Is JustFoodERP right for your business?

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Financials are the backbone of any Enterprise Resource Planning (ERP) system. JustFoodERP’s Financials & Reporting capability will provide real-time visibility into the state of your business, allow you to gain greater control, and drive growth.

Costing

  • Ability to automatically allocate costs from production cost centers to work centers and products.
  • Setup as many cost drivers as needed and link them with the supply chain.
  • Allocate cost from work centers to products with a number of methods like quantity, time, or weight.
  • After the execution of the product costing, you can analyze the cost of products to their cost components, which are defined according to your needs. Cost methods are numerous.
  • The Alternate Cost Worksheet supports the ability to compare costing methods for various financial or operational purchases.
  • Item Charges and Document Charges allow you to accrue expected costs. Item Charge Assignment functionality then allows you to associate realized costs against items or documents for reconciliation. Handy for freight, duty, storage, and other associated costs.
  • The Estimates granule allows for the ‘what-if’ analysis for purposes of sales quotes or pricing.
  • Additional features include Standard Cost Worksheet for standard cost updates, as well as Analysis Reports, Item Budgets, Jobs Management, and Resource Management.

Financials

  • General Ledger provides ability to set up a company and post to the general ledger including setup of chart of accounts, general journals, tax facilities, recurring journals and source codes.
  • Full data export to Word or Excel using style sheets and adding links to external documents.
  • Allocations, budgeting, account schedules, consolidations, responsibility centers and XBRL financial reporting standards, change log, intercompany transactions, dimension, bank reconciliation, and multi-currency support.
  • Accounts Payables is integrated with General Ledger and Inventory and is required for the configuration of all other Purchasing & Payables granules.
  • Accounts Receivable is integrated with General Ledger and Inventory and is required for the configuration of all other Sales & Receivables granules.
  • Support for Electronic Funds Transfer, MICR encoded checks, positive pay, and other advanced features.
  • Fixed Assets module to track assets such as buildings, machinery and equipment posting various fixed asset transactions: acquisitions, depreciation, write-downs, appreciation and the disposal of assets. For each fixed asset, you set up depreciation books in which depreciation methods and other conditions used for calculating depreciation are defined.

Reporting

  • Support for Tactical and Operational Reporting
  • Detailed reporting in real-time via Excel reduces user’s learning curve and removes the dependence on IT departments for report writing.
  • Schedule reports for automatic distribution via email.
  • Easy-to-use report designers that integrate Excel functions like charting, pivot tables, and conditional formatting.
  • Full Analytical and Business Intelligence capabilities through Excel or Web-based user interface.

Other Applications

The following applications are designed to work hand-in-hand with Financial Management:

"Financial Management" is part of the JustFoodERP line of products, developed by JustFoodERP.