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Accounting and Finance Management

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Accounting and Finance Management

Financial reporting in compliance with IFRS standards

Cash flow planning and management

Income and expense accounting

Operating results drilled down to each transaction

Fixed and intangible asset accounting and lifecycle management

Finance and Accounting Features

Allocation of additional costs to cost of goods
Exchange rate differences
Personnel expense reporting
Fixed asset management
Bank reconciliation
Accounts payable and receivable
Profit and loss statement
General ledger
Payment schedule
Cheque, bank and cash entries
Multicurrency
Cost accounting
IFRS-compliant accounting for all business transactions
Cash asset balances
Check clearing date control
Income and expense structure
Cash flow statement

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Finance and Accounting Management ERP

Built specifically for small and mid-size businesses: construction, trading, and manufacturing companies, the CLOUD360ERP finance module offers all the features you need to maximize profits and prevent financial fraud. It also helps stay compliant with local and international guidelines. Moreover, the software is regularly updated to reflect the changes in laws and regulations.

CLOUD360ERP finance and accounting software features are created according to IFRS standards, and the support team is based in Dubai. It is also VAT-compliant and allows you to automate calculations just by entering the data.

Accounting Records

IFRS Compliant: CLOUD360ERP system follows IFRS strategies for all business transactions, making it easy to increase transparency and accountability of financial statements.

Cost Accounting: Keep track of your business expenses to determine where to cut costs.

Cash, Cheque, and Bank Entries: No matter how you make or accept payments, you can make quick entries and track all transactions in one place.

Exchange Rate Differences and Multicurrency: Stay atop the dynamic exchange rate differences of multiple currencies and make/accept payments for your construction, trade, or wholesale business transactions.

Period-end Closing: Prevent duplicate entry mistakes and keep your accounts ready for audit (and tax) with period-end closing (month/year).

Additional Expense Allocation: Construction, trading, wholesale, and distribution are highly dynamic businesses. Use this feature to understand and control the actual cost of sale.

Personnel Expense Reporting: Track how much your employees spend on business expenses. (travel, phone, etc.)

Accounts Payables and Receivables: Stay atop the money you owe to vendors and what your customers owe you.

Cheque Clearing Date Control: Manage when you want the cheque cleared to prevent bounced cheque issues.

Payment Schedule: No missed payments with our payment schedule feature.

Cloud 360 IT Solutions