Finance

Extended working hours, mismatched data and audit nightmares have usually been a key concern for finance department in organizations. In such a challenging scenario, BatchMaster Finance ERP module proves to be an ideal solution that provides real-time in-depth financial insights and analysis reports. Handling all account-related entries and viewing their impact on whole business, it reflects the complete flow of money as well as total expenditure. This, in a way, helps you analyse how the finance comes and how it is being utilised. Ultimately, helps you take the right decision at the right time.

The seamless and tight integration between the AP, AR and GLs of BatchMaster ERP for Finance with all other modules ensures that every transaction is registered and every entry is punched. You can easily and perfectly visualize the company’s actual financial position at any time. No need of uploads and downloads of data (vendors, customers, invoices, vouchers, transactions, GLs, et al) give way for eliminating redundant data entry.

All sorts of important financial reports, bank/cash transactions, contra entries, void cheque transaction, reconciliation, etc. further streamlines and automates the entire chain of activities related to financial services.

Features

  • Segmental Chart of Accounts
  • Easy import, export, copying of accounts from and to Excel
  • Recurring entries through Excel templates
  • Reversal entries
  • Voiding and reversing incorrect transactions
  • Multi-currency handling with exchange rates
  • Accounting for Exchange Rate Gains/Losses
  • Multi-currency banking
  • Reconciliation of Bank Statements
  • Drill down on Financial Statements
  • Comparative Financial Statements
  • Export Financial Statements to Excel
  • Auto-allocation of expenses to accounts
  • Additional GL
  • Multi-dimensional analysis
  • Multiple budgets and comparison of budgeted versus actuals
  • Vendor & Customer Aging & Statements
  • Payment processing in a range
  • Write-off of excess or under payments in a bulk
  • Purchase & Sales Dashboards to track entries from order to payment/receipt
  • TDS accounting
  • GST accounting
  • 1099 accounting


About Us

BatchMaster Software is one of the market leaders in offering enterprise software solutions for the process manufacturing industries. With an in-depth industry analysis, gained through a vast industry experience with over 2000 implementations worldwide, we clearly understand the unique industry challenges. BatchMaster offers ERP solutions that are apt to support industry specific operations and handles critical processes of the micro-verticals. Process manufacturing companies around the globe have come to rely upon BatchMaster® to manage nearly every aspect of their manufacturing distribution, finance & accounting, Quality Control, Compliance and HR- related operations. With headquarter in Laguna Hills, BatchMaster has its offices in New Jersey, India and New Zealand.
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