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Financial Management

Infor FMS SunSystems Financials integrates general, payable, and receivable ledger functions into a single ledger. In addition, it provides fixed asset accounting and corporate allocations for rules-based redistribution of costs and other values, and is available in more than 20 languages. The solution includes an assortment of modules

Accounting: Provides ledger accounting plus budget and commitment control through a single integrated ledger combining the attributes and functions of nominal, sales, and purchase ledgers; cash books; and analytical/project ledgers. Records up to four currencies per transaction—facilitating full international reporting and analysis—and allows definition of ten budget ledgers to reflect in-house requirements. In addition, offers up to ten analysis codes per entry plus the ability to subdivide them, providing sophisticated and virtually unlimited analytical capability.

 

lnfor FMS SunSystems provides:

Open periods to match the organization’s posting and reporting requirements
Dual base currency, providing full euro and GAAP support
Reconciliation facility—e.g., for bank statements
Sophisticated and flexible ledger inquiry function

Automated calculation of payment terms—e.g., due dates 

Tax reporting, with up to 100 criteria available for selection
Standard text for attachment to transaction types and data records
Commitment and over-expenditure checking
Definition of budgets for up to five analysis categories within a budget account
Optional integrated Fixed Asset Register


Corporate Allocations: Provides support for apportioned and fixed percentage allocations, fixed amounts, iterative charging, and inter-company processing.

 

Features:

High degree of flexibility to define allocation structures
Posting options with tight controls
Comprehensive audit trail to trace all allocations in full

Infor FMS SunSystems Financials is a highly functional and powerful financial management system that provides CFOs with exceptional analysis and reporting capabilities, helping them understand and manage the business like never before. Plus, the solution is designed for rapid, lowcost deployment, providing companies with fast ROI and low total cost of ownership in more than 20 languages.

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