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New
Accounting Features |
Increased
functionality that delivers
greater flexibility, control,
and accuracy to improve productivity
and empower your staff to
make intelligent decisions. |
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Multi-Segment
Accounting |
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Configurable accounting structure
that allows financial traceability
of cost and profit centers. |
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Tools that automate the creation
of appropriate chart of accounts
for configured segments. |
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Expanded budgeting capabilities
that allow creation and tracking
of budgets for specific business
segments. |
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Improved financial reporting
with “Smart” filters.
Flexible wildcard parameters
that provide reports filtered
on specific or group of profit
centers. |
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Posting
Groups |
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Expands the flexibility of
the overall accounting system
for growth companies. |
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Full control of GL accounts
used in automated transactions. |
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Preview and override system
selected accounts during transactions. |
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Optionally, configure multiple
A/R, A/P, Inventory and other
control accounts. |
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Easily change configurations
to meet changing business environment
and requirements. |
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Configurable
cash-flow statements that provides
better control of cash flow
statements content |
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Easily separate sections
for Operating, Investing, and
Financing Activities. |
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Compare cash-flow activities
between separate periods on
a single report. |
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Improved
Payment Register |
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New detailed audit trails
that distinguish voids vs reversals. |
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Trace voided checks even
if the checks were lost or destroyed
during a hand written process. |
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Capture reasons for why the
payment was voided or reversed. |
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Track and distinguish between
“to be printed”,
“outstanding”, “cleared”,
and “reconciled”
payments. |
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Easily undo “printed”
status in case they are set
inadvertently. |
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Modify
Purchase Receipts |
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Purchase receipts can now
be modified after a receipt
transaction is complete, even
if some of the inventory is
sold. |
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System will update appropriate
open accounting journals in
the background and create adjustments
to purchase variance and COGS
if required. |
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Improved
Inventory Cost and Lot Audit
trails for Invoices |
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Easily audit the cost and
omission details for inventory
on Sales Invoices. |
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Identify lot numbers of inventory
assigned to specific documents. |
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