FinOnline is an ERP system used to manage finances of a business organisation. The ERP system is used to manage the income, expenses, and other financial activities of a business.
It allows a business to keep track of all types of financial transactions, including purchases (expenses), sales (invoices and income), liabilities (funding, accounts payable), etc.
FinOnline is capable of generating comprehensive statistical reports that provide management or interested parties with a clear set of data to aid in the decision-making process. FinOnline is also capable to integrate with API based/Custom 3rd party ERP/applications.
GL: General Ledger
AR: Accounts Receivable
AP: Accounts Payable
BK: Bank Reconciliation
BGT: Budget
FA: Fixed Asset
GLC: GL Consolidation
Financial data (credits and debits) flow into a central accounting repository for analysis.
The company pays vendors and other entities.
The company collects payments from customers and other entities.
This module will ensure that records (check register, general ledger account, balance sheet, etc.) are correct. This will be done by comparing the company’s recorded amounts with the amounts shown on the bank statement. Any differences must be justified. When there are no unexplained differences, accountants will state that the bank statement has been reconciled.
Will provide end-to-end solution from Asset Registration (QR Code), Transfer, Tracking & Disposing.