Financial Accounting System

Making financial analysis easier and more accurate than ever before, Efro-Financials is a comprehensive system that provides complete integration between different modules and gives you the information needed to tighten control over payables and receivables, improve cash flow, and react to business cycles. 
Revolving around the General Ledger, Accounts Receivables and Accounts Payables, this powerful module combines recurring and adjustment entries and can collect data from other business applications! 
The absence of computerized financial systems is a major constraint for today's finance managers to fulfill reliable and real-time reporting needs of the top management. Human errors, high amount of reconciliations, duplication of work and lesser productivity per individual are common problems associated with manual paper-based financial reporting systems. 
Efro-Financials provides complete integration and gives you the information needed to tighten control over payables and receivables, improve cash flow, and react to business cycles. 
EfroFinancials--General Ledger
Offering a customizable 7-level chart of account, this powerful module combines recurring and adjustment entries, general journal entries, and collects data from the other business applications from EfroTech, resulting in a comprehensive database for all financial analysis. General Ledger maintains complete audit trails of all transactions and gives you the ability to run monthly as well as interim financial statements for a real-time view of your financial status. 
Chart of Account Setup
Journal Entries
General Ledger Inquiry
Preliminary Year-End Close
Recurring Journal Entries
Posting Adjusting entries
Detailed General Ledger Posting
Historical Data
On Demand Financial Reports
Account Detail Drill Down
Approval & authorizations
Consolidated Financial Reports
Inter-Company Transactions
User-Defined Financial Formats
Multiple Companies
Supports Either a 12 Or 13 Period Year
Automatic or Manual Posting
Profit and Loss Statements
Security and Integration
Efro-Financials comes with a comprehensive administration utility for assignment of access rights and user privileges to relevant system users. Access to data and reports in Efro-Financials can be secured by user ID, and users can choose to view saved reports on the screen or print them. In addition, System 2000s spreadsheet export option allows authorized users to move financial data to any spreadsheet program for greater report flexibility and analysis. 
Efro-Financials can be integrated with any other proprietary systems or business application from EfroTech, including Time management & Payroll, Materials Management, Human Resources, Production Planning & Control, Exports management, to name a few.