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Accounting is made easy with visibility of transactions across the system, powerful searches the ability to drill throughout the system and Reports to review performance of the business. You can configure your GL in a hierarchy to n levels with the ability to drag and drop branches in the system with the reports automatically updated. The Accounting function is commonly working across multiple organisations (ABN's or in the system Host Company's) so they can access across the organisations for collections, account management and other functions as they work.
These are areas in the Accounting Module:
- Chart of Accounts can be shared across Business Entities, Financial Years and Period Management,
- Multi-Currencies for purchases and sales
- Bank Reconciliation
- GST Explorer shows the BAS elements with ability to drill to related journals
- General Journals, Standing Journals, Standard Financial Reports
- Banking Batches to batch transactions together in the system that are a single line on the bank statement or cash amounts collected from customers
- Journal Batches to batch transactions together for many purposes
- All accounting is visible based on role on the related transactions
- Setting up new Companies (new ABN's known as Host Company) is easy when you expand or purchase another business
- Later if you plan to collapse ABN's into an associated company there is a process to manage that and keep history
- You can build your own management reports using Design PL Report - putting the accounts and calculations as you wish to see them
- see GL Menu to navigate
Centralised Departments
The Accounting function is commonly working across multiple organisations (ABN's or in the system Host Company's) so they can access across the organisations for collections, account management and other functions as they work. Key users can have Roles
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that allow cross organisation (ABN) views to simplify centralised departments activities.
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