Abas ERP Financials  
Much more than financial accounting and cost accounting: fully integrated financials

Tired of walking from one end of your facility to the other? Abas ERP will make that a thing of the past.

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Abas ERP > Modules > Financial Accounting

Abas ERP Financials - Highlights

With Abas ERP, you always know where your costs are hiding. Benefit from efficient processes across departments and workload reduction for your planning and controlling. Check out the highlights and decide for yourself.

Financial accounting

Integration spares you manual work and increases efficiency

Fixed asset accounting

Direct management of fixed assets according to legal requirements and IFRS

Controlling

Management decisions on a sound data basis

Costing & Valuation

Precise knowledge about cost drivers

Material costs posting

Even more cost transparency for the resources used

Reporting

Evaluations using standard reports and Business Intelligence

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Abas ERP Financials:
Highlights in Detail

Abas ERP Financial Accounting

Financial accounting – complete and always up to date

Abas ERP includes all accounting functions – from accounts receivable, accounts payable and G/L accounting, reminders, outstanding items, and cash book through to cash management. The settlement of payments against outstanding items and the transfer of data from purchasing to financial accounting are possible in real time. Thanks to full integration , manual work and switching between different systems are no longer necessary. Liquidity planning, group accounting, and consolidation across multiple clients complete the functionality.

Fixed asset accounting for quickly managing fixed assets

Do you want to manage fixed assets quickly and always keep track of their status and value? Abas ERP generates depreciation suggestions, provides an asset history sheet including a history of all fixed assets, projected depreciation, lists of acquisitions and retirements as well as an overview of the development of the fixed assets. Furthermore, different depreciation methods and common accounting standards are available (commercial law, tax law, IFSR, etc.). If multiple standards are to be used at the same time, Abas ERP offers a series of flexible financial reports.

Abas ERP Financial Accounting: Fixed asset accounting

Controlling for solid decision-making support

Whether year-on-year P&L, contribution margin, revenue, price development in purchasing, stock value or the payment behavior of customers – with company-wide available data you can access operational strengths and weaknesses at all times. Basic functions such as cost object or cost center accounting with the corresponding cost types are available for your controlling. Project cost accounting is also available. Data are merged in real time and visualized with standard or individually created dashboards. This provides you with all important key figures for your corporate management.

Exact costing and valuation

Costing and valuation help you reliably determine costs and delivery times and create optimal quotations on this basis. With Abas preliminary costing , you can find the optimal price and continuous costing allows you to view the current production progress and its costs. The permanent target/actual comparison (preliminary/final costing) and final costing indicate deviations from planning and allow you to quickly react to changes. Valuation provides additional security and transparency in your material and value flow.

Abas ERP Financial Accounting: Material costs posting

Material costs posting for exact values

Abas ERP material costs posting ensures transparent and exact values. All material and value flows are linked seamlessly and allow for exact cost controlling as well as the determination of WIP (Work in Progress) at all times with just the click of a button. If an unexpected invoice arrives weeks later, revaluation in Abas ERP is performed across all levels and automatically adjusts the corresponding valuation chains. The daily stock level display indicates the most accurate price.

Abas ERP fully integrated financial accounting helps you increase efficiency and profitability.

Standard reporting and transfer to Business Intelligence

Abas delivers predefined standard evaluations for your reporting (P&L, balance sheets, outstanding items, balances, lists, etc.) as well as the ability to efficiently analyze crucial information using Business Intelligence (BI). You can use Abas MS SQL Connector to transfer data to your BI system or connect our BI Reporting & Analytics (a solution from Abas adapted to your requirements). Data for ad-hoc analyses can be easily transferred from Abas ERP to MS Excel via drag and drop.

Abas ERP Financial Accounting: Standard reporting and BI

Functional Areas 

Abas ERP provides a wide range of features with which you can manage your daily tasks. All features are available to you in a fully integrated, comprehensive package and provide you with continuous support in managing your company.

Scheduling
Production
financial accounting
Financial Accounting
costing
Costing
customization
Customization
sales
Sales
purchasing
Purchasing
controlling
Controlling
reporting
Reporting
connectivity
Connectivity & IoT
Order Processing
aps
Advanced Planning & Scheduling
dashboards
Dashboards
Document Management
Multisite
Multisite
mobile-app
Mobile Applications
pdc
Plant Data Collection
einvoice
eInvoice
automotive
Automotive & Supply
edi
EDI
service
Service
service assigment planning
Service Assigment Planning
project management
Project Management
qm
QM
warehouse
Warehouse
References