While it is seldom accessed outside of the accounting and tax departments, the General Ledgers impact is felt throughout an entire enterprise.
Epicor Fixed Asset Management Full ERP SystemA full ERP system designed by Epicor Software for large enterprises.Epicor Fixed Asset Management Software Is DesignedEpicor financial management software is designed to automate and streamline your financial processes and create value through timely financial monitoring.If a supplier calls you to discuss an invoice, you will have complete information at your fingertips and that history can be kept indefinitely.
With Accounts Payable, you will know how much you owe and when it is due. Because you can specify the creation of invoices through the order release process, you can reduce billing for a different quantity than was actually shipped. With Accounts Receivable you know who is buying what, and who is paying their bills on time. Epicor Fixed Asset Management Manual Processes SuchManual processes such as monthly allocation and accrual entries slow down closing cycles and introduce multiple points of inaccuracy or error. Epicor Advanced Allocations automatically computes cost and revenue allocations and the resulting journal calculations, streamlining processes, increasing relevance and improving accuracy. This results in shorter close cycles and more accurate financial statements. GL Allocations helps your finance staff to create, execute, retain, and reuse allocations to greatly simplify what can be an otherwise time -consuming and error-prone task. The application allows for allocation reversal directly from the Allocation History Tracker. It allows for the management and access to financial data in a user friendly and easy-to-use environment. AFR creates reports using the elements familiar to an accountant or financial professional. It also provides an additional element of reporting hierarchy or trees as well as in built user access security allowing the viewer to generate the report for the area of the business which is their responsibility. Because the published reports are parameter driven, the viewer can generate the report at any time by selecting the parameters of time, company, book or organizational. Fixed Assets helps you record, track and depreciate your fixed assets for optimal utilization. Based in a 100 MS Excel front end familiar to everyone EFP does away with large complex spreadsheets that lack accuracy and the task of collating files by linking to a robust SQL Server environment. EFP allows for organizations to define their budget process and the approval workflow and by utilizing the easy-to-use templates truly simplify the entire task of preparing, updating, and evaluating of budgets and forecasts at both the account and detail level. Advanced Financial Reporting Create and distribute financial reports to company stakeholders in an easy-to-use interface. Yet most businesses write-off 4 of accounts receivable annually (this ranges from 1 to 9 depending on the industry. The longer cash remains tied up in accounts receivable the more costly it is to your business through poor cashflow and interest charges. Epicor Credit Card Processing also implements the security guidelines as specified in the Payment Card Industry Data Security Standard including securely encrypted account numbers and key management.
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