Financial Accounting
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Best Conditions for Your Success. rs2 ACCOUNTING & CONTROLLING Optimized Accounting backs Commercial Success “We have been searching for an integrated solution. rs2 dis- plays every business process in one system and thus enables efficient management control. Dieter Klauss CEO Sikla GmbH Completely Integrated. As one of the most important components rs2.Accounting integrates smoothly into the rs2.ERP Suite. The main emphasis is on the integration of logistics and production as well as the document management system regarding documentation of business processes. The rs2.Accounting contains the rs2.Accounting system and the rs2.Controlling system. The Accounting system provides the calculation of revenues, expenses and profits of the entire enterprise namely in retro- spect. Financial accounting and consequently the profit and loss statement plus balance sheet, assets accounting and consolidation belong to the accounting system. These components are must tools because every enterprise is legally obliged to use them. The controlling system supports detailed planning and monitoring of profit and liquidity. The rs2.Controlling system contains decision oriented instruments: Cost center accouting and cost unit accounting, liquidity calculation and project calculation namely planning, actual calculation, control account. 2 rs2 BUSINESS SOFTWARE rs2 at a Glance. + Financial Accounting + Assets Directory + Consolidation + Cost Accounting + Liquidity Calculation + Budget Accounting + Project Calculation rs2 ACCOUNTING & CONTROLLING + +CRM/TAPI MIS + Proposal system + +EDI/File CRM Manager + Procurement + +DM EDI/DatenmanagerS/Archiving + Warehouse Management / + +Workflow Graf. Technikerplanung Support Random Storage + +Project Workflowunterstützung and Time System + Repair Processing + +MI Archivlösung*S + Maintenance Contracts + Personnel Calculation* + Leasing / Rented Goods Management *integrierte Partnerlösung rs2 + Telephone Sales rs2rs2 PLUS FEATURES rs2 LOGISTICS + Sales Planning + Capacity Planning + Scheduling + Contract Manufacturing & Serial Production + Pre and Post Calculation + MES* + CAQ* rs2 PPS * Integrated partner solutions rs2 BUSINESS SOFTWARE 3 Financial Accounting. Modern Financial Accounting for Substantial Decision Making. The rs2.Financial Accounting supports apart from classical account assignment a multidi- mensional accounting matrix. Data have to be entered only in one system and are being transferred automatically to other systems. Thus error while entering or transferring data can be avoided, the double tracking of accountancy doesn t occur. This provides an overall pro- ject controll for the user up to payment flow level. rs2 can easily be adapted to sectoral requirements und provides all legal validation and inter- face (Finanzonline, ZM, UID Online checks, bank data medium, …). Due to the integrated drill down functionality data can be analysed down to the single business process. Partial bil- ling and final invoice allow different proceedings. It s up to you to decide if partial billings are being cancelled automatically, if it is a question of individual service or how discount should be booked. It s self evident that tax is due not until payment or partial payment. 4 rs2 BUSINESS SOFTWARE Electronic Banking Plus. From now on you receive your bank statements electroni- Financial Accounting. cally. The electronical data transfer doesn t solely limit to n Electronic monitoring of incoming invoice with integrated archiving standardized handling of suppliers remittances but estab- lishes the reverse way of electronic bank data exchange in n Multi-client capability case of customer payment. rs2 memorizes essential infor- n Cash accounting mation of data sets transferred from bank to the custo- n Payment by installments mer s system. In further consequence rs2 finds the out- standing items in accountancy and automatically creates n Multilingual dunning booking proposals. n Basel II data preparation n Continous drill down functionality Create Transparency in Profit Center. The profit center accounting and the breakeven analysis n Investment monitoring provide answers to the following questions due to the drill n Multidimensional accounting down functionality: What do I earn per customer? Which (cost center, project, profit center) products earn high profit margins? Which product field n Standardized output formats makes profit? Special issues such as organisational hand- (Electronic banking, Finanzonline, ling with cash discount and rebate plus bonus calculation ZM, Elster) are fully automated which makes you safe time and money. n Balance confirmation n Rolling account presentation Payment Flow under Control. rs2 supplies important information about dunning