP software includes the following financial module
General Ledger
- Multiple companies, divisions and cost centres
- Flexible account code structure
- Multiple budgets and forecasts
- Multi-currency features
- Automatic inter-company posting
- Drill-down enquiries to sub module information
- Account level security
- Consolidation including foreign
subsidiaries
- Standing and reversing journals
- Allocation of individual accounts,
whole departments and/or ranges of
accounts
Accounts Receivable
- Multi-currency processing
- Foreign exchange gain/loss handling
- Parent/child (national) bill-to accounts
- Sales representative commissions,
budgets
- Multiple ship-to and mailing addresses
- Tight credit control features
- Definable credit limits
- Credit collection follow up notes
- Customer profitability analysis
- Contra accounts for customer/supplier
- Customer license/permits/membership
Cash Book
- Bank reconciliation
- Multiple bank accounts
- Foreign currency accounts
Accounts Payable
- Multi-currency processing
- Foreign exchange gain/loss
handling
- Manual and computer cheque
printing
- EFT file preparation
- Flexible payment terms and
discounts
- Parent/child (national)
pay-to accounts
- Supplier invoice/purchase
order/goods receipt matching
Fixed Assets
- Maintain records of capital items
- Transfer assets between
companies or departments
- Full transfer audit trail
- Revalue, depreciate, acquire or
asset disposal
- Accounting for improvements
- Link assets together
- Asset history
- Expense reporting
- Asset acquisition from purchase orders, supplier invoicing, or
directly within the Fixed Assets module