Financial
With Wholesale, you conduct effective financial management. It offers you all the functions you would expect from a financial application. Moreover, the financial administration is fully integrated with your purchasing, sales and logistics processes.
Parts
Functionalities Administration
General
In general, you can make a full integration with the logistics modules, you have an unlimited number of accounting years, multiple consolidation accounts and levels are available, and you can easily create information screens.
General Ledger
In general ledger you can create your own layout of the chart of accounts per administration, separate costs and revenues into cost centers and cost carriers, book in multiple periods or financial years, compile annual accounts and define your own overview screens with financial information.
Billing
In invoicing, you can invoice products sold, by sales order or by packing slip, invoice orders without delivery directly, add unlimited free text fields in sales and service invoices, and have the ability to reprint invoices.
Automatic payment
With automatic payment, you can select invoices to be paid based on: creditor, invoice, due date, currency, payment condition and amount, partial payments are possible and you can set a layout payment specification per creditor.
Debtors and creditors
In accounts receivable and accounts payable, you can make full integration of the subbooks with the administration, create multiple account statements and multiple statuses per account statement, define an unlimited number of delivery conditions and make credit age adjustable per debtor.
Continued Financial
With follow-up financial you have a complete history always readily available, you can select open item statements by reference date and by end of period, select automatic VAT declaration and specification by month, quarter and year, and electronic tax declaration VAT and CPI.
Fiattering
Approval allows you to define different approval routes, link route to supplier or currency based on amounts, create partial approval invoices and record comments.
Parts
Functionalities of financial
Belgian administration
With Belgian accounting you can select accounting principles according to Belgian legislation, electronic banking according to Belgian specifications for Belgium, invoices and credit notes in separate diaries and SEPA banking format is supported.
Telebanking
With telebanking, you can read and process daily statements from the bank, link with automatic payment and direct debit, adjust different bank and giro numbers automatically with the debtor/creditor and set a maximum amount for European payments.
Collection
Collection allows you to create a selection of invoices to be collected based on: debtor, invoice, due date, currency and payment condition, set off credit notes, and it is possible to reverse collection invoices that have not been received, reversed.
Currency management
Currency management allows you to capture historical rates, record and manage forward transactions, create reports based on current or historical rates, and create a clear view of the currency position.
Fixed assets
Fixed Assets allows you to select fiscal and business depreciation, straight-line and declining balance depreciation, classification of assets in different groups, and to make entries of depreciation to different general ledger accounts and cost centers.
Budgeting & commitments
Budgeting & Reliefs allows you to create multiple budgets per fiscal year, such as a draft and final budget, distribute budgets via cost center and cost carrier distribution keys, create a budget distribution according to fixed (linear) or percentage (variable) period distribution, and track debtor/creditor invoices in multiple foreign currencies.
4D registration
With 4D recording, you can differentiate costs and revenues by cost centers and cost carriers and select four freely definable dimensions.
Current account
Current account allows you to book directly from one administration into other administrations, process debtor and creditor payments, and connect to the Telebanking module.
Credit management
With credit management, you can schedule actions and debtor-specific action paths, process debtor and creditor payments, and create an overview of correspondence and debtor history.
Find out how Wholesale can work for your wholesale business
Our consultant will be happy to visit you and listen to what your business needs.
