Financial Management System (FMS) is the main pillar of the Cycom Product Suite. It allows users to organise and adapt the system to meet their specific requirements. FMS is a comprehensive Accounting and Management Information System comprising of a number of integrated modules:
- General Ledger
- Accounts Receivable (Sales Ledger)
- Accounts Payable (Purchase Ledger)
- Budgetary Control
- Management Reporting Systems
- Address System
- Financial Report Writer
- Administration Manager
Flexible – FMS offers unrestricted flexibility by allowing you to customise the system according to your accounting business processes. You can define multiple chart of accounts structures, profit and cost centres, revenue and cost analysis groups and other reporting sub-divisions.
Simple to Use – FMS incorporates internationally accepted graphical elements, according to the Microsoft Windows standard, delivering a familiar “look and feel”. This minimizes training time and allows users familiar with the Microsoft Windows interface to get “up and running” soon after the system is installed. The standard Windows on line help gives you instant reference information, eliminating the need to refer to printed manuals.
Ad-Hoc Queries – Enter your search criteria in the empty text boxes of a form and press the query button to have the system select all the transactions matching the criteria entered.
Integrated – Interfacing between the modules is instantaneous and does not require special lengthy procedures to execute periodically. This gives each user access to current, relevant data.
Email Enabled – All reports can be forwarded to any recipient or group connected to the electronic mail system after being reviewed on screen.
Multi-Currency – FMS provides comprehensive features that support the processing of multi-currency transactions. The system allows the processing of any number of different currencies for each account. It supports currency conversion translation and revaluation, in accordance with generally accepted accounting principles.
FMS can be set up to allow the analysis of transactions by different cost centres, activities, divisions, sections or products. This allows the user to define reports that extract and analyse data according to the analysis categories.
Your system administrator can assign each user to a role-based group. For each group the administrator can assign the functions that are to be accessible by all users of that group.