Financial Accounting Module

The benefit of an integrated system is that the financial impact of each activity in the organization can be linked and tracked into financial accounts. So apart from the regular financial accounting features such as GL, P&L, Balance sheet, Aging etc. – APPS™ has linked each activity in the organization with accounts. Users can create cost centers that reflect the structure of the organization and information gets interfaced with accounts using this structure. Budgets can be created style-wise, work order wise, department wise, activity wise. This flexibility provides a powerful tool for analyzing the financial impact of each process in the organization.

Some of the salient features of the financial accounting module are :

• Regular Financial accounting Reports: GL, P&L, Balance Sheet, aging, financial ratios etc.
• Purchase and Production linkage: all purchase and inventory issue/receipt can be reviewed and cross-checked against bills in accounts. All contractor payments can be tracked against actual work done in production.
• Cost Center Reports: Users can create cost centers that are linked to actual activities in the organization and do financial impact analysis.