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.

Finance Management System - Al Shamil e-Commerce ERP

Bank Facilities
Credit Facilities
  • Capture & Manage Credit Facilities with Multiple FIs
  • Track Available Credit
  • Reallocate Credit to Other Lines

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
  • Full Management Of LG Activities (Opening, Reduction, Extension, Liquidation, Cancellation)
  • Limits Tracking Under Credit Facility Agreement
  • LG Documents Management
  • LG Fees, Cover, Payment Tracking


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