OneOffice has a full capability to support your financial management requirements this offers support for multi-company and multi-divisional structures, as well as multi-currency control. It offers a flexible general ledger account code structure, budgeting, debtor, creditor and asset management and powerful report generation.

The OneOffice philosophy of a single system across the whole business ensures that financial data is simple to collect at all points across your business and common financial information is available to all operation management throughout your business. For example using the Alerts and Workflow technology, if a customer is put on credit hold then anyone subsequently trying to place an order for that customer will be warned that the order will be put on credit hold as they start to enter it, then the relevant people can also be automatically tasked with resolving the credit issues ahead of the order being fulfilled. This straightforward approach of interactively providing people with information to help them with a task they are performing increases both productivity and customer service.

The capabilities in OneOffice for financial management include:

general ledger
With a spreadsheet style layout this is a comprehensive financial control system which is also easy to use. With a range of features from journal entry through to sophisticated management information reports the General Ledger is at the heart of OneOffice Financial Management. In addition, it provides multi-currency, multi-divisional control and multiple accounting periods running concurrently.

sales ledger
Maintaining records of transactions between your company and your customers, this includes facilities for credit management, as well as detailed enquiries and reports. With support for a large number of payment methods and it also provides extensive debt ageing options.

purchase ledger
This records transactions between your business and your suppliers. Here OneOffice provides facilities for cash flow management and supplier management analysis.

asset ledger
This contains a comprehensive record of fixed assets held by the company, either as individual items where they are of high value, or as a collection of similar items if they are not. In addition, it supports multiple types of depreciation for different assets and different classes of assets through to the general ledger.

bank & tax manager
Providing controls for all payments or receipts of funds for your business, this also facilitates the reconciliation of transactions on your bank statements. The tax management function provides a centralised management system for the control and preparation of returns for appropriate taxation systems.

european single currency
For businesses based in countries that are transitioning to the European single currency OneOffice includes a full set of tools to support all phases of the transition from national currency to the euro.