Finance Management and Accounting

With the Finance Management

from COMAX
Your money goes further!

From POS terminal to balance sheet

The finance management system from COMAX allows you to integrate the financial and the logistics sides of your organization.

ISAE 3402 (formerly SAS70) compliant, the system provides all the accounting operations up to preparation of the balance sheet for accountant approval.

The system enables online reporting of VAT, budget and cash flow management, work hours management and integration with payroll software, bank and credit card reconciliations, importing of bank and credit card statements, and defining of interactions between companies.

The finance system is based on years of experience and work, especially retail needs, and is unique in providing an integrated solution from the line of POS terminals to the balance sheet as well as comprehensive employee, inventory and procurement management.

So, let's talk then?

Commands / books:

Balance sheets:

BI analytics and reports system:

POS terminal customers

Vendors:

Institutions:

Banks and credit card companies:

Set up bank accounts
Automatic bank reconciliations
Create setting-based journal entries and import the bank reference number
Automatic payment of deferred – work with a shadow account in order to keep the books reconciled with the bank account
Import bank statements

Work hours.

Export work hours and employees to third party software
Report attendance
Work hour budget
Report hours – with a breakdown of what was done
Define pricelists for a customer according to work hours

Additional capabilities:

Budget: costing budget, accounting budget
Forecast: cash flow
Collateral: manage collateral and guarantees, vendors
Loans: record and manage loans
Imports and exports: retrieve and transfer data to foreign systems

Fixed asset management system

The fixed assets management module is incorporated in the COMAX finance management system, and as such, is automatically updated upon the purchase and procurement of fixed assets in the ERP system.
The software enables the management of assets, capital gains and depreciation calculations from the moment the asset is purchased until it is sold.
With the fixed assets module, you can produce full reports for income tax, capital gain and depreciation loading.

What can you do with the fixed assets management system? Some examples

Vehicle fleet management

The vehicle fleet management software from COMAX puts you fully in charge of one of your organization's most expensive resources, your vehicle fleet. The system is an integral part of the finance module, and as such, every update in the ERP system and in the vehicle fleet management module is automatically updated in the company's other systems.
Thus, for example, you can manage the vehicles in the salary calculations for each employee, in working with vendors, and in the fixed assets management system.