Acumatica Financial Management Suite
The Acumatica ERP Financial Management Suite includes a core set of financial modules used by almost every organization. Acumatica financials are designed for companies with complex requirements, yet are easy to use in smaller organizations, who may have fewer ERP financial management system requirements. The modules in the Financial Management Suite are integrated with each other and also with the other Acumatica suites.
Financial Management Suite Modules
General Ledger Module | View PDF data sheet
The hub of Acumatica’s finance system, the General Ledger (GL) module is the central repository for collecting and analyzing your financial information. Dozens of pre-designed reports can be tailored for departmental or individual use through filtering and sorting options at runtime. GL data can also be presented in dashboards or viewed online via inquiry screens. Entries can be made directly into the GL or they can be made from other Financial Suite applications and posted in detail or summary into the GL.
Cash Management Module | View data sheet
The Cash Management (CA) module provides functionality required for managing day to day operations related to cash transactions, cash balances, funds transfer, and bank account reconciliation. The Cash Management module is integrated with the General Ledger, Accounts Payable, and Accounts Receivable modules to centralize all cash management functions such as bank reconciliation, daily cash balances, and cash management reporting.
Accounts Receivable Module | View data sheet
The Accounts Receivable (AR) module allows companies to manage receivables and automate the tasks of invoicing customers and collecting payments. There are several time-saving features such as defaulting of customer information on entry, automatic tax computation, commission calculation, discounts, and due dates calculation. Report and inquiry screens allow you to monitor customer balances, credit limits, pending documents, check aging buckets, and view other customer-related information.
Accounts Payable Module | View data sheet
The Accounts Payable (AP) module allows companies to efficiently manage liabilities for purchased or received goods and services. This module accumulates, stores, and organizes vendor information and documents to automate the payment process. Transactions can be entered quickly and accurately with automatic population of default vendor information and accounts, automated calculation of taxes, flexible payment schedules, cash discounts, and more. Comprehensive reports and inquiry screens provide a complete overview of current AP state and analysis of historical vendor performance.
Employee Portal Module
The (EP) module allows companies to automate the process of entering timesheets, submitted expense claims, and assigning work. The EP module works with Accounts Payable for expense payments to employees and with Accounts Receivable for time and expense billing to clients. Centralized task management allows everybody in your organization to create, assign, and manage tasks within the guidelines of your business policies.
Tax Management Module
The Tax Management (TX) module provides centralized tax configuration, management, and reporting. The TX module stores system taxation settings and provides tax audit and tax reporting functionality. Taxation settings are used across the system to provide accurate and consistent collection of tax information. Tax audit and reporting functionality provide users with functions required for preparing reports for Tax Agencies and preparing supporting documents required for tax audit and filing.
Deferred Revenue Management Module
The Deferred Revenue Management (DR) module allows you to automate and accurately account for situations where you need to recognize revenue in future periods. Create centralized deferral schedules and link them to any transaction line item or inventory component. Deferred revenue features are integrated with all other financial modules so you can link them with sales orders, purchase order, and inventory items. By linking deferred codes to transactions in the Accounts Payable module, you can amortize expenses.