Sales, purchasing and productionbecome accounting as they happen

Key functions

Multi-entity · multi-currency

Standardizes accounts, business partners and exchange rates as shared sets.

Analysis dimensions

Analyzes accounts from several angles with sub-accounts, cost centers, projects and SAF.

Accounting layers

Official, management and transient layers keep IFRS and audit adjustments apart from the official books.

Closing support

Creates recurring and reversing entries, allocations, currency revaluation and year-end closing entries automatically.

Benefits

• Operational transactions are reviewed before posting, and a period cannot close while unposted transactions remain.
• You analyze in detail by department and project without adding account codes.
• Entity reporting and group reporting run together on a common chart of accounts.

Related functions

• Cross-company transactionsPosts a transaction between entities to both entities together.
• Excel journal integrationDownload journal entries to Excel, edit them and upload them in one batch.

Key functions

Shipment → invoice

A shipment creates a pending invoice. Posting the invoice updates receivables and the ledger at once.

Credit management

Checks the credit limit, the ratio to last year's sales and the days overdue. When a check fails, it warns or holds orders and invoices.

Payment processing

Allocates receipts and bank statement lines to open invoices, including partial payments and prepayments.

Collections

Provides statements, staged reminder letters and receivables aging analysis.

Benefits

• Credit checks at order entry manage bad-debt risk early.
• Revenue and receivables update when the invoice posts, so nothing is entered twice.
• Overdue collection follows a standard, staged procedure.

Related functions

• BankingAllocates incoming payments on a bank statement directly to open receivables.
• Exchange gains and lossesCalculates and posts realized exchange gains and losses automatically when a foreign-currency receivable is paid.

Key functions

Receipt-to-invoice matching

Matches receipts against supplier invoices and posts price and quantity variances automatically.

Staged approval

Applies multi-level approval that fits your procedures, plus Lock Payment.

Payment processing

Selects the invoices to pay in one batch and confirms them.

Prepayments · payment terms

Turns a payment without an invoice into a prepayment, and supports installment payments and early payment discounts.

Benefits

• Before you pay, you confirm that the bill matches the quantity received and the agreed price.
• Separate approval and payment rights strengthen internal control.
• Control over payment timing keeps cash planning stable.

Related functions

• Purchasing & receivingA receipt automatically creates a pending invoice (receiver).
• ERS automatic settlementCreates supplier invoices automatically from receipts. It is optional.

Key functions

Bank statements

Allocates deposits and withdrawals to open receivable and payable items, ledger accounts and payments.

Posting on save

Saving the allocation updates the sub-ledgers and the ledger, including discounts and prepayments.

Foreign currency · multi-entity settlement

Converts exchange rates during allocation and settles open items of other entities too.

Petty cash

Records cash receipts and payments and allocates them to open receivable and payable items.

Benefits

• Most of the payment cycle finishes on the bank statement screen.
• Unallocated, partly allocated and allocated statuses show settlement progress at a glance.
• One allocation settles the sub-ledgers and the ledger together, which cuts reconciliation work.

Related functions

• Accounts receivable (AR)Allocates incoming payments to open receivables and settles them at once.
• Accounts payable (AP)Confirms and settles payments from the bank statement.

Key functions

Multiple books

Each book has its own currency and depreciation rules, and primary and comparison books run together.

Depreciation

Uses standard methods such as straight-line, declining balance, sum-of-the-years'-digits and units of production, and user-defined schedules.

Asset life cycle

Handles acquisition, split, transfer (also between entities), adjustment and disposal, and calculates the gain or loss on disposal.

Batch processing

Posts and reverses depreciation in batches, with a simulation before posting.

Benefits

• The asset register reconciles the ledger and the sub-ledger.
• Depreciation comparison reports show the differences between books at once.
• Simulation before posting prevents month-end closing errors.

Related functions

• General ledger (GL)Creates entries with the default accounts of each asset class.
• Excel integrationRegisters and exports assets in bulk with templates.

Key functions

Cost sets

Keeps current, standard (GL) and simulation costs apart and tracks cost history.

Cost roll-up

Accumulates material, labor, overhead and subcontracting costs along the BOM and routing.

Cost simulation

Runs what-if analysis by cost element and plans when a new cost takes effect at each site.

Production order accounting

The production order accounting close clears work in process (WIP) and posts cost variances.

Benefits

• You prepare and verify next period's costs without touching current costs.
• You identify usage and method variances against standard by cause.
• Multiple sites share cost data without duplication (Linked-Site).

Related functions

• ManufacturingProduction order results link to cost and WIP automatically.
• Actual cost (Periodic Costing)Periodic actual costing is also available when you need it.

Key functions

Report Writer

Builds balance sheets and income statements in your company's format, including multi-entity reports.

Report cubes

Aggregates in a presentation currency and drills down from the cube trial balance to the source balances of each entity.

Budgets

Builds budgets from the actuals of the last two years, edits them in Excel and shows budget vs. actual in reports.

Financial KPIs

Defines KPIs such as net profit margin, DSO and DPO and shows them as charts on one screen.

Benefits

• You produce group-level reports at any time of year without separate entries.
• You drill down from a report figure to the individual transaction.
• PDF and Excel output and scheduled runs automate periodic reporting.

Related functions

• Trial balanceShows balances by combination of analysis dimensions.
• General ledger (GL)Shows the trial balance by analysis dimension and accounting layer.