Finance & Control
Finance & Accounting
General ledger, receivables, payables, banking, budgets and multi-company accounting.
Generally available
Included in the standard Transcend ERP product and configured during implementation.
Key capabilities
- Chart of accounts and general ledger
- Accounts receivable and payable
- Bank and cash management with reconciliation
- Budgets and cost centers
- Fixed asset register and depreciation
- Multi-company and multi-currency accounting
Supported processes
- Invoice to payment
- Purchase invoice to payment
- Period close
- Budget control
Standard reports
- Trial balance
- Profit & loss
- Balance sheet
- Cash flow
- Aging reports
- Budget variance
Requires customization or separate implementation
- Country-specific statutory report formats beyond the standard set
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