Financial Planning & Analysis

• Ability to process by distinguishing between business divisions and analysis areas (Budget, actuals, etc.) to support different analysis scenarios.
• Independent recovery of economic and patrimonial movements.
• Option for simultaneous processing of adjustment and integration entries.

A useful procedure for processing the closings of different companies in the database to neutralize intra-group economic (costs – revenues) and patrimonial (credits – debts) components by consolidating overall costs and revenues. It allows for obtaining a group balance sheet.

The procedure retrieves data from the warehouse and allows for inventory valuation using different criteria, including the related non-accounting entry within the selected closing.

The procedure reads the fixed asset cards and calculates depreciation similar to that in the administrative module. However, it performs a non-accounting entry linked to the selected closing and considers the period under closing in the calculation.

• Allows for the separate execution of adjustment and integration entries (accruals and deferrals) at a later time after creating the closing.
• The calculation and entries are non-accounting to avoid influencing the general ledger.
• The logic takes into account the period under closing, comparing it with the range of dates of economic relevance for the cost or revenue set within each accounting entry.

Allows you to use the logic defined in cost drivers for creating transfer entries in analytical accounting related to the selected closing.

In the reference period under closing, it searches for delivery notes (DDTs) and invoices not yet entered in the general ledger and reconstructs their values for the closing. This is a kind of non-accounting outstanding invoices.

A practical and quick direct printout of the closing to obtain the balance sheet for the period under closing without further reclassifications.

You can create a completely customized model or modify one of the predefined models. In the model, everything is editable and customizable, from the representation of the reclassification that can take place on an unlimited number of sub-levels to the formulas for calculating sums or ratios, to the mapping of the general ledger’s chart of accounts. This last connection, in particular, allows you to relocate every general ledger account and business center within the scheme, regardless of the original chart of accounts structure, whether keeping the debit/credit sections combined or separating them to position them separately in different parts of the scheme.

Once you have defined your reclassification model, the processing will be very fast with just a few simple steps: you indicate to the software which closing to process, according to which reclassification model, and you’re done!

You can compare an unlimited number of reclassifications, highlighting percentage variances for each item in the model, both relative to different elaborations and as a percentage of the total items for each elaboration.

Useful for obtaining hard copy prints of the elaborations.

The available commands allow you to freely add accounting entries to the budget linked to general ledger accounts, business centers, and projects.

This process calculates the simulated product cost for selected items.

This process updates the last and average costs of selected items.

This report displays the detailed cost breakdown of assemblies by exploding the BOM of the item into its individual components.

This process generates automatic Sales Forecasts and Seasonal Patterns based on historical data from sales area documents: Customer Orders, Delivery Notes, and Sales Invoices.

You can define forecasts for groups of homogeneous products. Forecasts for each individual product, a component of a specific family, will be determined based on the importance percentage assigned to the component itself.

This activity is necessary to consider forecasts as input for the generation of procurement orders.

• Extra-accounting entries allow the manual entry of movements.
• Entries for physical movements allow manual entry of measurable movements, such as labor hours or raw material quantities.
• Standard rates for business centers allow direct intervention in the valuation rates of physical quantities (e.g., Euro/hour or Euro/piece).

This represents one of the fundamental features and triggers automation for managing physical movements (e.g., labor hours or raw material pieces used) through the calculation of valuation rates, the calculation of specific depreciation for controlling (reflecting specific logic not influenced by tax regulations, such as perpetual or actual percentage calculations), the calculation of cost driver attributions and allocations, and the processing of project cost reports.

This allows the interception of movements entered in the production area to declare labor hours, machine times (per actual or standard cycle or phase), costs of internal/external operations (at average, last, or standard cost), and include them in management accounting processing and project cost reports.

This allows processing commission agents and applied discounts from the sales cycle.

Utility for recalculating the rates (e.g., Euro/hour or Euro/piece) used for valuing physical quantities (e.g., labor hours or raw material pieces).

A very interesting utility for generating a consolidated report for control data within a master company (parent company) present in the database, retrieving data from secondary companies within the same database.

• Management Accounting Statement: Concerning movements of management accounting.
• Depreciation Control: Relating to specific depreciation calculations in the control module (not influenced by tax regulations).
• Project Consolidated Report: Results of orders/projects.

• Archiving (History):
  • Flows of physical movements from production.
  • Specific depreciation for Control.
  • Entries in the management accounting journal.
  • Indices for rate determination.
• Visualization:
  • Accounts not used in control: Serves to reconcile the general ledger and control; for example, accounting depreciation is bypassed and replaced by the specific logic of the control module, but it is always possible to verify reconciliation.
  • Control Values: Reconciliation panel for values from the general ledger, the allocations made by the cost drivers, and the adjustments needed to reconcile values subject to different logics.
• Project History:
  • Archive form for reading and storing data related to orders/projects and related to physical movements, management accounting entries, and consolidated progress reports.