Financial


	Financial Series
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	Dynamics-SL Financial Series comprises the core accounting applications of Dynamics-SL and features e-business functionality. The series modules described here are designed to meet the majority of a business' financial management needs, no matter how much the business grows or changes. The Financial Series modules integrate with all of the other Dynamics-SL applications and can be customized for specific needs.

	Accounts Payable

	The Dynamics-SL Accounts Payable module helps you keep accurate information about money you owe, due dates, and available discounts. Your business can save money by carefully tracking and taking advantage of terms and discounts, predicting cash requirements, and tracking payments to ensure they are made only once. Automating routine activities in Accounts Payable also improves your productivity and reduces cycle time, allowing you to focus on doing the right things and not just getting the routine activities done.

	Accounts Receivable

	The Dynamics-SL Accounts Receivable module provides the detailed information and reporting needed to actively manage your customer accounts and identify problems before they occur. You can age receivables and generate statements on a consistent basis to ensure that your customers get up-to-date information about their accounts. The active management aspect of Accounts Receivable allows you to watch receivables and take necessary action that will ultimately enhance your cash flow and bottom line.

	General Ledger

	The Dynamics-SL General Ledger module is the highly flexible core of all Solomon Software business and financial accounting applications. Using this module, you establish your chart of accounts according to the way your business operates. Then you can post accounting transactions, process, summarize, report, and close your books smoothly each month, quarter, and year. A record is kept of all your financial data, providing you with timely business information and the assurance that a complete audit trail is beneath your business transactions.

	Cash Manager

	Dynamics-SL Cash Manager takes the guesswork out of accounting for cash by giving you instant access to your company's current cash balance and automating your bank reconciliation process. Subsidiary modules that impact cash, such as Accounts Receivable, Payroll and Accounts Payable, update Cash Manager when batches are released, keeping your cash information up to date. If your business manages several bank accounts that require a detailed reconciliation, the Cash Manager module allows for the most sophisticated transactions to be integrated into a streamlined activity, to balance your cash accounts between the bank statement, your daily cash balance, and your General Ledger account balance.

	Currency Manager

	Doing business around the world is easier with the Dynamics-SL Currency Manager module, whether your business operates with multiple currencies or a single currency with plans to expand. Multiple currency support integrates transaction processing throughout the General Ledger, Accounts Payable, Accounts Receivable, Order Management, Purchasing, and Cash Manager modules. Tracking exchange rate fluctuations, determining possible gains and losses when making payments in another currency, and maximizing multi-national business profits are the driving forces behind currency management with the Currency Manager module. What's more, if your organization reports financials in more than one currency, tight integration with our Financial Statement Translation module automates the translation and re-measurement steps necessary to accurately reflect your business operations in another currency.

	Multi Company

	The Dynamics-SL Multi-Company module allows you to report on, monitor, and analyze multiple companies or functional divisions within your organization, without the worry and hassle that typically accompany such tasks. Setting up multiple companies in one or more databases, running processes, closing books, and reporting results by company or in a consolidated company are just a few of the things you can do with Multi-Company.

	Financial Statement Translation

	The Dynamics-SL Financial Statement Translation (FST) module allows you to isolate, evaluate, and remove the impact of currency fluctuations on your business operations. FST also helps you dramatically improve your month end close process by performing the necessary currency translations and automatically calculating gains/losses due to rate fluctuations. You can create an adjusted set of books in your local currency to conform to GAAP requirements, and then translate your statements to your parent company's reporting currency. You can then transfer the translated financial statements to your parent company for consolidation, comparison, and financial reporting.

	Payroll

	The Dynamics-SL International Payroll module performs the functions needed to calculate payroll. The Payroll allows for the calculation of multiple earnings and deductions for each employee. A formulae generator ensures that all potential contingencies are catered for that might be used in setting up a payroll. Payments done from the Payroll can be done by cheque or electronic fund transfer, ensuring efficiency in the paying process.

	FRX

	FRx Advanced is a powerful and easy-to-use financial reporting application that interfaces with the Dynamics-SL accounting system to provide comprehensive, meaningful, and highly adaptable financial and management reports. You can design and change income statements, balance sheets, regulatory reports, and side-by-side comparisons, to whatever your business demands, regardless of the complexity. FRx is an application that gives you the information you need, when you need it, to make challenging management decisions.