Comparison of Financial Functionality of Acumatica Cloud ERP

Acumatica’s Financial Management offers two editions to provide the flexibility to select the set of Acumatica features that best fit the requirements of your business today and as your needs grow.

Application Feature Standard Edition Advanced Edition
General Ledger Flexible GL Account Structure
Branch Accounting
Advanced Financial Reporting
Flexible Configuration of Financial Periods
Multiple Currencies Support
Automatic Allocation of GL Balances
GL Budgeting and Approval
Drill Down to Original Documents
Reversing and Auto-Reversing Entries
Recurring Transactions
GL Consolidation
Sub-Accounts Structure
On-The-Fly Sub Account Entry
Automatic Allocation Templates
Intercompany Accounting
Cash Management Integration w/ Financial Modules (GL/AP/AR)
Cash Account Transfers
Bank Account Reconciliation
Petty Cash Management
Remittance and Payment Instructions
Processing Centers
Multiple Currencies Support
Cash Account Security
Cash Account Reporting
Accounts Receivable Invoice and Statement Delivery
Credit Card Processing
Multiple AR Accounts in GL
Multiple Currencies Support
Automated Tax Reporting
Customer Balances & Credit Verification
Payment Reversal & Auto Application
Small Balances Write-off
Recurring Revenue
Sales Commissions Calculations
Customer Discounts
Overdue Financing Charge Calculation
Accounts Payable Vendor Prepayments
Prepaid Expense Recognition
Use, VAT, and Withholding Tax Support
Payment Approval Process
Multiple AP Accounts in GL
Multiple Currencies Support
Recurrent AP Documents
Vendor Refunds
AP Aging Reports
1099 Reporting
Vendor Discounts
Currency Management Realized Gains and Losses Calculation
Unrealized Gains and Losses Adjustments
Revaluation of GL Accounts
Unlimited Currencies and Rate Types
Configurable Decimal Precision
Auto Handling of Rounding Calcs
Complete Tracking of Gains and Losses
Currency Rate Lookup
Historical and Auditing Reports
Financial Statement Currency Translation
Tax Management Flexible Tax Configuration
Integration w/ Financial Modules
Automatic Offset with Accounts Payable
Flexible Tax Reporting
Tax Transactions Drill Down
Direct Tax Adjustments
Recurring Revenue Management Automated Billing Management
Automatic Revenue Recognition
Complete Integration
Contract Renewals
Smart Credit Card Processing
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