Financials
Financials
The Financials module offers
automatic and manual posting. It allows you to view suppliers' and customers' account cards
together with their outstanding items. Furthermore, it offers you the option of
displaying and subsequently
printing payment order forms and payment orders, as well as various reports. Entries
are posted to the general ledger as well as to subsidiary ledgers. The same
could be done by using automatic posting.
What does the Financials module offer?
Posting
| In manual posting to journal entries,
debit and credit sides are compared on-the-fly and the current balance is
shown. In this section two simplified functions for entering of invoices
received and issued are described:
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Automatic Posting
|
Payables, receivables, POS invoices, item consumption, exchange
differences, customs warehouse movements, cash transactions, and trips can all be posted automatically based on the defined account
settings. |
Browse Posts
| It enables you to browse
posted journal entries and general journals. |
Close
| It enables manual or automatic closing of
outstanding items on the basis of selected accounts or selected
subjects, as well as closing of prepayments, rounding differences, cash discounts and set-offs.
|
Reports
| It enables financial reports, account
cards, outstanding payments and other reports. |
| Equipment |
It contains the Fixed Assets register, the Small Tools register, and
depreciation and revaluation calculation. |
Transactions
| It is used in creating payment
orders, sending payment orders via e-mail or on diskette, settling posts
and invoices, and foreign transfers. |
Debt Collection
| It provides overviews of outstanding items and debt
collection history. |
Interest
| It provides custom calculation of
interest, interest by documents and interest calculation by received
payments |
Cash
| It provides cash operations with reports
and journals |
Planning
|
In the Planning menu you
may (for now only) prepare business plan sections of the sales plan, cost
plan, financial flow plan on the basis of data from the subject accounts/general
ledger. Data from previous periods are used as a basis for planning. |
Year-end
| By using it you can close account classes 4 and 7 in
irder to close
the past fiscal year and open a new one. |
Archive
| it enables you to save subject
accounts to the archive, for which general journals and account cards can
still be accessed.
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