Accounting Management System

Having access to key financials and reports is critical to your success. With AWAEL Accounting Management System, you get comprehensive tools that allow you to control all your financial data and processes. And since the Accounting Management System in AWAEL accounting are integrated with your sales, support, shipping and receiving functions, you get real-time financial data directly from those departments, enabling faster, smarter business decisions.

• Multi-currency transactions and reporting: Companies that have offices in other countries, or those that frequently do business with foreign companies, must record and track transactions in foreign currencies. The automated currency revaluation feature simplifies

the period-end close process by generating adjusting journal entries to reflect exchange rate fluctuations on any open accounts payable or receivable transactions.  Plus, with AWAEL financial management capabilities you can price your items in multiple foreign currencies to ensure customers see only current exchange rates and prices.

•  Multi-cost center

• Accounting auto numbering

• Accounts receivable and accounts payable: Gain full financial visibility into your payables and receivables with real-time access to outstanding invoices and bills. Reducing paperwork and improving efficiency.

• Budget management services: Use AWAEL budgeting capabilities to capture your business objectives for the coming financial year. You can also generate upto-the-moment comparative reports with our financial management software to evaluate your spending. New

functionality includes multiple budgets and import/export to Microsoft Excel®.

• Cash flow management

• Cheques flow management

• Notes management

• Financial statements

• Customer relation management: When creating a new customer, contact information, as well as other information like customer class, customer receivables aging reports, etc, will be available.

• Bill payment