Financials

Financial Management Solutions: The fully integrated GCS ERP Financial Management Solutions empowers employees to make business decisions by using the same financial information and strategic insights that are available to upper management. Financial Management Solutions help employees:

• Improve decision making
• Improve customer and vendor relations
• Control costs
• Improve user performance

General Ledger:

• Flexible Accounting Structure
• Define how you want to capture and access your financial information based on your unique requirements.
• Comprehensive Journal Processing
• Collect and control data efficiently through flexible, user definable account number schemes
• Record transactions within business units.
• Automatically accept accounting entries from other GCS ERP applications.
• Summarize accounting data automatically by period dates
• Full period accounting features
• Multi distribution journal entries
• Create you own financial statements.
• Use third party tools to extract data to any level

Receivables:

• Powerful Payment and Item Processing
• Easily process and track down payment and account information
• Manage invoices, credit memos, and chargebacks for reporting, history, and inquiry
• Speed processing with:
• Automatic global application with powerful user selected criteria, specified down to the customer level.
• Single screen payment processing of all types of deductions such as deductions, credits and chargebacks
• Automatic chargeback generation
• Support global transactions, including EDI
• Global application and voiding processes
• Independent application for both non-factored and optionally factored documents.
• One click credit memo generation of:
• Return Merchandise
• Markdown authorization
• Chargebacks

Accounts Payable:

Optimize your procure-to-pay process with GCS ERP Payables. Flexible, tightly integrated to all GCS ERP applications, streamlined data entry, vendor maintenance, and powerful inquiry capabilities enable you to manage cash disbursements and collaborate with vendors efficiently.

From invoice capture to payment, GCS ERP Accounts Payables provides automatic evaluated receipt settlement, - reducing costs and enabling your user to concentrate on improving cash flow and vendor relationships. Every supplier invoice related to a purchase both finished goods and materials is validated with receiving, saving man hours of manual reconciliation.

Easy “Pay Bills“ features can automatically adjusts debit memos, create “Master Checks” to vendors or factors based on user selected options. Extensive inquiry and reporting enable users to make timely and intelligent decisions - improving supplier relations.