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SunAccount Financial Management

SunAccountLike otherSunSystemsmodules, financial management provides a set of unique functions and a good tool for enterprises seeking efficient and orderly management

》Consolidated General Ledger

SunSystemsInnovative integrated general ledger design ensures that all accounts can be updated and balanced at any time. As we all know, when obtaining a set of data, the first thing to see is the degree of the new and old data. Outdated information is not helpful for complex business decisions, but many accounting systems only update the whole batch of data at the end of the day, and users can ensure that they get the latest data only after the data update process between modules

SunAccountThe report or query of data always reflects the real status at that time, which can ensure that the report is prepared in a timely manner and that the decision is well founded. In addition, the single account structure reduces the processing steps, which saves time and reduces the error rate

》Opening period

SunAccountallows users to set their own accounting and report preparation periods according to the needs of their company. This not only reduces the workload of adjusting entries at the end of the month and the end of the year, but also simplifies the processing of daily advances and accrued expenses, saving valuable time

》Clearing and archiving

At the end of an accounting period or year, users can choose to save all completed transaction records to an online archive file instead of simply putting them in the account book or deleting them. These files can be called out at any time when reports or queries are required. Because the transaction records of all accounting years are stored in the online system, the report preparation ability ofSunAccountis particularly powerful, and the call is fast and simple

》Budget

SunAccountThere are ten budget accounts, each of which can be defined separately according to user requirements< Strong>SunAccountBudget control tools are among the best. Each budget file has no limit on years, which is similar to the accounting function< Strong>SunAccountThe flexibility of budget data in input, query and report can help enterprises carry out complex analysis. It is a good choice for budget administrators

SunAccount Asset Management

The rapidly changing technology helps today's enterprises improve production steps, provide more advanced machines, and also put forward requirements on how to effectively manage these new assets. No matter how complex these assets are, theSunAccountasset management system can help you manage them in order. This module can be used and purchased independently, or run with other modules of SunSystems

》Flexible depreciation

Depreciation techniques vary by company type, asset class, and country. Effective asset management requires a set of flexible software, and one solution can meet a series of different requirements SunSystems The asset management module provides up to ten different depreciation methods for each asset, each of which is based on rules or table format, and can be operated automatically or manually

》Asset Log

It is a headache to track the whole process of an asset from purchase to abandonment. The increase and decrease of assets and their placement in different places should be accounted for

SunAccountAsset Management has a unique asset log system. Users can master the purchase of all capital assets and every change in the whole process, including the amount

》Advanced report preparation

Many asset management systems are designed with statements that comply with legal norms. However, as the main element of the company's financial management system, these systems should also produce more flexible status and management reports< Strong>SunSystemscan provide a series of reports, including standard and customized reports, and has strong analysis capabilities, which can not be overcome by any stringent requirements< Strong>SunSystemsYou can even merge data from other modules

》International applications

Due to different depreciation methods in different countries, any company that wants to manage and combine assets to view the international composition of assets in detail needs a flexible and versatile asset management software in multiple currencies< Strong>SunSystemshas multiple currency modules. Assets can be valued and depreciated separately according to the currency and depreciation method specified by each region or enterprise. The book value and asset service life are also presented separately

SunAccount Multi currency Transactions

In the international market, managing multi currency current accounts is the most challenging and complex. It is extremely important to understand the impact of international factors on your business at a minimum< Strong>The multi currency systems ofSunSystemsandSunSystemsare fully integrated, providing unprecedented management control in currency processing

》Flexible exchange

Currency management is not just about specifying amounts and exchange rates. The number of digits after the decimal point of currency varies with the date of exchange rate or the change in response to various accounts< Strong>SunSystemscan process all common currencies with amounts up to 15 digits, and there are various revaluation methods. All entered transactions will be automatically exchanged according to the real-time exchange rate or the conversion table with different accounting account types and relative exchange rates listed by reference

》Automatic processing

The function of the multi currency module depends on its exchange, conversion and revaluation procedures. BecauseSunSystemscan identify the gains and losses caused by cash distribution in multiple currencies and put them into the designated accounting accounts, the above procedures are simplified and time is saved. In addition,SunSystemshas the revaluation function of revising the currency exchange rate, which is applicable to all or part of the accounts< Strong>SunSystemsSet the option of "Report only" to ensure that users can fully control the needs of new estimates or reports

》Financial Statements

SunSystemscan effectively and accurately process multiple currencies in the same account. This flexibility requires comprehensive reports to track and control the financial status of enterprises< Strong>SunSystems

》Recording time and other values

In addition to currency processing, this module also has a conversion function. As a time exchange system, it not only provides various exchange rates, project cost calculation and budget comparison, but also provides statements and accounting with both time and cost to reduce unnecessary manpower and avoid mistakes. The exchange module can also enable enterprises to supervise and control the quantity and value comparison of any kind of goods

SunAccount Financial Allocation

The management of diversified financial elements in modern enterprises is a very complex process. The competitive pressure makes the enterprise analyze all incomes and expenses from products to projects< Strong>SunSystemsThe financial allocation module automates complex work and simplifies the cost and charge allocation process in complex environments

》Allocation method

Different income and costs shall be apportioned in different ways. For example, the overall management expenses of the enterprise are apportioned according to the floor area of each department, while the internal interest expenses of the enterprise are calculated according to a certain proportion of the current account balance. The enterprise allocation module supports both the proportional allocation method and the fixed ratio method, as well as the fixed amount method, such as the allocation of administrative expenses

》Cross company allocation

How to allocate costs and expenses among different accounts and companies is the main problem encountered in the general allocation system< Strong>SunSystemsThe financial allocation module provides a comprehensive cross company account processing function. By automatically allocating transfer files to other locations, cross company allocation amounts and charges can be carried out. This not only simplifies the maintenance of the accounting system, but also ensures that the balance is automatically prepared and entered in cross company control accounts

》Simple setup

Any system that can handle complex allocation situations is difficult to operate and time-consuming to set and maintain< strong>SunSystems

A series of simple data entry tables are set up to define the structure of each allocation, thus simplifying the whole process. In addition, each allocation has several steps, which are matched with other allocation methods. Each of these steps may also be used in other allocations, which saves time in setting up and maintaining the system

》Accounting Selection

A complex apportionment procedure may require multiple bookkeeping, which will greatly affect different companies and accounts. In this case, we cannot underestimate the importance of user control over the entire allocation process< Strong>SunSystemsenables users to control when accounting is performed. You can process the transaction after each step of the process, or you can process the transaction after the whole process is completed. The system can transfer files for subsequent batch bookkeeping, or it can only generate a report and view the results in advance