ADVANTUM Financials

ADVANTUM Financials is a powerful platform providing for multi-currency, multi-company, multi-supplier processing with multi-principals segregation. This solution provides seamless integration of critical areas of accounting namely: general ledger, journal voucher, accounts payable, accounts receivable, fixed assets and cash management. The solution can also interface with other modules within the ADVANTUM software suite, and also has an optional Ship module for use by Ports.

General Ledger

• Define general ledger and sub-ledger accounts
• Prepare and manage budgets
• Generate General ledger and trial balance reports
• Monthly updates of general ledger and sub-ledger balances
• Financial year close off
• Late entry adjustment
• General ledger rerun

Accounts Payables & Receivables

• Process transactions with suppliers of goods & services
• Monitor due date of purchase invoices
• Process payment by cheque
• History of payments made to each vendor
• Produce ACH files for interface with banking platforms

Journal Voucher

• Create and process journals and recurring journals

Fixed Assets

• Maintenance of fixed assets
• Post fixed asset depreciation
• Generate fixed asset register
• Fixed assets revaluation

Cash Management

• Record and approve bank transactions
• Record and approve bank transfers
• Process Bank reconciliation

Reports

• Generate financial reports
• Generate audit trails
• Generate Customer statements
• Generate trial balance
• Generate accounts payables and accounts receivables reports

Vessel Module (Optional)

• Maintain line vessel & reported date information
• Generate vessel transaction reports