Finance

What it does

The module holds the whole financial cycle: budget planning and the financial model, treasury and payments, accounting on a real general ledger, and analysis of execution.

Warehouse and procurement documents are posted automatically, so any total can be traced down to the source document.

Capabilities

• budget: versions, plan, planned cost, adjustments, cost centres and projects
• financial model: profit, cash flow and balance sheet over several years, driven by assumptions and scenarios
• treasury: cash flow, payables and payments, three-way match of order, receipt and invoice, payroll fund, loans
• accounting: multi-line journal entries, trial balance, fixed assets and depreciation, taxes
• revenue from completion certificates, statutory reporting forms of the Kyrgyz Republic
• budget execution plan against actuals, report centre, export to Excel on every screen
• chart of accounts, currencies and National Bank rates, display currency changed only through approval
• periods marked open, closed or locked, reopened only with a stated reason

What the company gets

• any total can be traced down to the source document
• costs are visible by centre and by site, not as one lump sum
• the budget is compared with actuals in the same system, without exporting to spreadsheets
• a closed period stays closed, and nothing is changed after the fact