Financial
The ERIC Financial Suite encompasses the range of accounting requirements from cash flow management, general accounting, financial statements and budgeting, to fixed assets monitoring. ERIC General Ledger serves as the main repository of financial information for the entire ERIC System, interfacing with all suites for crucial functions. ERIC Accounts Payable and Accounts Receivable interfaces with the Advanced Purchasing and Order Entry and Billing modules for up-to-date and efficient cash flow management.
Accounts Payable
ERIC Accounts Payable effectively manages supplier payables and
disbursements. Its user-friendly interface and automated features allow
for easy transaction processing. Extensive query and reporting options
give immediate access to payables information as well as recommendations
on cost-saving measures. The system is fully integrated with other ERIC
applications and conforms to generally accepted accounting standards
and controls. Features and functions of this module are maximized when
integrated with ERIC Advanced Purchasing.
Accounts Receivable
ERIC Accounts Receivable Module facilitates effective cash flow
management and improves collections. Its user-friendly interface and
comprehensive set of features allow you to process invoices, cash
receipts and other transactions with relative ease. On-line inquiry and
reporting facilities help identify past due or delinquent accounts and
customers exceeding their credit limits. The system is fully integrated
with other ERIC applications and conforms to generally accepted
accounting standards and controls. Features and functions of this module
are maximized when integrated with ERIC Order Entry and Billing.
Fixed Assets Management
As a company acquires more fixed assets, the need to monitor their
whereabouts and know their depreciation costs becomes more important.
The ERIC Fixed Assets module was designed to address these needs. It
allows you to maintain useful information of each asset from the time of
acquisition to disposal. The system provides you with a selection of
depreciation methods that conform to accepted accounting standards. It
is fully integrated with the ERIC General Ledger, Inventory Management,
and Advanced Purchasing Modules.
General Ledger
ERIC General Ledger serves as the central financial data repository
for all modules of the ERIC System. It allows for convenient and
accurate preparation of company financial statements, takes away the
tedium of manual ledger posting and provides timely and accurate
information of your company’s financial condition. Aside from providing
basic balance sheets and income statements, user-customizable analysis
and financial reports can be generated on demand. Budgeting,
multi-company consolidation, inter-company and foreign currency
transactions are also supported.
Treasury and Cash Flow Management
The ERIC Treasury (TRS) module is a complete cash flow management tool.
TRS enables finance managers to monitor loans and investments. A strong
bank reconciliation feature and integration with the ERIC Accounts
Receivable and Accounts Payable modules completes the financial picture.
ERIC Treasury's report, forecast, and manipulate cash position screen
is a powerful yet simple way to manage funds across multiple bank
accounts, balancing investments, loans, payables, and receivables.
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When evaluating or using ERP software like "ERIC," it's essential to refer to the software's official documentation, user guides, or support resources for specific information about its financial module features and functionalities. Additionally, software capabilities and features may evolve, so checking for the latest updates is recommended.
ReplyDeleteMoolamore is an advanced accounting application that analyzes, manages, and projects real-time transaction data. Using our cash flow forecasting software and app, you can forecast and estimate your company's future financial position. Financial Management