ERP software consolidates your all business operations into one uniform environment. ERP accounting and financial deliver a competitive edge to manufacturers through flexible, comprehensive controls and real-time management reporting for enterprise operations.
Enterprise Resource Planning solutions are designed to fit your industry, company size, and budget with built-in flexibility and visibility across your business.
It is designed to help your business streamline via all aspects of corporate operations from finance and accounting, human resources, payroll, supply chain management, project management, order processing etc. ERP accounting and financial solutions that meet the needs of your client’s unique demands and processes.
ERP Gold provides you a comprehensive solution for your needs; such as:
- Creation of an accrual journal entry:
Let’s take a look at how ERP Accounting and Financial Management allow you to easily create an accrual journal entry for advertising expenses that need to be reversed in a different accounting period.
Once you have entered the transaction currency amount, the system computes the functional currency equivalent based on the exchange rate prompted by the system then post the entry. Entry created immediately in the correct accounting period. you can also import transactions.
- Budgeting and Planning:
let’s move on to budgeting and planning. You can create multiple versions of budgets by account and by a period. You can spread annual budget amounts evenly or choose to specify different amounts per period to cater for seasonality and fluctuations.
Note that throughout the system, you can import transactions, budgets and other data for accurate and efficient processing.
- Financial reporting in General Ledger:
let’s take a look at financial reporting in General Ledger. You can define as many custom reports as you need. Make a custom income statement where you analyze data for a range of accounting periods and compare actuals with budget amounts that are showing variances.
You can filter the reports by various custom accounting segments for analysis by Cost Center or Division and suppress zero balance accounts for cleaner and comprehensive reporting in real-time.
- Assets management for manufacturers:
From the list of fixed assets, let’s choose an Asset. With a single click, you can get all relevant information about the assets including details. What is the current replacement or salvage value of an asset and its depreciation schedule for accounting and tax reporting purposes?
With the click of a button, you can drill down into the history of depreciation calculations for the asset to see its value at the end of an accounting period.
- Competitive edge:
ERP Accounting and Financial Management delivers a competitive edge through real-time visibility of enterprise business operations. Through accurate and comprehensive reporting of auditable transactions, automated user-defined accounting controls, and strict compliance with local regulatory needs. It also allows you to build your business for success.