opentaps Open Source ERP + CRM is a great fit for many businesses.Â Find out if it's the right choice for you!Â Are you looking for a opentaps Open Source ERP + CRM demo, technical support, product or pricing information or to simply to compare opentaps Open Source ERP + CRM with competitive options? Quickly get answers and the information you need.
opentaps Open Source ERP + CRM will handle all of your back-office accounting needs. The system has a double entry general ledger to track all of your transactions and create your financial statements including your income statement, balance sheet, statement of cash flows, trial balances, tax summary and detail reports. The system is designed to handle multiple organizations with an unlimited hierarchy of accounts. The budgeting and budget vs actual variance reporting will allow you to track where you stand against your budgets.
When it comes to accounts receivables (AR) and accounts payables (AP) opentaps will meet all your needs. The system will track both vendor and customer invoices. It will handle the recognition and issuance of payments (both from customers and to vendors). If you issue credit to your customers, the AR aging will allow you to track which customers pay quickly and which don’t, allowing you to stay in touch with your revenue streams. The recurring invoicing and scheduled transaction posting allows you to automate regular transactions, saving your staff time and your company money.
The system integrates financial management and accounting with order tracking, inventory tracking and purchasing right out of the box. It will also allow to setup departments, divisions, product lines, activities, etc. to segment all your financial statements and give you an insight into which parts of your business are profitable and which ones aren’t.
"Financial Management and Accounting" is part of the opentaps Open Source ERP + CRM line of products, developed by Opentaps.