Powerful financial management is the bedrock of an integrated ERP system. Epicor, formerly Solarsoft, financials include the traditional functions of Accounts Payable, Accounts Receivable, General (or Nominal) Ledger including Cash Management and Income Statement or Profit and Loss Account.

Automatic Reconciliation

All sales transactions, purchase, inventory and WIP movements validate account codes and automatically post through to the ledgers at user-defined intervals. Accruals and sales tax or VAT accounts are handled automatically at entry of the originating transaction.

Robust validation of postings backed by advanced database design ensures accounting data is always in balance. Trial balances can be run at any time and closing a period is a simple administrative job; there is no need to delay data entry into current periods.

Scalable and Flexible

User definable account structures with multiple levels of analysis allow users to browse roll-up reports and zoom in to any subset of any account. Depending on the scope of business, multi-entity and multi-currency ledgers can be set up and a wide range of national taxation and accounting standards provided.

Flexible costing models for bought-in and manufactured components are available including standard cost, average cost and actual cost.

Full Integration

The majority of Epicor installations use the built-in ledgers available with our ERP systems. We can integrate a wide range of third party financial systems and partner with CODA, the leading provider of high-end ledger systems.

Additional features available include fixed assets register and configurable interfaces for other applications such as payroll and budgeting.

Export to spreadsheets like Microsoft Excel is simple and provides further data modeling and presentation capabilities.