Features
Financial Management
Main Features - Financial Management
Prime’s Financial Management feature is a product of years of extensive development and positive client feedback. It simplifies accounting processes by transforming them into a straightforward “enter your daily transactions” routine. From printing vouchers to tracking income and expenses across Cost Centers and Projects, Prime handles everything, ensuring complete financial control and accuracy.
Highlights:
Integrated Financial Modules
Includes General Ledger, Accounts Receivable, Accounts Payable, Cost Centers, and Project tracking.
Seamless Integration with Other Modules
Link with Prime Software’s Sales, Inventory, and Manufacturing modules, or use custom interfaces for automatic journal entries.
Customizable Chart of Accounts
User-defined structure and descriptions to fit your business needs.
Cost Center & Project Tracking
Link income and expenses directly to cost centers or projects for detailed financial oversight.
Simplified Posting & Vouchering
Streamlined transaction, journal, and general ledger posting with automated routines and serialized journal numbering.
Banking and Payment Monitoring
Cash-in-bank integration with check printing and payment monitoring for easy tracking of cash flow.
Comprehensive Financial Reporting
Access real-time reports including Trial Balance, Balance Sheet, Profit & Loss, and Cost Center/Project performance.
Debtor & Creditor Management
Direct transaction booking for debtors/creditors and detailed transaction cards with aging analysis.
Flexible General Ledger Procedures
Selective and flexible posting options with comprehensive journal entry reviews and account balance inquiries.
Aging Analysis & Payment Validation
Real-time aging analysis for Accounts Receivable and Payable, with validated payments and collections.
Year-End Closing
Supports year-end closing, transaction date locks, and procedures for the new financial year.
Optional Modules
Add-on tools for Budgeting, Foreign Currency, and Fixed Assets management.
Prime’s Financial Management feature offers a powerful, flexible, and automated accounting solution, ensuring that your finances are always under control and aligned with your business’s growth.
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