General ledger is the core of accounting system.It
contains chart of accounts , financial calendar and is the
central repository of all sub ledger accounting data.
All Customer related activities of creating order ,sending invoices, receive payment are automatically captured so that you have a 360 view of entire life cycle of customer engagement.
Whether you bill monthly , quaterly , annually or one time , financial management automatically schedule invoicing in advance so that invoices are generated automatically on time.
Self service expense reports are created by employees and
approved by the managers . Expense reports are automatically
converted into invoices upon approval.
Foundry Bean Cloud
financial system enables organization to track and reconcile bank and
credit card accounts and provide an accurate picture of cash
position.
All cash transactions which affect the cash position of the
company is captured in cash management.Customer payments or
paying bills to vendors , payroll or expense reimbursements are
recorded in detail.
All the detail bank records are stored and uploaded in
cash management which shows the cash position in bank and helps
to track your spending, watch for suspicious activity and check
for errors.
Auto reconciliation of bank statement with cash
transactions reduces time spent by your accounting team and
increases the accuracy of your financial data
Journal entries are created automatically once the
transactions are matched which increases efficiency of accounting
team by eliminating time spent on manual journal entry.
Billings and Receivables
