Finance

(GL, AR, AP, Cash and Bank, Fixed Assets, Bank Facilities, Budgeting)

General Ledger

• Multi Organizations & Cost Centers
• Multiple Open Financial Periods
• Periodic Revenue & Cost Analysis
• Multiple Years Financials Comparisons
• Transaction Templates
• Recurring Entries with Auto execution
• Auto Reversal of Accrual Transactions
• Actual vs. Budget Comparison
• Report Drilldown to the Voucher Level

AR/AP

• Extensive Customer & Vendor Information
• Credit Management
• User Defined Statement Cycles And Ageing
• Consolidated Statements of a single External Group
• Manage Service Invoices, Retentions And Down Payments
• E-mail or Fax Statements & Letters
• Customer Territory, Sector And Activity
• Debit Note, Credit Note And Adjustments
• Customer/Vendor Specific Messages
• Installment Management

Cash & Bank

• Multiple Cash & Bank Acc. Types
• Flexible Bank Account Codes
• Cash And Bank Transfers
• Different Types of Payments & Receipts
• Receipt And Payments of Multiple Invoices/Installments
• Bank Statement Reconciliation
• Checks Tracking & Controls
• Check And Voucher Formatting & Printing

Fixed Assets

• Comprehensive Asset Details
• Multiple Depreciation Methods
• Requisitioning & Purchasing
• Asset Sale, Transfers, Additions And Disposals
• Flexible Depreciation Allocation
• Maintenance And Tracking
• Document Management
• Assets Reconciliation Tables
• Preventive Maintenance (Integrated with Maintenance Module)

Budgeting

• A budget is a financial plan for a defined period of a year. It may also include
  planned sales volumes and revenues, resource quantities, costs and expenses,
  assets, liabilities, operations and cash flows.
• Budgets can be defined for any of these component of the Chart of Accounts.
• The budgeted VS Actuals report helps in identifying the difference between the two planned/budgeted expenditure and the actual expensed.
• The reports also helps is strategizing the next year’s budget. Multiple reports can be generated related to budgeting in Al Shamil e-Commerce ERP.

Bank Facilities

Credit Facilities

Letters of Credit

• Full Management Of LC Activities (Opening, Amendments, Renewing, Closing, Cancellation)
• LC Documents Management
• LC Fees, Cover, Payment Tracking
• LC Costs Reflected on Inventory Cost
• Limits Tracking Under Credit Facility Agreement

Letters Of Guarantee