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Flexsuite Accounting

At the end of the day, it’s important that your business has accurate accounting, but it’s also important that this comes with ease. Your accountants shouldn’t have to rummage through multiple software to try to tie things together.

At the end of the day, it’s important that your business has accurate accounting, but it’s also important that this comes with ease. Your accountants shouldn’t have to rummage through multiple software to try to tie things together.


Basic Features in Flexsuite Accounting

Invoices and Payments
With Flexsuite, you can create & send invoices manually from the Invoicing app or directly from the Sales app. You can split an invoice into multiple payments or split a payment into its multiple invoices. From the payments side, you can track and pay for supplier invoices, as well as employee expenses. These different transactions can be made through credit card, payment gateway connectors (PayPal, Authorize.net, etc.), wire transfers, or by printing and mailing checks. All this data directly integrates with the Flexsuite Accounting module.

Reconciliation
Flexsuite Accounting also makes it easy for you to reconcile your invoices with your banks and other systems. You can integrate your banks and the system will automate reconciliation for you. When it’s not sure, it will make suggestions, speeding up your reconciliation process.

Reports
Important to any business are accounting reports such as profit and loss, cash flow, tax audit statements, and more. Flexsuite allows you to easily create such reports from your internal data. You can also customize your dashboard, so it shows charts and KPIs important to you.

Real-time WIP Journal Entries
Accountants would like to have an accurate count of where the value is in their business at any time. For manufacturing companies, it’s useful to know how much is in inventory, work-in-progress (WIP), finished goods, etc.

Flexsuite Accounting does offer WIP journal entries for manufacturing orders, but it processes these after production is over. As such, accountants only have accuracy based on the length of the manufacturing cycle.