Core Modules - FINANCIALS

INTRODUCTION - FINANCIALS

The Financial System, being the heart of most business operations, must provide the necessary heat-beat for the organization. By monitoring the organization heart-beat, the health of the financial system of any organization should also indicate the health of the organization.

In Smartlab, we believe the Financial System, being the heart of the organization, must both provide a strong platform driver to support and promote business growth, but yet transparent enough to convey clear and concise information of the business health in a timely manner, in order that good decisions can be made by management.

Modules of Financial System

In order to achieve this, each Sub-Financial module has been specifically designed for flexibility and usability, which can be further customized to meet your needs if necessary.

The main modules incorporated into the Financial System includes:

- General Ledger
- Account Receivable
- Account Payable
- Analysis Tools
- Bank
- Audit Tools

1. GENERAL LEDGER The General Ledger is one of the main Financial modules containing primarily of the: - Chart Of Accounts - General Journal Entry - Transaction Journal	2. ACCOUNT RECEIVABLE The Account Receivable portion mainly handles transactions on: - PO in entry - Approval systems - Budgeting - Customer Information
3. ACCOUNT PAYABLE The Account Payable portion mainly handles transactions on: - PO out - Approval systems - Supplier terms - Supplier Information	4. ANALYSIS The Analysis tool is a powerful module which can be used to sort and evaluate financial performance, enhance decision process, by using tools: - Financial Reporting - Search engine

5. BANK

The Bank module mainly focuses on the:
- Withdrawal
- Deposits
- Reconciliation

6. AUDIT

The Audit module is used to simplify and quicken data audits of selected accounts or transactions.