JustFood ERP
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Financial Management for JustFood ERP
Cash Flow Forecasting Module
- Understand your current cash position, forecast short-term cash flow, and monitor cash receipts and disbursements.
- Create multiple cash flow forecasts for different time periods
- Deliver role-appropriate cash flow information via Role Center screens
- Analyze cash flow and take action quickly
Cost Accounting Module
- Gain greater visibility and insight into how your business is performing by monitoring budgeted and actual operating costs, departments, products, and projects
- Synchronize cost information with the general ledger and allocate costs to different cost centers and objects
- Spot budget variances as soon as they occur and take appropriate action
Costing Module
- Ability to automatically allocate costs from production cost centers to work centers and products for ingredients, direct labor, and overhead
- 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 maintain, track and compare costs over time using definable cost factors
- 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
Finance Module
In addition to the billing, invoicing, and budgeting functionality present in leading accounting software, JustFood ERP incorporates data from other departments, such as sales, costing, and manufacturing, into a single system, providing for more accurate and consistent accounting.
- Billing and invoicing
- Accounts payable and receivable
- Budgeting
- Fixed asset management
- Inter-company consolidation (multiple business lines)
- Customer credit management
- Custom approval workflows (new)
- Cost analysis
- Cash flow forecasting
- Multi-currency
- Payroll integration
Financials Module
- General Ledger provides the ability to set up a company and post to the general ledger, including the setup of a 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 Module
- Support for tactical and operational reporting
- Detailed reporting in real-time via Excel reduces the 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
JustFood ERP Modules