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Finance Management

Overview

Kingdee develops the solution to help enterprises to build financial management and control systems comprehensively. The purpose is to help enterprises to get a profound understanding of overall corporate operation situations from a financial perspective, and reduce financial and business risks through integrated financial management systems like financial accounting, fixed assets management, current account management, and capital management.

WorkFlow

Business Process and Modular Functionalities

The system presets chart of accounts, financial statements (Statement of changes in owner‘ s (Stockholders ' ) Equity is added), and provides a variety of inventory pricing methods according to the new Accounting Standards for Business Enterprises. It also provides options such as "The reverse of depreciation reserves is not allowed" and regulates the handling of fixed assets depreciation reserves. Additionally, the system provides tools to help enterprises shift from old to new accounting standards seamlessly. The system supports the management of multiple accounting books across multiple accounting periods to satisfy foreign customers' requirements for financial management in China.

G/L management: The system provides accounting functions, such as voucher processing, withhold and amortization, auto-transfer, foreign exchange adjustment, and carry forward profit and loss. All these functions revolve around voucher processing. The system also provides financial management functions such as budgetary accounts, calculation of accrued interest, current accounting, and cash flow tables. With the unique function of analysis items, the system can facilitate lean accounting of various businesses. Additionally, the system delivers diversified accounting books and financial reports to help corporate executives learn about corporate financial and business operation in time.

Report management: With the operating methods similar to those for E-spreadsheets, the report generation tool in the system supports report generation, query, review, and printing as well as related query of G/L and subsidiary ledgers up to voucher and report analysis, and report release. Through flexible and richly available access formulas, the system can help enterprises access data from K/3 ERP modules accurately and rapidly to provide basis for corporate management analysis.

G/L management: The system provides accounting functions, such as voucher processing, withhold and amortization, auto-transfer, foreign exchange adjustment, and carry forward profit and loss. All these functions revolve around voucher processing. The system also provides financial management functions such as budgetary accounts, calculation of accrued interest, current accounting, and cash flow tables. With the unique function of analysis items, the system can facilitate lean accounting of various businesses. Additionally, the system delivers diversified accounting books and financial reports to help corporate executives learn about corporate financial and business operation in time.

Report management: With the operating methods similar to those for E-spreadsheets, the report generation tool in the system supports report generation, query, review, and printing as well as related query of G/L and subsidiary ledgers up to voucher and report analysis, and report release. Through flexible and richly available access formulas, the system can help enterprises access data from K/3 ERP modules accurately and rapidly to provide basis for corporate management analysis.

Cash management: The system can help enterprises manage cash, bank deposit, notes, and current account settlement comprehensively, and generate capital analysis reports in time. This function can facilitate the integrated application of logistics (purchase and sales), A/R and A/P, and cash management systems. Accountants generate vouchers automatically according to revenue and expenditure data entered by cashiers and transfer them to the G/L system to help enterprises supervise the capital turnover, balance, and shortage as well as the corporate financial status.

Fixed assets management: By focusing on fixed assets, the system can build complete accounts for fixed assets, and perform the accounting of fixed assets changes as well as depreciation provision and allocation. The system provides diversified assets management and accounting methods, and supports the query of fixed assets data by any combination of conditions. These functions can help enterprises perform statistical assets analysis as well as assets depreciation and cost analysis, master the quantity and value of fixed assets comprehensively, track the use of fixed assets, and strengthen asset management by enterprises and public institutions to improve their asset utilization rate.

A/R management: The system supports the management of all A/R activities which involves A/R contract management, sales invoices, payment collection, refund, management of notes receivable, and A/R settlement. Additionally, the system delivers integrated business management functions such as automatic generation of vouchers, management of bad debts, credit management, AR expiry pre-warning, and automatic reconciliation with G/L and accounts of business partners. The system also provides aging, receipts, and sales analysis reports. On one hand, these functions can help enterprises check business with their partners more efficiently, shorten A/R occupation duration, and accelerate capital turnover. On the other hand, they can help enterprises expand markets by using customer credit efficiently at the expense of the minimum losses incurred by bad debts.

A/P management: The system supports the management of all A/P activities involving A/P contract management, purchase invoices, payment requests, refund, management of notes payable, and A/P settlement. Additionally, the system delivers integrated business management functions such as automatic generation of vouchers, AP expiry pre-warning, and automatic reconciliation with G/L and accounts of business partners. The system also provides aging, payment, and trend analysis reports. These functions can drive enterprises to pay A/P in time and allocate capital properly to improve their capital utilization rate.

Cash flow table: The system generates T-accounts consisting of cash items by accessing and splitting vouchers automatically to identify the cash flow directions and types, and generate main cash flow tables automatically. Meanwhile, the system can automatically generate accompanying cash flow sheets based on net profits by adjusting items related to net profits to strengthen the monitoring of cash flow.

Success Story

  • Groupama (Insurance)
  • George Armani
  • KIABI
 

Contact Us

Corporate Headquarters

Kingdee Software Park, 2 Keji 12th Road South, High-tech Industrial Park, Nanshan, Shenzhen 518057, P. R. China.
T: +86-4008-830-830
Email: kd_international@kingdee.com
Website:http://www.kingdee.com/en

Asia Pacific Headquarters

Suite 1501, Central Plaza, 18 Harbor Road, Wanchai, Hong Kong 
T: +852-2157-9390 
F: +852-2157-9553 
Email: asiapac@kingdee.com
Website:http://www.kingdee.com.hk

Singapore Office

67 Ubi Avenue 1 North Wing #06-03 Starhub Green, Singapore 408942
T: +65-6224-8283 
F: +65-6224-8384 
Email: singapore@kingdee.com.sg
Website:http://www.kingdee.com.sg

Taiwan Office

No.237 12F-7 Songjiang Rd., Zhongshan Dist., Taipei City, Taiwan
T: +886-2-2777-1208 
F: +886-2-2777-3238 
Email: kd_twenquiry@kingdee.com
Website:http://www.kingdee.com.tw

Malaysia Office

Level 8, The Nomad Pavilion KL
168, Jalan Bukit Bintang
55100 Kuala Lumpur
Malaysia
T: +603-9205-7798
F: +603-9205-7788
Email: enquiry@kingdee.com.my
Website:http://www.kingdee.com.my