About Financials

SunSystems Financials is an integrated accounting system providing these functions in a single, combined ledger:

  • General Ledger
  • Accounts Payable/Purchase Ledger
  • Accounts Receivable/Sales Ledger
  • Client Ledger
  • Budgeting
  • Corporate Allocations
  • Consolidation
  • Project/Job Costing
  • Report Writers

Using the system is simple yet advanced enough to meet a wide range of accounting requirements. You control all the accounting structures, entry types, processing rules and reporting functions and you can tailor them to fit your business requirements.

The Single Ledger Concept

SunSystems Financials maintains all of your accounting details within a single, integrated ledger. You do not require separate receivables and payables ledgers, project ledger, or fixed asset register.

This integration and the real-time processing ensures that all accounts are always up to date and in balance. It also avoids the requirement for data duplication and reduces the possibility of error. The single source of financial data means that reports and inquiries always reflect an accurate position.

All ledger entries are held in the single ledger and can be held for as long as you require. You can attach multiple analysis codes to each entry, to each account, and to an number of other useful data entities. These analysis codes allow you to extract and report on your data in many different ways, according to your business requirements. You have complete control over the analysis codes, and reporting structures. The single ledger environment allows you to report across all ledgers, accounts, accounting periods and analysis codes, at any level, as required.

Dual-Base Currency

SunSystems Financials provides dual-base currency processing throughout the entire accounting suite. Three currencies can be held against any transaction: base currency, transaction currency and reporting (or second base) currency. This enables users to buy, sell and stock goods in any currency. It also enables users to report back to overseas parent companies in the currency of their choice.

These currency facilities provide full euro-compliance and enable GAAP processing and reporting.