Account Management Systems Demo

It is the core of the financial accounting; as it manages cash, records the financial effects in accounts, and maintains financial transaction across ONYX ERP subsystems.

Account management systems are:

  • General Ledger System
  • Auditing and Posting Management System
  • Planning and Budget Management System
  • Import Financial Data

Account Management Systems Setup:

  • It provides regulatory and auditory controls to monitor the financial performance directly, and upon integrating with other financial transactions related to the organization’s activities. It ensures rendering correct impacts and achieve accurate results.
    Account Management Systems Key Features
    – Plan for work and prevent variance
    – Meet the specific needs of the organization
    – Provide integrated audit procedures
    – Save electronic copies of the attachments
    – Set limits for the accounts and prevent exceeding them
    – Create detailed closing statements and get results quickly
    – Provide mobile applications to accomplish tasks and follow-up reports

Account Management Systems Key Functions:

  • Planning Functions
    – Plan a budget for a specific period.
    – Build chart of accounts, chart of cost centers, and any other chart.
    – Import external financial data.
    Auditing Functions
    – Submit, review, and approve requests for performing procedures.
    – Reconcile balances, perform cash count, and settle discrepancies.
    – Review users’ transactions.

  • Account Management Systems Key Features
    – Plan for work and prevent variance
    – Meet the specific needs of the organization
    – Provide integrated audit procedures
    – Save electronic copies of the attachments
    – Set limits for the accounts and prevent exceeding them
    – Create detailed closing statements and get results quickly
    – Provide mobile applications to accomplish tasks and follow-up reports

Executive Functions

  • – Issue and receive vouchers and guarantees.
    – Issue debit and credit notes and record currency exchanges.
    – Make detailed entries with their financial effects.
    – Archive and save electronic copies of the attachments.

    Closing Functions
    – Post the transactions by document, day, or period.
    – Close a financial year or a financial movement for a specific period.
    – Publish the financial position and the results of the organization’s activities.