Financial Management
The U8 system is a management system that combines daily accounting and financial management. The financial accounting system implements controllable standard business activities and accounting processes. It satisfies the internal and external accounting information requirements of enterprises. The financial system, which seamlessly integrates into U8’s other functions, incorporates daily financial management, providing automatic, versatile financial control and analysis.
Major Functions
General Ledger:
User-defined account items, voucher entry and definition of approval processes, posting, inter-office accounts processing, cash management, comprehensive search from account books to vouchers and documents.
Statements:
Preset statement templates, balance sheets, income statements, cash flow statements and user-defined statement functions
Accounts receivable and accounts payable:
Bills receivable and payable, verification and cancellation processing, transaction processing, bad debt warning and interest calculation, accounts receivable and payable aging analysis and reporting, and seamless general ledger data transfer
Online banking:
An interface is provided for online banking with major banks
Fixed assets:
Fixed assets accounts, allocation, maintenance, depreciation and automatic general ledger data transfer
Consolidated financial statements:
Collection of branch information, statement data offsetting entries, integrating of drafts and consolidated financial statements
Features of the Solution
- Preset accounting item systems for various industries
- Comprehensive search function for reports, vouchers and documents
- Preconfigured online banking processing
- Provides an exchange tool between the account setup of international accounting policies and financial information for the new Chinese accounting policy
- Financial statement templates converted in conjunction with Chinese financial departments and international accounting system standards
- Algorithms and financial statement formatting tool
|
