Financial Management Suite Modules
General Ledger Module | View data sheet
The hub of Acumatica’s finance system, the General Ledger (GL) module is the central repository for collecting and analyzing your financial information. Dozens of pre-designed reports can be tailored for departmental or individual use through filtering and sorting options at runtime. GL data can also be presented in dashboards or viewed online via inquiry screens. Entries can be made directly into the GL or they can be made from other Financial Suite applications and posted in detail or summary into the GL.
Accounts Payable Module | View data sheet
The Accounts Payable (AP) module allows companies to efficiently manage liabilities for purchased or received goods and services. This module accumulates, stores, and organizes vendor information and documents to automate the payment process. Transactions can be entered quickly and accurately with automatic population of default vendor information and accounts, automated calculation of taxes, flexible payment schedules, cash discounts, and more. Comprehensive reports and inquiry screens provide a complete overview of current AP state and analysis of historical vendor performance.
Employee Portal Module
The (EP) module allows companies to automate the process of entering timesheets, submitted expense claims, and assigning work. The EP module works with Accounts Payable for expense payments to employees and with Accounts Receivable for time and expense billing to clients. Centralized task management allows everybody in your organization to create, assign, and manage tasks within the guidelines of your business policies.
Currency Management Module | View data sheet
The Currency Management (CM) module provides functionality to support multiple currencies so you can do business internationally and manage international subsidiaries. The CM module maintains a list of currencies, tracks exchange rate fluctuations, and performs periodical revaluations for currency denominated accounts and documents in foreign currencies with automatic calculation of gains and losses. Flexible translation options allow you to configure reporting in a foreign currency if needed and automatically performs currency translations.
Tax Management Module
The Tax Management (TX) module provides centralized tax configuration, management, and reporting. The TX module stores system taxation settings and provides tax audit and tax reporting functionality. Taxation settings are used across the system to provide accurate and consistent collection of tax information. Tax audit and reporting functionality provide users with functions required for preparing reports for Tax Agencies and preparing supporting documents required for tax audit and filing.
Deferred Revenue Management Module
The Deferred Revenue Management (DR) module allows you to automate and accurately account for situations where you need to recognize revenue in future periods. Create centralized deferral schedules and link them to any transaction line item or inventory component. Deferred revenue features are integrated with all other financial modules so you can link them with sales orders, purchase order, and inventory items. By linking deferred codes to transactions in the Accounts Payable module, you can amortize expenses.
Payroll* | View data sheet
Acumatica Payroll delivers pay to employees via check or direct deposit while simplifying payroll setup, processing, and reporting. Fully integrated with the Acumatica Financial Management Suite, Acumatica Payroll offers all the functionality you need to easily pay your employees and manage tax filings. Out-of-the-box reporting and inquiry screens allow you to easily access and analyze payroll information.
* Please note that Fixed Assets, Inter-Company Accounting, and Payroll are sold separately
Acumatica for Recurring Revenue Businesses
Acumatica delivers advance revenue management capabilities that enable businesses to easily facilitate recurring billing and maximize revenue opportunities through improved cash flow, billing accuracy, and customer service. Acumatica enables subscriptions, metered usage, on-demand, tiered services, one-time transactions, payments, and invoices to be seamlessly conducted across customers, accounts, districts, organization, and channels and product lines.