Acumatica Accounting & Finance Module Overview

acumatica accounting & financial management module

ERP Software Analysis

Acumatica Accounting & Financial Management Module Overview

DOWNLOAD ACUMATICA GUIDE GET DEMO & PRICING

Featured in:

Top 10 Construction ERP Report

ACUMATICA ACCOUNTING & FINANCIAL MANAGEMENT MODULE OVERVIEW

Accumatica's accounting module is a cloud-based enterprise resource planning (ERP) software solution that provides a comprehensive set of tools and features to manage financial operations. The module includes capabilities such as general ledger management, accounts receivable and payable, cash management, budgeting and forecasting, and reporting and analytics. Its features allow businesses to manage their financial transactions, track cash balances, automate billing and payment processes, and create custom financial reports.

General Ledger:

Accumatica's general ledger module provides a flexible and customizable chart of accounts to organize financial transactions based on the nature and purpose of the transaction. Users can create and manage different financial dimensions, such as departments, locations, projects, and product lines, to track financial data based on their needs. The module also supports period-end closing, which enables users to close accounting periods and perform end-of-month and end-of-year processes.

Accounts Receivable:

Accumatica's accounts receivable module provides various features to manage the customer invoicing process, including creating and managing invoices, applying payments, and tracking customer balances. Users can create and customize invoice templates, set up recurring invoices, and send invoices directly to customers via email. The module also supports customer collections, including creating collection letters, applying finance charges, and managing customer credit limits.

Accounts Payable:

Accumatica's accounts payable module provides various features to manage the vendor billing process, including recording and tracking vendor bills, processing payments, and managing vendor relationships. Users can create and manage vendor records, track vendor bills and payments, and generate vendor reports. The module also supports the automatic creation of purchase orders and the matching of vendor bills to purchase orders to ensure accurate billing.

Cash Management:

Accumatica's cash management module provides various features to manage a company's cash balances, including managing bank accounts, reconciling bank statements, and forecasting cash flows. Users can create and manage bank accounts, reconcile bank statements, and transfer funds between accounts. The module also supports cash forecasting, including creating and analyzing cash flow projections and identifying cash shortfalls and surpluses.

Budgeting and Forecasting:

Accumatica's budgeting and forecasting module provides various features to create and manage budgets and forecasts, including creating and managing budget templates, setting up budget periods, and tracking actual results against budgeted amounts. Users can also create what-if scenarios to evaluate the impact of different assumptions on the budget and forecast. The module supports multi-currency budgets, allowing users to create and manage budgets in different currencies.

Reporting and Analytics:

Accumatica's reporting and analytics module provides various features to create and analyze financial reports, including financial statements, dashboards, and key performance indicators. Users can create and customize reports based on their needs, such as income statements, balance sheets, and cash flow statements. The module also supports data analysis and visualization, including creating graphs, charts, and pivot tables.

DOWNLOAD FULL GUIDE TO ACUMATICA

Get Acumatica Pricing & Demo

Let us know how many users you need and we'll be in touch to provide a quick, hassle free Acumatica cost estimate and arrange a personalized demonstration.

Acumatica Partners

Find an Acumatica partner today using our independent list of Acumatica partners, resellers, consultants and consulting firms.

ACUMATICA PARTNER DIRECTORY

Start Your Acumatica Evaluation

ERP Evaluation

ERP Requirements Template

Download our free ERP requirements template to speed up your ERP evaluation process.