Accounting

Have your accounting integrated into the
company’s operations at all times.

General Accounting

All documents automatically record each transaction, allowing accounting to be integrated into the company’s operations at all times.

Benefits

Account Plan

It provides freedom to define the structure, depth, coding and nomenclature of the Accounting Plan of Accounts according to the needs of the Business. Harmonizes with the default accounting dimensions. Enables the management of reduced charts of accounts compatible with IFRS.

Automatic accounting entries

Once the accounting accounts are defined, the Accounting is automatically fed when executing the different documents (Invoices, Dispatches, Receptions, Collections, Payments, Inventories, Returns, Depreciations, Withholdings, etc.). 

Multiple dimensions

In addition to the dimensions that each operation automatically saves with each accounting entry, other dimensions coexist such as cost center, production order, etc. that allow generating accounting reports filtering by the criteria of the desired dimensions.

Costs

Accounting in Solop is integrated with the Costing Machine. Where cost estimation is required, the Costing Machine calculates the cost and transfers it to Accounting.

This achieves communion between Costs and Accounting, as well as consistency of operational and accounting data.

Features

Advanced accounting browser

Its sophisticated accounting browser allows you to view, from a report, the accounts involved in detail, and penetrate deeply into the ERP to view, for example, the documents involved with meticulous detail traceability.

Detailed Internal Audit

Generates a detailed audit of movements for each registration/modification of any accounting record. User is saved for each operation as well as the previous value and new value of each transaction. The audited fields are parameterizable.

Budget Management

  • In addition to accounting effects, it is possible to import budgetary accounting entries.
  • This allows comparisons to be made between actual and budgeted accounting effects (provides a tool for correcting deviations).
  • In addition to accounting entries of the actual and budget type, there are other types, which allows accounting to be carried out in different ways.

Report Management

  • It allows you to generate different reports, both daily and monthly fund flows as well as checks and documents.
  • They highlight the fidelity of data with atomic and durable information.
  • The information managed and updated in real time means that you can always know your financial situation from the different windows of the application.

Multi Currency Management

The use of several currencies is transparent for the user:

  • A currency is selected as the base currency, in which all financial transactions are posted.
  • As necessary, other currencies are selected.
  • Financial transactions can be made in any currency, even if they are only posted in the base currency.
  • The daily exchange rate of the additional currencies in relation to the base currency determines the amount to be posted.
  • Financial reports can be issued in any currency.

Reversal of accounting entries

When it is necessary to reverse the accounting effect of a document, Solop cancels the document, and creates a document contract with inverse values, which neutralizes the original accounting effect. All accounting activity is documented in the system. This strengthens data consistency and guarantees traceability of all accounting activities.

Granular management of accounting periods

  • Simply define your company’s accounting time units. It is possible to define periods as months, quarters, semesters, etc.
  • Periods are opened and closed in their entirety or by base document type. This allows you to granularly open or close accounting for a particular period.

Document traceability

The system offers you an audit of changes in all documents that can be parameterized according to the company’s needs.

  • Navigate from one document to another using references.
  • Groups accounting entries by dimensions (Organizations, Projects, Activities, Campaigns, Cost Centers and other dimensions)

Configurable Financial Reports

  • It has the financial reports required by law (Income Statement, Profit and Loss, Balance Sheet, Cash Flow Trial Balance).
    If required, define additional financial reports in which the lines and columns that make up the report are defined separately, allowing them to be reused in different reports.
  • When defining lines, use final or summative accounting accounts, perform arithmetic operations on new lines, format each line differently.
  • In the column definition, you define accounting periods.
  • Filter the result of financial reports by the desired dimensions (Organization, Project, Cost Center, etc.) and export it to PDF or Excel, and navigate to the accounting entries.es originales.

Auxiliary books

Eliminate data entry replication and reduce the need for error-prone manual adjustments to your accounting and reporting processes with Solop’s multi-ledger accounting capabilities.

 

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