Financial Management System
A comprehensive fully integrated accounting system
Cieloib Cloud ERP Financials Management System is a comprehensive fully integrated accounting system that lies at the heart of Cieloib ERP and comprises of four sub-systems: General Ledger, Accounts Receivable, Accounts Payable and Fixed Assets. Cieloib Financials may be used as standalone, or as an integral part of a total business solution.
Salient Features
General Ledger
- User-defined Chart of Accounts
- Multi-currency
- Budgets - comprehensive suite of routines
- Cash & bank reconciliation
- Foreign currency revaluation
- Multiple financial years
- Multiple user-defined Report Groups
- Enquiry routines
- List views with filtering and export (to excel) options
- Comprehensive reports & illustrations
Accounts Receivable
- User-defined Customer Groups
- Customer addresses, contact details, credit details & turnover
- Multi-currency transactions
- Open item ledger
- On-line ageing of balances
- Allocation of receipts
- List views with filtering and export (to excel) options
- Messaging (Email, SMS, MMS)
Accounts Payable
- User-defined Supplier Groups
- Supplier addresses, contact details, credit details & turnover
- Multi-currency transactions
- Open item ledger
- On-line ageing of balances
- Payments schedules
- Cheques (Saudi Banks formats), Bank Transfers & Remittance Advices
- Allocation of payments
- List views with filtering and export (to excel) options
- Comprehensive reports & full credit analysis
- Messaging (Email, SMS, MMS)
Fixed Assets
- User-defined Fixed Asset Groups
- User-defined depreciation methods for each Asset Group
- Depreciation journals
- Scrapping journals
- Sales of Fixed Assets
- List views with filtering and export (to excel) options
- Comprehensive reports
Transaction
- User-defined Transaction Types with individual access rights
- Multiple transaction processing centres with independent transaction numbering sequence
- Transaction analysis by:
- Account Code & Analytical Code
- Department & Sub-department
- Project (or contract), Customer, Supplier, Fixed Asset & Employee (where applicable)
- User-defined transaction approval process for each Transaction Type
- Periodical Entries
- Automatic reversals of Accruals & Prepayments journals
- Audit trail of transactions logged with User Id & Input Date
- Enquiry
- List views with filtering and export (to excel) options
- Comprehensive reports
Seemless Integration
Cieloib Cloud ERP delivers a suite of integrated applications that function harmoniously, offering comprehensive and powerful software solutions designed for enterprises of all sizes and sectors. Its seamless collaboration ensures that businesses can leverage advanced tools tailored to their unique needs, enhancing efficiency and productivity across diverse industries.
System Screenshots
Need a Consultation? Call Jeddah: 012 6522 391 / 360
