Opera II - Financial module

The financial modules give you the integrated tools to fully control financial data and processes. It enables instant access to accurate, up-to-the-minute financial information, which can be analysed to improve productivity and help make informed strategic decisions.

The Financial modules include: Sales, Purchase and Nominal Ledgers, Advanced Nominal, Multi-Currency, Cashbook, Costing and EC VAT and address all financial aspects of your business.

ATW can help you customise Opera II to suit your business.

• The Sales Ledger
  The Sales Ledger efficiently manages and controls customer records. It allows profiles to be created, trading terms to be set and credit notes and invoices as well as receipts and statements to be raised.
  Customer transactions can be processed in any currency, while the built-in credit control facility improves cash flow by allowing tighter control in the management of customer payments.
• The Purchase Ledger
  The purchase ledger is a total management system that enables supplier transactions to be controlled. Specific supplier profiles can be set up to determine trading terms, discount levels and payment terms.
• Nominal Ledger
  Real-time data from the Sales Ledger, Purchase Ledger, Invoicing/SOP, Payroll and Cashbook can be used to provide management information and reports that will identify trends in company performance.
• Advanced Nominal Ledger
  This gives comprehensive enterprise analysis and reporting facilities that will enable key information such as revenues and expenses by Nominal Account, Cost Centre, Department or Project to be used effectively.
• Multi-Currency
  Opera II Multi-Currency module makes handling foreign currencies simple. Unlimited currencies, exchange rates per transaction type and recording of exchange rate differences can be effortlessly managed.
• Cashbook
  Effective cash management combined with complete integration with other financial modules enables receipts to be posted, payments and refunds to be issued and bank and interest charges to be applied with a reconciliation facility that ensures accuracy.
• Costing
  Cost control is a vital element in any business. This module allows job costs and revenues to be tracked against budgets. Costs can be broken down against a variety of categories including Labour, Contractor, Direct Expense, Stock and Interim Billing. Transactions can be processed either from within Costing or any of the associated modules (Sales Ledger, Purchase Ledger, Stock, POP or Invoicing/SOP). For example, sales documents can be generated within Costing or Invoicing/SOP, allowing you to invoice unbilled costs; stock can be issued directly to a job; purchase orders can be raised against a job to generate a committed cost.
• EC VAT
  Defines and maintains the information to produce the EC Sales List (ESL) and Supplementary Declarations (SD), including country codes, modes of transport, terms of delivery and commodity codes. Nature of Transaction Codes are also maintained in order to complete the relevant part of the Supplementary Declaration for Intrastat purposes and Commodity Codes are also maintained for Intrastat purposes as identified in the Intrastat Classification Nomenclature (ICN).
  
  If you are using foreign currency accounts, appropriate VAT rate codes for EC sales and purchases can also be set up. This module will then collect the information needed to produce the returns for trading with EU member countries.