Financial

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Are there automatically reconciliation methods with banks, customers, and vendors?

Yes, via bank reconciliation system, you can automatically compare between bank statement and the enterprise statement in order to reconcile the balances in both statements. By the same manner, NAMA supports reconciliation with customer, vendor, or any other individual account.

 

Does NAMA ERP provide a system for financial and sales budgets with comparing between actual and planned balances?

Does NAMA ERP provide a system for financial and sales budgets with comparing between actual and planned balances?

Yes, NAMA provides a special menu for budgets. You can define a scenario of planned budget for purchases account, salaries account, or any other account whether per year or per month. You can define the account budget for a certain cost center or many cost centers. NAMA also provides defining a budget (forecast) for sold items either for a specific item or a group of items (such as drugs or chemicals). You can define many scenarios per customer or salesman to record the expected sales amount for each item (or a group of items) at the level of a specific period or any of defined cost centers such as department, section. NAMA provides a mechanism to calculate the cost of the budget items, and then the expected profit.

Does NAMA ERP provide fixed asset maintenance system?

Yes, NAMA provides maintenance schedule for fixed assets, where you can define dates and times within which fixed assets should be maintained. NAMA supports displaying notification messages for approaching assets in order to set machines in standby mode for maintenance. NAMA supports defining check lists to assure the quality of maintenance process, where the quality controller has to answer the check lists to assure the maintenance process.

May account tree be used by many companies on the same database?

Yes. NAMA allows defining one account tree that includes any number of companies according to commonly recognized accounting rules