One of the main features of our HR System is Financial Management System. It is a financial solution that helps finance managers and accountants in an organization to manage the financial information and resources. The system contains a module which allows an organization reduce the resources and infrastructure needed to perform financial operations.

This improved system will help you save accounting time and costs, have efficient and faster billing cycle. With our system you can utilize the comprehensive financial tool that allows you to control all your financial data and information and processes to make faster and smarter business decisions.

Key Benefits :

	Saves Accounting time and cost
	Process automation and enhance reporting
	Efficient and faster billing cycle
	Scalability
	Eliminates stock-pile of documents
	Improved financial management
	Better Analysis, reporting and communication
	Error free computation

The features of the Financial Management System are as follows :

	General Journals/Accounting: Maintains transaction list, journal entry, general ledger balance, entry and closing in financial book, ledger function and audit trail report
	Budgeting : Setup and maintain monthly, quarterly and annual budget. Companies can setup their budget per department and per project
	Multi-currency Transaction and Reporting: Companies doing global business transactions manages some transactions in foreign currencies. The automated currency revaluation feature simplifies the period-end close process by generating adjusting journal entries to reflect exchange rate fluctuations on any open accounts payable or receivable transactions
	Account Receivable: The feature allows you to use a net or gross system to suit the specific needs of the company. It generates the ledger transfer journal entries that maintain the integrity of each ledger. It also generates complete audit trail report. Tracks and processes the project billings, remunerations and additional expenses
	Account Payable : Helps maintain the comprehensive cash allocation of profit centers in different accounts. Helps maintain the individual profit center's balances, payments and postings for purchases
	Expense Summary : Maintains monthly expense summary per cost center, per department, etc. Provides cash receipt and collection summary
	Report Generation : provides standard periodic financial reports