Financial Management
Logics Financial Management System is a fullyintegrated fund accounting system designed toaddress the special needs of your financial operations.The System is a full featured, flexible suite of integratedproducts that will automate your entire operation.
Logics Financial Management System includes a full suite of powerful features:
General Ledger
- Unlimited number of fiscal years
- Post transactions across fiscal years
- Work in more than one month at a time
- Capability to validate against budget
- View all transactions whether posted or unposted
- Departmental/user security features
- Display and/or print graphs
and charts
Budget Preparation
- Ability to have multiple
budget scenarios - Export and import budget
worksheets - Ease of budget amendments
- Easily view previous year budgets
Accounts Payable
- Multiple check formats
- Pay invoices from purchase order
- Record expenditures without cash disbursements
- Easily view vendor checks
- Multiple bank accounts
- Automatic bank reconciliation
- Positive pay
- Automatic 1099 printing capability
Purchase Requisitions
- Electronic approval process
- Automatic purchase order generation
- Department/user specific security
Purchase Orders
- Encumbrance control
- User defined security
- Integrated with all other financial modules
- Budget validation
- Maintains multiple billing to and shipping addresses
Inventory
- Provides accurate up-to-date status of stock
- Maintains detailed history for each stock item
- Integrates to General Ledger
Fixed Assets
- Supports GASB34 reporting requirements
- Scan bar-coded property for inventory and receiving
- Real-time tracking andstorage of asset field changes
- Track and manage property ownership and location
- Easy to use custom report writer
- Track multiple funding sources for an asset