Full integration ensures a seamless connection between operational processes and postings. For example, a leased asset is automatically capitalized in Asset Accounting when the contract is activated. All business transactions in the operational processes are also automatically posted to financial accounting without any further action on the part of the user (e.g. advance notices, redemptions, fees, insurance claims, terminations, etc.).
Authorized users have the option of navigating from balance sheet and income statement items to the underlying items and from there directly to individual contracts.
Accounting and presentation in accordance with various accounting standards (HGB, UGB, OR, IFRS)
Asset accounting: mapping of capitalizations, acquisitions, depreciation, impairments, increases in value and disposals, bank account management with multi-currency capability, intercompany postings
Flexible and easily definable account schemes for displaying and evaluating charts of accounts, budgets, cash flow statements and cost types Cash flow planning