The financial management in RPS is grouped under two principal modules, the module of Accounting that permits global management of the accounting environment, specifically: General accounting, Taxes, Analytic accounting, Budget accounting and property management; and secondly, the treasury module that gathers all functionalities relative to the accounts receivable and payable.
“Financial operation for the global and extended industry”
- Automatic integration of entries arising from any financial or property movement of the company.
- Wizard for introducing accounting entries: entry types and note templates and modification of the type of entry.
- Display of the accounting breakdown of debts to third parties.
- Manual and automatic bank reconciliation.
- Loading of bank statements according to the rules of each country depending on the location availability.
- Classification of the accounting information by origin via various journals and accounting concepts.
- Treatment of the specifics of each company for VAT purposes, including VAT paid and charged.
- Tax information (Purchase Ledger, Sales Ledger and VAT settlement).
- Official documents according to legal regulations in each country depending on the location availability.
- Budgetary control by character, costs and projects.
- Assisted Provisional Closing of the tax year. Automatic opening.
- Legal Reports (list of journals, ledgers, normal and consolidated trial balance, list of ERS).
- Customisable reports of the annual accounts.
- Consolidation of financial information.
- Budgetary control of analysis by department and project with the possibility of printing statement of movements.
- Management of fixed capital assets with different depreciation criteria per item including depreciation simulation.
- Lease contracts and loans with fixed and variable interest rates. Payment of fees, reclassification of the period and option for purchase.
- Automatic generation of the effects arising from invoices and credit notes.
- Automatic accounting and automatic analytical allocation of the effects managed in collection and payment processes.
- Calculation, accounting and analytical allocation of interest, exchange differences, commissions, expenses and VAT associated with the management of collection and payment for each bank.
- Treatment of remittances at discount and at maturity.
- Payment collection management.
- Management of payments through instalments, money orders, transfers, cheques and promissory notes, controlling issue date of the last two.
- Local bank norms in each country depending on the location availability.
- Parametrisation of other means of collection and payment used by the company.
- Management of arrears and claims.
- Division and draft group.
- Payments to customers.
- Other planned payments not related to purchases, credits (rent, insurance or those specified by the company).
- General or discriminating Treasury Forecast by collection manager, bank, means of payment and collection, and situation of the effects.
- Receipt printout justifying the payment made.
- Non-payment log.
- Internal tool for managing the Company Accounts, independently or integrated with all areas of the company.
- Generation of all reports required by the Authorities.
- Accurate information for controlling the current situation and for the treasury forecast.
- Accurate information for negotiation with the financial entities.