General Ledger

• Expandable multi-dimensional ledger
• Restriction-centric general ledger with segment-based classification
• Fund/Business Unit integrity management ensures a fund/business unit is always balancing
• Strong audit trail to support audits
• Automatic re-allocation/classification of transactions between accounts
• Integrated journal capability for efficient cash receipt process
• Automatic interfund postings
• Individual business unit and consolidated financials
• Meets GASB 34 and GASB 35 requirements
• Standard FASB 116 & 117 compliance reporting
• Reversing journal entries
• Cash-based and accrual-based accounting and reporting
• Reconciliation between Cash and Accrual based accounting
• Integrated budgeting, with real-time monitoring
• Advanced business intelligence with Microsoft PerformancePoint

Accounts Payable/Purchase Orders

• Commitment accounting with allocation and claims/appropriations
• Charges a single invoice to multiple funds
• Built-in automatic interfund transactions
• Real-time budget/allocation control
• Integrated purchasing functionality with four-way matching
• Complete transaction history for all vendors
• Account statement generation
• Multiple checking accounts with built-in check writing or electronic transfer capabilities
• Purchase requisitions with multi-level approvals

Bank Management with Reconciliation Functionality

• Multiple fund accounts can be applied to one bank account
• Manage company bank accounts and the associated financial instruments
• View bank data, reconcile account statements and print reports
• Electronic banking capabilities

Accounts Receivables/Sales Orders

• Integrated invoicing and invoice generation
• Grouping of customers for centralized invoicing
• Revenue accounting with full cash receipts functionality across multiple invoices
• Complete transaction histories for all customers with invoice and receipt details
• Account statement generation
• Aging reports
• Advanced multi-level collection letter functionality
• Advanced interest calculation, with interest note functionality and forms

Fixed Assets

• Comprehensive information tracking for assets
• Manage all asset related functions such as depreciation, adjustments, disposals, scrap, etc.
• Ability to track multiple value models/asset books
• Complete insight into past and current asset values
• Integrated with accounts receivable, accounts payable, and inventory management

Inventory Management

• Perpetual inventory with full transaction history
• Multiple costing principles such as FIFO, LIFO, Standard Cost, and others
• Serial number, lot number and batch number traceability

Production

• Complete production integration with bills of material, routes, and work centers
• Comprehensive MRP and capacity control
• Management of outside processing for production orders

Project Accounting

• Set up projects, estimate costs, generate quotes, and track progress
• Grant Management
• Project types you can manage include:
  • Time and materials
  • Investment
  • Fixed price
  • Time
  • Cost
  • Internal

Reporting

• Report Manager & Advanced Financial Reporting via built-in reporting tools
• Web-based reporting
• Drill-down capabilities of transactions
• Integration to SSRS (Microsoft SQL Server Reporting Services)
• Integration to FRx Reporter

Business Intelligence & OLAP Integration

• Online analytical processing aids decision makers in analysis
• Queries return data from multiple tables
• Allows users to better see relationships
• Integration to Microsoft PerformancePoint

Integration

• Tight integration with Microsoft Office
• Integration to Atlas XL for advanced Microsoft Excel functionality
• ODBC integration into any ODBC-compatible application
• Telephony API/Computer Telephone Integration