Financial Management

Epsilon Solution


Financial Management

Businesses ultimately succeed based on their ability to create and manage a profitable business. EPSILON Financial Management is distinguished by its broad focus on managing processes and resources.

General Ledger

EPSILON General Ledger (GL) is the heart of EPSILON Financial Management. The accounting management offers the possibilities of a management by activities. The activity notion or sub accounts allow to analyse the accounting data by branches, divisions, department, etc. It depends on the information you wish to extract and the desired groupings. The management methods by batch/real time are simultaneously offered as they have been twinned. We have selected the best assets for both solutions to make only one. It makes the system higly secured and flexible.

• Financial statements
• Chart of accounts
• Balance controls
• Validation Rules
• Post-year-end transactions
• Flexible posting periods

Accounts Payable

Accounts Payable (AP) allows you to enter supplier invoices for purchases that you make, then create payments for the invoices you want to pay. The system can generate payments for all invoices due, those for a particular supplier, or only for specific invoices. If a supplier calls you to discuss an invoice, you will have complete information at your fingertips and that history can be kept indefinitely.

• Invoices, debit memos,payments
• Recurring entries
• Future-dated payments
• Exchange rate at payment entry
• History
• Supplier Tracker
• General ledger interface
• Electronic funds transfer (EFT)

Accounts Receivable

Accounts Receivable (AR) provides a comprehensive set of tools to manage your invoicing, credit, cash management, and customer management needs. With Accounts Receivable you know who is buying what, and who is paying their bills on time.

• Invoice entry
• Cash Receipts
• Debit notes
• Interest invoices
• Aging information
• Taxes
• Invoice/statement forms
• Sales commissions
• Credit card management
• Settlement currencies and authorization
• Settlement discounts
• Electronic report formats and transmission
• Customer Tracker
• Invoice Tracker

Tax

EPSILON Tax eliminates the tedious work and complexity of determining sales tax.

Cash Management

Improve cash management through the automatic handling and reporting of discounts available, payment due dates, and payment selection methods.

• Bank accounts
• Soft formats for EFT
• Bank Reconciliation

Multicurrency Management

Multicurrency Management automates the process of both buying, and selling in foreign currencies.