In 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 data represents every segment of your organisation’s activities, whether your enterprise stretches across a room or around the globe.
This is essential, because the most efficient way to get your enterprise to where you want it tomorrow is to know exactly where it is today.
Whatever the financial goals of your organisation may be, the financial application components of Accloud’s ERP solution work hand-in-hand to improve the bottom-line. This is true because the financial functionality is tightly integrated across all business areas and all geographic areas.
This tight integration includes all the other different modules, from materials management to human resource to logistics. Because Accloud’s ERP system automatically links related areas, it eliminates the need to repeat procedures. You enter your data only once. Within the Accloud’s ERP system all areas work in coordination, creating a new level of efficiency in handling your financial data.
Accloud’s finance module provides financial functionality and analysis support to many medium and large scale enterprises. It has the following sub-systems.
- General ledger
- Account receivable
- Accounts payable
- Fixed asset A/C
- Bank reconciliation
Statutory & regulatory
- Value added tax analysis & reporting (Europe)
- GST tax analysis & Reporting (Australia)
- Sales tax analysis and reporting (USA)
- Business Planning & budgeting
- Profit centre accounting
In addition, Accloud provides company-wide integration that is essential to strategic decision making. The financial accounting module gives you the ability to centrally track financial accounting data within a single framework, of multiple companies, multiple branches and chart of accounts.
Tax reporting meets the International Accounting Standard (IAS) and is based on the currency chosen. Reports can be produced in any currency, and the tax does not have to be the local currency. This gives multinational entities great flexibility.