Finance Module

->ØIn today’s business enterprise, you need to know that your financial decisions are based on today’s data, not numbers from records closed a month ago, or even a week ago. And you need to know that this same ‘today’s’ data represents every segment of your organization’s activities.

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->The Financial modules of most ERP systems provide financial functionality and analysis support to thousands of businesses in many countries across the globe.

Finance Module Subsystems

Ø-> Financial Accounting
(General Ledger, Accounts Receivable/Payable, special Ledgers, Fixed Asset Accounting, Legal Consolidation )

->Investment Management

(Investment Planning/Budgeting/Controlling, Depreciation Forecast/Simulation/Calculation)

Ø->Controlling

(Overhead Cost Controlling, Activity –Based Costing, Product Cost Accounting, Profitability Analysis)

-> Treasury (Cash Management, Treasury Management, Market Risk Management, Funds Management )

-> Enterprise Controlling

(Executive Information System ,

Business Planning and budgeting,

Profit Centre Accounting )

Financial Accounting

-> The Financial Accounting Module of an ERP system gives you the ability to centrally track financial accounting data within an international framework of multiple companies, languages, currencies, and charts of accounts.

->General Ledger Serves as a central pool of financial data for financial reporting as well as for other accounting areas. However, the origin of centrally stored data can still be traced at any time by drilling down on data from a given transaction.-