eXensys Industry Retail Solution’s eXensys Financial Management provides a comprehensive solution which helps you gain visibility into business-critical information and strengthens financial control with strong accounting and reporting capabilities. It provides seamless and tight integration across all the business processes of an enterprise creating accounting information from all operational business functions such as inventory accretion and depletion, payable liabilities, receivable assets, processed payroll, produced stocks, in-process stocks, etc. eXensys Financial Management enables professionals in critical roles to be more effective by supporting improved decision-making, performance analysis, corporate governance and regulatory compliance.

  Multi-country, multi-regional and multi-organization structure with multi-period and

   multiple financial years analysis and consolidated reporting at all levels

  Choice to use either purchase-based or consumption-based inventory accounting (periodic

   or perpetual inventory accounting)

  Flexible and user defined tax options to configure any tax structure along with localization

   effects

  Supports transaction entry in multiple currencies, revaluation of receivables and payables,

   calculation of exchange gain / loss

  Receivables and payables management features to ensure to have product wise

   profitability analysis and on-time collections with option to generate reminder letters

  Integrated posting of financial entries for transactions in all non finance modules like

   Sales, Service, Purchase, Inventory, Manufacturing and HCM

 

 

  Detailed features of finance in parlance to industrial practice

  User-friendly applications built on Human Factor Interface (HFI)

  User-specific and configurable report generation

  Supports third party tools integration

  Integration of information across different business processes in a single screen

  Invoice reference to adjustments, tax components, payments and reports

  Alerts parties credit limit before issuing further invoices controlling bad debts

  Analysis of product-wise and profitability

  Complete financial and taxation integration with retail application

  Supports multi-currency transactions, exchange gain or loss calculation and reporting

  Common chart of accounts which can be used across multiple organizations

  Real-time dashboards with business intelligence across key areas of the Organization

  Multi-dimensional view of fixed assets with options to classify, reclassify, assemble and

   split fixed assets

  Multiple depreciation methods to take care of depreciation based on different legislations

  Supports segment reporting with user defined segments for multi-dimensional analysis of

   financial information

  Cheque management, printing and bank reconciliation options

  Multiple period and multilevel budgeting with automatic and manual allocation options

  Reminder/dunning letter to customer on a click with multiple options

  Input & output tax calculation & reporting

  Interest calculation with multiple terms & auto posting

 

 

  General ledger accounting

  Payable management

  Receivable management

  Treasury management

  Asset control management

  Direct & indirect tax accounting

  Integration management

  Budgeting and controls

  Segment reporting

  Statutory compliance