As many bank accounts as required can be set up – details and account number are held against the bank account definition. Bank accounts can be any currency and payments/receipts can be paid in any currency from any bank account
General Ledger (Nominal ledger)
Automatically maintained periods, reporting over any range of periods – no “rollovers”. Balance Sheet and Profit and Loss Statements reporting against budget
Very flexible taxation options suitable for Canada, US, South Africa, UK, Australia, NZ and most other countries
Order entry covers quotations, recurring invoicing and back orders as well as the features generally available in Sales Order Processing
Accounts Receivable (Sales ledger)
Full on-screen inquiry on a customer's account, complete with invoice details and narrative which appeared on the invoice. Drill down to source document – invoice or credit note. Invoice can be emailed to customers together with pdf attachments dependent on items invoices eg. warranty, datasheets, instructions, manuals etc.
Purchase orders and suppliers can be in any currency and can be emailed to one of the defined supplier contacts email addresses. Orders can be entered for nominal items – ie non-stock items with a general ledger code to be entered to specify how the general ledger integration postings should be made.
Accounts Payable (Purchase ledger)
As well as invoices from the purchasing module, invoices can be entered directly against multiple general ledger codings. General ledger postings are fully integrated, keeping the creditors control account in line with the supplier balances in local currency. Payment run creates payment transactions based on payment of all due invoices that are not flagged as held
Inventory (Stock control)
Multi location stock control which supports batch numbering and serial numbering, with non-stock items and kit-set parts.
Multi-level bill of materials - with error trapping to prevent recursive BOMs .Phantom bills - automatically explode into components when a parent work order is created. Full MRP - material requirements planning with master production schedule/forecast maintenance and creation facilities. Fast full recursive calculation of MRP