Financial Management on Microsoft AxaptaŽ
Financial Management helps you effectively increase your business while maintaining control over your financial management processes.
Key Benefits:
- Helps you increase your business without introducing constraints
- Improves the efficiency of your financial operations enabling strategic planning activities.
- Manages your cash flow effectively
- Helps ensure regulatory compliance
- Provides greater insight of your finances and thereby improves your ability to make the right decisions
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Module: Financials I |
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Key Features |
Description |
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GeNERAL LEDGER |
§ Flexible setup of accounting periods § Fast and reliable year-end procedure § Multiple budgets § Advanced options for transaction entry § Journal approval procedures § Recurring journals § Validation prior to posting § Automatic allocation according to predefined setup of accounts, dimensions and percentages?? § Extensive tax module for different types of tax calculation and reporting |
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Bank Management |
§ Reconcile bank accounts § Setup of checks § Monitoring deposits, payments, and bank balances § Electronic import of bank account statements available for some countries |
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Accounts Receivable |
§ Credit assessment § Flexible terms of payment and cash discounts § Advanced payment schedules § Prepayments § Draft handling (bill of exchange) § Payment proposal § Free text invoicing (non-stock invoicing) § Extended options for interest calculation § Options to setup unlimited number of different collection procedures § Export and import formats for electronic payments § Multiple currency handling and exchange rate adjustment |
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Accounts payable |
§ Export and import formats for electronic payments § Bridging accounts § Promissory note handling § Advanced payment schedules § Payment proposals § Option to match invoices to physical deliveries § Option for separate handling of approved and unapproved invoices |
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easy to use |
§ Intuitive screen layout and structure § User-adjustable menus, entry forms and reports § Advanced sorting and filter options § Built-in user Help including an integrated manual § Option to e-mail and fax directly from Microsoft Axapta |
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global functionalities |
§ Multi-language capabilities § Comprehensive local market functionality § Multi-currency and secondary currency handling § Currency Converter § Euro conversion § Exchange rate adjustment handling § Intrastat and EU sales list § Country-specific bank formats for electronic payments and import of bank account statements |
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data analysis |
§ Powerful financial dimensions for data analysis § Flexible report generator § XBRL (Extensible Business Reporting Language) § Drill to detail and drill around capabilities |
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reliability and security |
§ Strong audit trail capabilities § System controls and transaction validations § Transaction approval § Extended options for setup of access rights |
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Module: Financials II |
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Key Features |
Description |
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Advanced GeNERAL LEDGER |
§ Intercompany accounting § Global consolidations § Account allocations based on predefined criteria for actual or budget amounts § Cash-flow forecasting and currency requirement calculation |
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Module: Fixed Assets |
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Key Features |
Description |
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Asset management |
§ Manages the full life cycle from acquisition, depreciation to disposition § Maintains asset status information § Improves control over fixed assets to drive accuracy and timeliness in your accounting results § Supports five depreciation methods (straight line, declining balance, factor, manual percentage and consumption) § Forecasts using fixed assets budgets |
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