Financial Management Suite

The Acumatica Financial Management Suite includes a core set of applications used by almost every organization. Acumatica financials are designed for companies with complex requirements, yet are easy to use in smaller organizations. The modules in the Financial Management Suite are integrated with each other and also with the other Acumatica suites.

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Financial Management Suite Modules

General Ledger Module | View data sheet
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.

NEW! in 4.1 - Improved budgeting allows users to maintain separate budgets for individual branches and easily control permissions for each. Branch information is now part of the budget process, resulting in better reporting and easier budget creation. A built-in configuration wizard speeds up budgeting.

NEW! in 4.1 - Enhanced GL voucher entry allows sub-module documents to be applied from the Journal Voucher screen.


Usability Tip
 

New! in 4.1 - Real-Time Connectivity with Excel

Tired of exporting data to Excel over and over again? Export data once and simply refresh data from within Excel. The latest Acumatica data will appear automatically.


Cash Management Module | View data sheet
The Cash Management (CA) module provides functionality required for managing day to day operations related to cash transactions, cash balances, funds transfer, and bank account reconciliation. The Cash Management module is integrated with the General Ledger, Accounts Payable, and Accounts Receivable modules to centralize all cash management functions such as bank reconciliation, daily cash balances, and cash management reporting.

Accounts Receivable Module | View data sheet
The Accounts Receivable (AR) module allows companies to manage receivables and automate the tasks of invoicing customers and collecting payments. There are several time-saving features such as defaulting of customer information on entry, automatic tax computation, commission calculation, discounts, and due dates calculation. Report and inquiry screens allow you to monitor customer balances, credit limits, pending documents, check aging buckets, and view other customer-related information.

NEW! in 4.1 - Tracking fees and charges is now quick and easy. AR cash receipts and AP payments now provide the ability to enter any type of fees including credit card, currency or bank associated with the cash transaction at the time of entry.


Usability Tip


New! in 4.1 - Drag-and-drop support for attaching files

Save time when attaching files to transactions or any entity like lead, contact, customer and opportunities. Just drag-and-drop one or more files from your desktop into the Acumatica screen.


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.

NEW! in 4.1 - Preliminary AP booking lets users choose to book transactions to AP and tax accounts prior to verification of the expense account. Once an accountant is available to properly code the expense, the system allows the expense account to be reclassified.


Usability Tip


New! in 4.1 - Suggestions and Auto-Complete help optimize data entry

Get through your data entry screens faster with smart look-ups that quickly find the best possible match as you type. No mouse clicks required.


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.


Usability Tip


New! in 4.1 - Enhanced User Management

Setting up users is now easier than ever with a single screen to centrally manage internal and external users. Assign "User Type" to users in one click.

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.

Fixed Assets Management Module | View data sheet
The Fixed Assets Management (FA) module provides complete visibility into your assets and depreciation calculations. You can add fixed assets directly from AP purchases, import them from a file, or add them individually. Select from a huge number of pre-defined depreciation schedules or create custom schedules for accurate accounting and reporting. Utilize special books to track tax and reporting scenarios separately from your general ledger accounts.

Intercompany Accounting | View data sheet
Intercompany Accounting automates financial reporting, payments, cash management, and inter-entity transfers for organizations with multiple business entities. The features are integrated with other Acumatica modules so you can manage inter-company payments in AP, centralize invoicing in AR, create inter-entity journal transactions in the GL, manage inter-company goods transfers in inventory management, setup entity specific cash accounts in cash management, and more.

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