Financial Management

Accounting – Financial Management

The connecting link between all ERP modules, as every business process generates financial data.

  • Use the integrated Accounting (Financial Management) module and record your entries in real time.
    Fully compliant with Greek accounting standards and myDATA.
  • Take advantage of all the essential tools included in the Financial Management module, such as outstanding balances, foreign currencies, open items, and cheques, available in the core configuration.
  • Accounting, a pioneer in electronic invoicing, provides a range of benefits for those who choose it.
  • Forget handwritten invoices, time-consuming processes, high costs, and the increased risk of errors associated with traditional invoicing methods.
  • Prepare to upgrade your business for a dynamic global market in the best possible way.
  • Fully customizable, it easily adapts to the specific needs of your business.

Accounting Features Include:

  • myData integration
  • Cash movements (Receipts – Payments)
  • Clearing entries
  • Bill of exchange tracking
  • Fixed assets tracking
  • Open Items
  • VIES – Online validation for EU partners
  • Budgeting
  • Balance aging
  • Open Items and Credit Terms for customers and suppliers
  • Multi-currency support
  • Intercompany consolidated information
  • Credit control
  • Cash flow management
  • VAT management
  • Four-dimensional cost centers
  • Real-time accounting entries from subsystems (e.g., invoicing, container guarantees)
  • Direct accounting entries from the HR subsystem
  • Tax file generation for submission to AADE (monthly and annual)
  • General Ledger (detailed account analysis)
  • Trial balance
  • Cash movements (Receipts – Payments)
  • Fixed assets register
  • Cost centers (4 dimensions)
  • Balance aging – overdue balances
  • Receive a wide range of standardized reports and statistical outputs.

  • Access additional customized and dynamic insights through built-in pivot reporting tools.

  • Execute smart, highly automated financial processes through the ERP, which unifies transactions, detailed data, and planning, utilizing specialized tools such as:


Credit Control

Monitor customer balances, record communications, promises, and follow-up reminders, and link agreed payment dates with cash flows.
Perform bulk sending of statements and letters.


Debit Control

Perform bulk sending of statements and letters.
Track supplier balances and schedule payments based on agreements and supplier actions.
Link forecasts with cash flows.

Cash Flow

Use data from customer and supplier balances, post-dated cheques, forecasts, and recurring payments to accurately estimate cash flows.

Budgeting

Create budgets per account, period, customer, or cost center, and immediately compare them with actual performance.

Purchasing

Monitor the purchasing process from request to invoice payment.
Create approval and assignment workflows based on department and expense amount.

Payment Lists

Obtain approvals for your payments and let the application generate the appropriate XML file for your bank, as well as create and match the corresponding accounting entries and open items.