Tax Management
VAT, special consumption tax, withholding and premium service, corporate and provisional tax returns.
Accounting & Tax
General Accounting ManagementGeneral accounting from journal vouchers to inflation accounting
General Accounting Management covers journal voucher management, the chart of accounts, inventory valuation and inflation accounting. Deferred revenue and prepaid expenses with their accruals, expense distribution and transfer entries, income statement transfer, the inventory list and the perpetual inventory system are managed in this module. It is offered as classic accounting management in ERP packages and as autonomous accounting management in ABM packages.
Automate your accounting transactions and track your business's financial position under one roof.
Which challenges does General Accounting Management address?
- Because commercial transactions are entered into accounting separately, there is a risk of duplicate entries and errors.
- Period-end accrual and transfer entries take a long time.
- Inflation accounting and inventory valuation are calculated in separate spreadsheets.
Key features
The 13 features in General Accounting Management and the packages each one is offered in.
- Journal Voucher ManagementIncluded in all packages
- Inventory ValuationIncluded in all packages
- Inflation AccountingIncluded in all packages
- Deferred RevenueIncluded in all packages
- Deferred Revenue AccrualsIncluded in all packages
- Prepaid ExpensesIncluded in all packages
- Prepaid Expense AccrualsIncluded in all packages
- Chart of AccountsIncluded in all packages
- Expense DistributionIncluded in all packages
- Expense Transfer EntriesIncluded in all packages
- Income Statement Transfer EntryIncluded in all packages
- Inventory ListIncluded in all packages
- Perpetual Inventory SystemIncluded in all packages
Comparison by package
"Included": part of the package. "Add-on": can be added as an option. "Higher tier": not part of this package; available by upgrading to a higher tier.
ERP: Classic Accounting Management · ABM: Autonomous Accounting Management. Learn about the autonomous management model.
| Feature | Micro Business | Small Business | Mid-sized Business | Large Business | Corporate | Enterprise | Tailored |
|---|---|---|---|---|---|---|---|
| Journal Voucher Management | Included | Included | Included | Included | Included | Included | Included |
| Inventory Valuation | Included | Included | Included | Included | Included | Included | Included |
| Inflation Accounting | Included | Included | Included | Included | Included | Included | Included |
| Deferred Revenue | Included | Included | Included | Included | Included | Included | Included |
| Deferred Revenue Accruals | Included | Included | Included | Included | Included | Included | Included |
| Prepaid Expenses | Included | Included | Included | Included | Included | Included | Included |
| Prepaid Expense Accruals | Included | Included | Included | Included | Included | Included | Included |
| Chart of Accounts | Included | Included | Included | Included | Included | Included | Included |
| Expense Distribution | Included | Included | Included | Included | Included | Included | Included |
| Expense Transfer Entries | Included | Included | Included | Included | Included | Included | Included |
| Income Statement Transfer Entry | Included | Included | Included | Included | Included | Included | Included |
| Inventory List | Included | Included | Included | Included | Included | Included | Included |
| Perpetual Inventory System | Included | Included | Included | Included | Included | Included | Included |
Source: Factorbooks product and package scope list. For current pricing and additional requirements, request a quote.
Solutions that include this module
Accounting and tax processes
Period-end processes from journal vouchers to tax returns, and from valuation to e-Ledger.
e-Transformation and digital documents
e-Invoice, e-Archive, e-Waybill, e-Ledger, e-SMM and other e-documents are included in all packages.
ERP for small and mid-sized businesses
In the public cloud, with an annual subscription; start with 1 user and grow with additional users up to a maximum of 20 users.
General Accounting Management: frequently asked questions
Which packages include General Accounting Management?
General Accounting Management is included in every ERP and ABM package. See the comparison table on this page for package-level details.
Which modules is General Accounting Management used with?
General Accounting Management runs on the same platform as these modules: Tax Management, Valuation Management, Digital Transformation Management, Business Intelligence (BI) Reporting. This module is a step in the "Sales to collection", "Period end and tax" process chains.
How does General Accounting Management differ between the ERP and ABM packages?
The ERP packages offer classic accounting management, while the ABM packages offer autonomous accounting management. We show how the autonomous model works for your business in a live demo.
How do I request a demo of General Accounting Management?
Just mention the module you are interested in and your needs in the demo request form. Our sales team will prepare the demo around this module and the related processes.
See General Accounting Management in a live demo
In a live demo we walk through your priority processes together and clarify the package and module scope that fits your needs.