A Powerful General Ledger
The center of your accounting system, OMS provides powerful divisional and departmental accounting functions. Maintain your journal, log journal entries, generate audit trails, and create financial statements. Decrease the amount of time needed on arduous accounting tasks while boosting control of your company’s financials.
With the OMS General Ledger at the center of your financial system, you can:
- Print financial statements for every year
- Budget forecasting for inquiry and reporting at any time
- Produce Balance Sheets and Income Statements prior to month-end close
- View expenses and income by category, and compare them to your initial budget or prior years
- Produce an audit trail to monitor business activity to find errors
A/R, A/P, All Right
Manage credit and collection tasks with less strain on your employees. Track every aspect of your sales and receivables in a timely manner, and make the most of your sales trends.
With the OMS Accounts Receivable module, evaluate your top customers and delinquent customers. Entry is efficient and flexible with an easy-to-use integrated transaction entry functions. You’ll save time with online invoicing, and OMS gives you the flexibility to deliver invoices, statements, and billings by email or printed depending on the customer preference.
The OMS Accounts Payable module lets you prioritize, in real-time, your vendor payments and decide the best time to make payments. Optimize your cash flow and determine the vendors you use the most who can offer the best discounts. View historical data for an unlimited time period in detail or in summary, and view and select payables to be released for payment. OMS can also generate checks from your choice of bank accounts.
The OMS Bank Reconciliation module lets you know which checks have cleared, which transactions are outstanding, and determine exactly where your money is at all times. Find errors and reconcile difference fast and simple. Clear transactions with a single mouse click, or all at once in a batch.
OMS gives you the information you need to make the most out of your capital, managing multiple bank accounts for A/R and A/P, as well as commission gives you the flexibility to handle where your money is coming from and going.