Finance & Accounting
Finance & Accounting in the FASTPROFIT.5 ERP system gives you complete over your company’s financial operations and documentation. It automates transaction processing, monitors payments, and generates comprehensive reports — ensuring accuracy, saving time, and delivering full financial transparency.
ACCOUNTS RECEIVABLE & PAYABLE
The Accounts Receivable & Payable module enables the management and processing of financial transactions with customers and suppliers, including the handling and reconciliation of foreign exchange differences.
FINANCIAL REPORTING
With proper configuration, the FASTPROFIT.5 ERP system enables the efficient generation of financial statements, JPK files, and Intrastat reports, automatically created based on purchase and sales documents as well as accounting reclassifications.
- The module includes tools that streamline data exchange with banking systems, enabling payment order preparation, batch export of payment files, and automated bank statement imports.
- Additional registers for accruals and fixed assets support periodic cost recognition within the appropriate accounting periods.
- Advanced posting schemes allow documents created in the system to be automatically posted to the general ledger through predefined accounting entries.
COLLECTIONS & NETTING MODULE MANAGEMENT
Streamlines the management of receivables and payables within the Accounting and Finance departments.
The module allows rapid identification of counterparties eligible for mutual offsetting of receivables and payables, with automatic document generation, printing, and posting.
Balance confirmations, in compliance with accounting regulations, can be produced for a selected date — either for all counterparties or individually — providing flexibility for routine and ad hoc reporting needs.
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Payment Reminders enables automatic reminders to customers about upcoming payment deadlines and the generation of payment notices tailored to the degree of overdue balances.
Interest can be applied collectively or per customer, based on individually agreed rates, statutory rates, or rates used in commercial agreements.
FASTPROFIT.5 ERP FINANCE & ACCOUNTING FEATURES
- accounts receivable & payables management,
- cash & payment card operations,
- payment orders and bank statement integration,
- customer receivables,
- supplier payables,
- multi-currency management and FX revaluation,
- document posting and ledger entries,
- accounting posting schemes,
- periodic cost allocation,
- fixed assets accounting and tracking,
- Intrastat, JPK, financial statements, VAT, reports,
- transaction netting and offsetting,
- balance confirmations,
- automated payment reminders and interest charges.