MecWise FINANCIAL MANAGEMENT

MecWise Financial Management gather financial records and keep track all account related transaction. Financial Management module can be considered to be one of the most important modules of the ERP system.

ERP Financial Management includes features that support creation of ad-hoc reporting as well as month-end closing, quarter-closings and year-end reporting.

MecWise Financial Management encompasses the functions that are required to maintain one or more sets of books, generate financial reports, manage cash and fixed assets and execute payment and receivable transactions.

With our technology that minimizes manual data input, thus reduce manual operation from tedious, routine tasks and allowing greater focus in building better business value.

With accurate financial data available via organized records, identified hidden expenses can be easily achieved to improve cash flow and to design company’s budget efficiently for your various departments.

MecWise Financial Management helps monitor capital utilization precisely, so critical decisions can me made instantly based on data presented by the system Intelligent Dashboard Analytics.

MecWise Financial Management has all the features in meeting all accounting and financial standards and your organization needs. This will assist you in better decision-making and strategic planning.

MecWise Financial Management fully integrates with the entire MecWise e-Business suite

MecWise Financial Management helps gather financial data from various functional departments and generates valuable financial reports such as Balance Sheet, Trial Balance, General Ledgers, Quarterly Financial Reports, Account Statements, Gross Profit Analysis, Cost Center Analysis, Branch Profit Analysis, Profitability Report, Asset and Depreciation Management, Tax Management, Analysis and many more.

Features

- Default charts of accounts
- Linked accounting. Direct navigation from accounting entries to   documents and vice versa
- Journal entries
- Trial balance
- General ledger
- P&L statements
- Balance sheets
- Receivables and Payables
- Generation of debt payments. (from invoicing)
- Issue of debt payments. Management of accounting documents
- Bank statements reconciliation
- Asset Management
- Bank Accounts Management