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Accounting System in ERP
Accounting System in ERP
General Ledger
Record all accounting transactions
Chart of accounts
Period closing
Various financial reports
Accounts Payable
Manage vendor invoices
Track payments
Credit term management
Payable analysis reports
Accounts Receivable
Manage customer invoices
Track payment receipts
Customer credit management
Receivable analysis reports
Cash & Bank Management
Record cash receipts and payments
Bank reconciliation
Cash flow forecasting
Liquidity management
Fixed Asset Management
Asset register
Depreciation calculation
Asset purchase/sale/transfer
Asset disposal
Financial Statement Preparation
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Notes to Financial Statements
System Benefits
Efficient financial data management
Financial operations control
Accurate business decision-making
Compliance with accounting regulations and standards