Financial Management & Accounting

Managing Finances & Accounting 

 

 

 Managing General Journals: Used by the Accounting team to record accounting transactions that do not originate from other modules (e.g., adjustments). Access via the General Ledger module > General Journals. 

 

 

 Bank Reconciliation Process: Conducted by the Finance team at the end of each month to match the balance in the system with the bank statement. Access via the Finance module > Bank Reconciliation. 

 

 

 Creating Financial Statements: Key reports such as the Balance Sheet and Profit & Loss Statement can be pulled at any time by management and the Accounting team . Access via General Ledger > Reports > Balance Sheet > Profit & Loss.