The easily defined nominal structure suits the needs of both large and small organisations, providing up to six levels of analysis with each level – allowing up to 10 alpha numeric characters per code. Financials’ code wizard enables full nominal codes to be created en masse quickly and accurately, combining each level of analysis including hospital group or trust, site, department, classification and analysis codes.
Designed around the single unified ledger concept, Financials easily drills down to prime entry and provides a simple-to-follow audit trail. Avoiding any need to keep synchronised ledgers, this streamlines processes and eliminates repetition, whilst ensuring consistent, accurate data.
Supporting any choice of base currency, Financials can be used worldwide, with its multi-company and consolidation facilities making it particularly suitable for hospital groups.
Memorised journals enable frequently used transactions to be saved and entered automatically, saving time and reducing the risk of input error.
Furthermore, recurring journals and batches can be setup and scheduled to be run on a regular basis and statements, invoices and reports can all be sent via email.
When used in conjunction with Compucare, Financials allows composite reports to be produced which incorporate both activity and financial data, invaluable for the reporting of key indicators and ratios.
Reports can be exported to Excel and other standards for further manipulation. Highly customisable, they can be printed using the pre-defined templates or personalised to include logos.