| Financials |  |
| This package contains the following modules: General Ledger Accounts Receivable Accounts Payable Cash Management Financial Budgeting System Cost Accounting Budget Control Fixed Assets Financial Statements Financials provides an effective financial management tool. You can use more than one financial company and control information in the general ledgers, the accounts payable, and the accounts receivable at group level. You can use user-definable dimensions to view financial information in detail from different angles. With the parent-child structures, you can obtain financial information in the proper structure, regardless of the country or the financial system. Budgeting and planning is made easier. By means of single-dimension budgets, you can control budgeted amounts and actual costs based on the performance measure that directs it. It is also possible to use activity-based costing. The Activity Based Costing tool offers more accurate product costing and gives you better insight into the costs of various activities. Financials fully supports electronic banking and allows real-time registration of transactions. You can use multiple currencies. Financials can handle daily rates and spot rates in various currencies. You can buy and sell against an agreed rate. |