Finance Module in ERP
The financial module is the core of an ERP application. In every organizations starting from small scale, Small and Medium Enterprises (SME), medium scale to large scale organizations benefit from the implementation of ERP finance module. vERP finance module can gather financial data from various functional departments, and generates valuable financial reports such as General Ledger, Trail Balance, Balance Sheet and quarterly financial statements, Profit and Loss, Cash Flow, Fund Flow and Annual financial report. Finance module of the vERP customize solution will take care of all accounts related entries and their impact on the whole system. How the finance comes and how it is been utilized. Total flow of money (Cash/Bank) and total expenditures will be reflected here. As an after effect of this, the management will be able to take their important financial decision, Budgeting etc. They can come to know about company's financial position at any point of time. All sorts of important financial reports i.e. Trial Balance, Trading Account, Profit & Loss Account, Balance Sheet, Debtor's Balance, Creditors Balance, Cash & Bank Fund position and many more are covered in this module.