Cash operations

Cash operations
This Profit-W® SQL Financial process management and accounting module’s functionality is for:
- to cover received payments with registered sums after bank operations are registered;
- to control received cash and payment operations by bank accounts;
- to verify bank account balance;
- to register advance payment accountancies;
- to create inflow documents by bank extracts, which do not require coverage with received sums account;
- to control received cash and payment operations by bank accounts, to verify bank balance and other.

System has a possibility to revalue bank currency balance for indicated date, while using Currency function.
 

Work with Ledger

Work with the Ledger

This Profit-W® SQL Financial process management and accounting module’s functionality is for:
- to implement chart of accounts hierarchy with possibility to distinguish registration and sum accounts, where lower level account residue must be summed to higher level accounts;
- to create and print out The Ledger account summaries by user selected parameters;
- to manage the Ledger bookkeeping accounts’ hierarchy, specify the Ledger account balances by selected parameters;
- to save connection to primary document and module where it was entered to each the Ledger’s bookkeeping operation;
- to close separate the Ledger accounts’ accounting periods.

System has a possibility to revalue bank currency balance for indicated date, while using Currency function.

Management of sums

This Profit-W® SQL Financial process management and accounting module’s functionality is for:
- to identify suppliers by various signs, possibility to relate the same supplier with unlimited amount of bookkeeping accounts (commitment account, advance payment account) by using determined activity sequences;
- to block supplier, to forbid current supplier creating purchasing orders or register received purchasing bills;
- to implement requests by supplier accounts and payments to suppliers;
- to automatically generate payments by payable sums, including partial payments;
- to register payment term by postponed term and exact date;
- to assign payment schedule to bill;
- to enter various type accounts (credit accounts, debit accounts and other).

System has a possibility to revalue bank currency balance for indicated date, while using Currency function
 

Cash flow management

Module covers creation of payment applications by different financing sources, payment of payment applications from treasury directly or through entity’s settlement of accounts. Formation of applications is implemented correspondingly to budget estimate residue by different financing sources

Resource f. accounting

Budget accounting

Received budget sums, their usage and transfer by different financing sources, programs, expenditure articles and other obligatory budget accounting dimensions are tracked by entered or imported budget estimates from other accounting systems.

To operate this module additional functionality must be  turned on: 

- Cost centers.