and pay- n Accounting interface to tax consultants ment performance of your customers and suppliers. You n Standardized external accounting can monitor the historical development by means of the interface customer and supplier roundup. Customer s creditworthi- n Partial billing and final invoice support ness is calculated due to payment performance. n Retention resp. retention of invoice Furthermore a credit assessment system or a assignment on account bank can be integrated into the funding process. n Automated clearance of payments applied to customer s remittances Well Built. Retention resp. retention of invoice on account associated with the due payment are administered with rs2 and can be evaluated at any time. Financially rs2 seperates auto- matically in short-time or long-term liabilities. In order to keep track of the outstanding items per construction site an overview of the construction site s open items has been created. With revision forecasts can be customized to the actual trend. rs2 BUSINESS SOFTWARE 5 Consolidation and Assets Accounting. rs2.Consolidation. Consolidation. The rs2 consolditation allows to create and analyse your n Flexible consolidation scope consolidated financial statements. It can be performed on n Different conversion methods for the level of cost center and cost unit for a random time currency conversion frame. The consolidated figures can be corrected with an n Analysis of individual consolidation levelsn adjusting entry, the result can be presented in according n Intercompany traffic reports. n Consolidation of cost centers Additionally rs2 provides the presentation of consolidated n Exclusion of company-internal bookings data in a corporate overview. Thus you receive more n Consolidated data presentation detailed information about the development of assets and of a corporation liabilities. n Consolidation verification for every single account A preview possibility of the consolidated financial state- n Juridical consolidation ment enables scenarios and simulations. Financial state- (HGB, IFRS/IAS and US GAAP) ments can be retained by automated booking to compen- n Allocation of corporation account numbers sation accounts. for merging different accounts Foreign currency clients can be translated to the accor- of affiliated companies ding closing rate resp. mean rate and subsequently con- n Additional bookings for consolidated solidated easily. financial statement 6 rs2 BUSINESS SOFTWARE rs2.Assets Accounting. Assets accounting. Assets accounting gathers and manages a company s sub- n Assignment of an asset to various stantial assets. rs2 enables easy handling of entries and cost centers / cost units derecognition of fixed assets, the calculation of deprecia- n Drill down to master document from tion plus the booking of non-scheduled depreciations. assets account display Adjustable asset master data allow technical information n Various depreciation methods to be adequately filed as assets. Depreciation methods (performance-dependent, declining, and revaluation methods included in the rs2 system can linear, extraordinary depreciation of fixed assets, low value fixed assets - write-off) be allocated to the assets. n Integrated into financial accounting One Module – Many Depreciation Methods. and cost accounting Depreciations are being supported by the following valua- n Partial disposals, adjusting entry tion regulations: commercial law of the particular country, n Derecognition with and without partial fiscal law of the particular country as well as IFRS/IAS calculation of depreciation and US-GAAP and imputed (monthly). The functionality n Appreciation in value includes data transfer from financial accounting to insu- n Parallel managed invoicing group rance value and repair costs to managing inventory lists. n Extensive reporting Extensive Reporting and Complete Integration. n Inventory for assets rs2.assets accounting delivers profound analysis such as n Management of facilities under development of the fixed assets, stock register, asset ana- construction lysis, entry and derecognition list, or insurance lists. n Logging functionality rs2.assets accounting is fully integrated into rs2.financi- n During the year handling al accounting and the other rs2 modules. Thus you can keep track of the asset values and the accrued deprecia- tions at any time. Precise Analysis for Ample Scope. rs2.assets accounting enables a precise view of value, amount of depreciation and method of depreciation of an asset. With the asset preview the future development of the asset overview can be displayed in order to make use of tax benefits. rs2 BUSINESS SOFTWARE 7 Controlling as Key to Success. Business Planning with Advantage. Detailed planning and monitoring implies not only bugeting the proceeds and expenses of the enti- re enterprise