Accounting

  • Implement and adapt predefined chart-of-accounts templates
  • Manage accounting transactions such as journal entries, journal vouchers, recurring postings, and posting templates
  • Manage multiple currencies for accounts payable and accounts receivable
  • Create balance sheet, profit and loss, and other financial reports

Controlling (or Cost Accounting)

  • Define and manage budgets
  • Handle payment terms, customer reminders, and cash collections
  • Manage direct and indirect expenses and revenues for multiple cost centers
  • Maintain distribution rules for automated revenue and expense allocation

Banking and Reconciliation

  • Manage incoming and outgoing payments with cash, checks, electronic bank transfers, and credit cards
  • Process bank statements and perform automatic reconciliation of your ledgers
  • Clear multiple accounts receivable and payable invoices automatically in batches
  • Print check batches and generate check and payment reports

Benefits

  • Streamline accounting operations Manage costs and improve profitability Automate reconciliation
  • Expedite month-end closes Forecast cash-flow accurately Minimize payment roadblocks