Financial Management /Financial Management
Closing the books and analyzing financial performance
By defining profit-and-loss and balance-sheet accounts, the Financial Management system organizes the closing of temporary and permanent accounts. Generating closing and opening entries, preparing the balance sheet and income statement for any chosen period, and calculating financial ratios provide the information needed to review current and prior-period performance.
Benefits of Financial Management
Organized account closing process
Opening and closing entries generated
Balance sheet and income statement preparation
Calculation of the financial ratios your organization needs
- Organized account closing process
- Opening and closing entries generated
- Balance sheet and income statement preparation
- Calculation of the financial ratios your organization needs
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Frequently Asked Questions
Which organizations is the Financial Management system designed for?
It suits public, private and holding organizations of any size, and its base settings adapt it to each organization's structure and processes.
Is Financial Management integrated with the other subsystems?
Yes. Financial Management exchanges data automatically with the other Financial Management subsystems and with the rest of the CYBER ERP modules.
Can data be migrated from our previous software?
Yes. Raydana's implementation team migrates master data and balances from your previous system and verifies them before go-live.
How are Financial Management users trained?
Training is delivered through individual and group sessions, step-by-step guides and video tutorials, with continued support after go-live.