Using FOSS-Finances you are able to perform the current daily accounting tasks with minimum effort. The program offers many meaningful evaluations and works interactively with other FOSS subsystems, e.g. through a common management of customers and vendor masters, invoice processing, credit and debit memo processing as well as general ledger accounts, e.g. to monitor purchase obligations.
Selected Functions
Automated entries and/or dialogue entries
Integration of electronic banking
Foreign currency accounting
Settlement of associations
Current balance rollovers for closing entries
Display of credits and payment notices based on VDA
Sales tax advance notice e.g. based on Elster methods or Financial Online
Reporting based on the different standards and independent segmentation:
- IFRS
- US-GAAP
- HGB
Management of Accounts Receivable using open or hidden factoring
Liquidity planning that includes purchase obligations and incoming orders
