Bank Account Management

The bank account functionality basically makes it possible for countless bank accounts to be managed. This can be done in not just local, but foreign currencies as well. Additionally, you will be empowered for the reconciliation of bank accounts within the system with the bank’s statements. This way, you will be in the position to keep an eye on all bank statements and run through basic bank reconciliations.

On top of the chart of accounts, there is space given where you can perform calculations. With the help of cost types and cash flow entry accounts in the GL analyzer, users are given the ability to formulate their cost accounting reports along with cash flow reports. Apart from these, extensive calculations including liquidity reports and/or budget versus fact can be conducted as well.