The module of accounting and financial management is central to the Compiere ERP and is the receptacle of all transactions before providing a single sequence translation book in one or more plans, one or more axes of analysis. On the other hand, this module ensures the safety and traceability of financial flows parallel to the physical flows and information.

Detail functions managed

• Calendar accounting for consultations to consider statements or multi year or two years overlap
• Accounting multi organization: accounting may be common to all group companies to close customizations, reporting by company or group level.
• Categorizing elements Repository: categories section, groups of third parties.
• Association of default accounts: articles, customers and suppliers automatically inherit cash charges related to classes, projects, markets, business sectors, banks ...
• A transaction automatically generates and records simultaneously in multiple planes or axes accounting analysis
• The management of "dimensions Accounting can fine tune the plans or associations to provide areas for a given type of transaction
• Dimensions accounting machines: the third dimension and the dimension section. Even without a specific setting, accounting information is automatically broken by third parties and by Article
• VAT management adapted to European rules: VAT collection, VAT reports monthly, quarterly and annual reports.
• Management module payments: ETEBAC, voucher checks, drafts, BOR, Levy.
• Levels of dunning letters and configurable
• Multi currency: 4 types of standard courses (average, day, end of period ..)
• An online invoice for the purchase or sale may be established by referring not to an article but an accounting nature which are related to a VAT regime and booked. This avoids creating a large number of items
• Editions types: Scales elderly customers and suppliers, Newspapers, General Ledger and Third Overall, Balance General
• Management Factoring
• Fiscal management with multiple budgets.

Most

• Consultation with passing accounts plans or lines of analysis - Examples:
  • third account, account or product support on all group companies or one company
  • Taking charge by cost center / Market / Activity / Project
  • In sales per item, third, commercial / Family Section / Market
• Security charges: for transactions, the accounts are not accessible directly and accounting can be done through the seizure of documents whose charges are pre-configured.
• Copy features to create one-click an accounting (repetitive entries: rent, lease credits etc ...)
• Third Party Accounting system: no sub-account to define the collective consistently keeping the retail operations by third parties. Meaning accounting person to view broadly: not just accounts of customers or suppliers but also for example use of escrow accounts / stand down with Compiere automatically restores the detail (size and quantity) by third parties.
• Automatic bills receivable, bills to establish prepaid products
• Builder Financial Statements
• Subject to a good definition and setup costs, Compiere is able to provide the company monthly for example, an approach to operating income
• All states can be exported to Excel