Accounting
This module includes applications for managing financial, Accounts Receivable and Accounts Payable, as well as fixed asset management and a consolidation application.
General and financial accounting
Besides its general accounting features, this application simplifies the multi-currency management and multi-level closing entries (period 13-15 for example).
Features
Length of the account number left to the user’s free choice
Free specification of the accounting period
Licence periods to record entries from…to
Free structure of the chart of accounts
Hierarchical grouping of accounts
Free presentation of balance sheets and operating accounts
Batch entry processing
«Provisional» entries with immediate updating of transaction figures
« Final » batch validation of entries
Manual entry with standard wording proposals
Automatic entry of repetitive transactions
Management of multi-currency accounts with historical prices and equivalent in base currency
Search for accounts and entries using multiple criteria
Display of accounts/results with/without «provisional» entries
Multilevel closing entries (periods 13 – 15)
Interest calculation
Full financial statements and possible transfer to Excel
Budgetary control
Full management of VAT
Imported accounting entries from external systems
Accounts Receivable
In order to determine the result of a period or the complete cost of an item, the Accounts Receivable application has a feature which automatically breaks down into multi-period invoices.
Features
Centralised processing of addresses and data concerning debtors
Multi-currency management with its equivalent in its base currency
Management of credit limits, solvency, etc.
Flexible reminders (texts, tolerances, number of levels, time elapsed between reminders)
Unlimited accounting treatments and reference to the accounts set up in financial and cost accounting
Batch entry management with financial and cost charging (provisional and/final)
Entries in foreign currency with plausibility checking of exchange rates and automatic calculation of exchange differences
Automatic multi-period invoice breaking down
Automation of receipts (BVR, LSV+, BDD)
Turnover follow-up
Search and selection of entries by means of multiple criteria (part number, debtor, amount, etc.)
Customisable output of statements (open posts, time lines/expiry, papers, account statements, etc.)
Exportation to Excel
Complete management of VAT
Financial and cost accounting breakdown according to different VAT rates
Importing accounting entries from external systems
Interest calculation per debtor account
Accounts payable
Features
Centralised management of addresses and data of suppliers/creditors
Multi-currency management with its equivalent in its base currency
Follow-up of payment terms and banking relationships
Unlimited accounting treatment with reference to the accounts set up in financial and cost accounting
Batch entry management with financial and cost charging (provisional and/final)
Fast entry of invoices via optical recognition (OCR) with automatic search for the supplier’s data
Automatic breakdown of multi-period invoices
Electronic visa of workflow invoices
Payment proposals made according to numerous criteria, (due date discount, part payments, etc.)
Payment automation: PAIN (ISO 20’022)
Automatic discount, exchange difference, deduction breakdown etc.
Follow-up of suppliers’/creditors’ turnovers
Search and selection of invoices and entries using multiple criteria (open, past due, paid invoices, etc.)
Customisable output of statements (open posts, time lines, papers, account statements, etc.)
Complete management of VAT
Financial and cost accounting according to different VAT rates
Possibility of importing accounting entries from external systems
Integration with financial and cost accounting
Fixed asset management
Offers numerous features to allow simplified management of tangible, intangible and financial assets.
Features
Licence periods to record entries from…to
Management of data concerning each asset:
- description
- inventory number
- serial number:
- contract
- supplier
- insurance
- maintenance
- manufacturer
- volume
- place, location
- insurance value (fire, CRI, machinery breakdown)
- estimated actual value
- assessed value
Specification of financial asset accounts as well as cost centre, account and type of depreciation charges
Specification of depreciation modes, digressive, linear/variable/unlimited, rate, depreciation and duration, and computational interests
Depreciation methods can be differentiated between financial and cost accounting (e.g. declining balance in financial accounting, linear in cost accounting)
Simulation of the depreciation calculation
Transfer of calculated data to the financial and analytical budgets
Input of manual entries (extraordinary depreciation, etc.)
Automatic counting of depreciation, fixed asset and interest entries in the financial and analytical accounts in “provisional” / “final” mode
Management of maintenance and insurance contracts
Search and selection of fixed assets using multiple criteria
Configurable edition of reports (asset cards, postings, settlements)
Complete integration with financial and analytical accounting
Consolidation
Consolidation manages consolidation for one or several companies in one or several consolidating entities which can also be consolidated on an unlimited number of levels.
Features
Flexible management of the chart of accounts
Overall integration in the balance sheet of total assets and liabilities due
Taking into account the equity interests of various companies
Manual input of entries
Variable valuations and groupings
Multi-currency consolidation with automatic conversion in the base currency of the consolidating company and preservation of entries in the original currency
Consolidation over several accounting periods
Availability of lists defined in financial accounting
Possibility to display results, according to the consolidating company with or without entries belonging to of the consolidating company