The Diamond Finance Core module allows for accurate and efficient handling of basic accounting through automatic and fast operations.
The Finance Core module provides financial reporting, analysis, budgeting, and planning capabilities. It provides a familiar user interface, flexible data manipulation, and powerful integration and security features.
Postings are either made to the general ledger accounts via journal entries on the screen or via automatic transfer from the Sales & Purchases Core module. You settle business transactions with your customers by means of sales and cash receipt postings and with your vendors by means of purchase and cash disbursement postings in the Sales & Purchases Core module. The postings to the receivable, payable and tax accounts are carried out automatically.
Finance Core module offers you a series of reports which are specified by the accounting rules on the one hand (journals, ledgers, balance sheets) and which serve for analysis on the other hand (cashflow reports, statements.) You can request financial account statements for general ledger accounts as often as you desire. You can flexibly design balance sheets and profit and loss reports presenting the financial status of the company.
All reports are easily accessible through menu selection. They are grouped under various titles: Chart of Account listings by several sortings; Journals; Cashflow Reports; Balance Sheets; Ledgers in main and/or secondary currency, by reference or due date, with or without quantity data; Statements; Trial Balances, by several sortings, with or without quantity data.
