Financial Management

Provides a fast and efficient way to:

General Ledger	Financial accounting record management Configuration of multiple and recurring journals Allocation of cost and income Supports the creation of closing transactions Preparation of pre-closing documents and closing books Unlimited financial dimensions Advanced account structures and rules
Bank Management	Maintain the legal entity’s bank accounts and associate financial instruments Monitor deposits, payments, drafts, and bank balances with support for electronic payments Manage letters of guarantee and cheques
Accounts Payable	Match and pay invoices Allocate charges Pay expenses, commissions, and salaries Track purchase order prepayments Provide vendor access to relevant information through the vendor portal
Accounts Receivable	Assign multiple credit limits Track invoices, terms, and discounts Process customer prepayments Receive and enter customer payments Monitor credit cheques and manage collections; centralise and monitor all activities by case
Fixed Assets	Manage the full accounting lifecycle of asset; acquisition – depreciation – transfer/disposition Easy transfer of equipment from new to rental fleet
Cost Accounting	Track, record, and analyse costs at product or activity level at normal, absorption and standard costing methods Power systems projects; specifically milestone billing and revenue recognition