Accounting and Finance

Complete financial foundation

Expandable ERP installs a complete, integrated financial foundation for growing manufacturers.

The system includes all the accounting functions necessary for companies extending business operations to include multiple companies and foreign currencies.

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Reliable. Compliant. Accurate.

Auditable, GAAP Compliant Accounting

All business transactions are recorded using standards-based checks and balances that foster compliance with industry best practices.

Consistent workflow across all accounting modules allows personnel at growing companies to be cross-functional. Sound business rules generate system-validated data leading to reliable transaction records and confident business decisions.

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At a glance

Financial Functions

General Ledger

Record all financial transactions while allocating costs and revenues to the appropriate departments and accounts. Simplify the process of generating financial statements.

Bank Reconciliation

Ensure financial reports are accurate and up-to-date by managing all bank-related information, including payments, deposits, credit card transactions and bank fees.

GL Consolidation

Combine the financial records of multiple entities within your organization to produce one consolidated set of statements.

Tax Service Integration

Simplify the process of determining taxes across multiple jurisdictions by automatically calculating the final sales tax amount on each invoice.

Accounts Receivable

Facilitate control of customer accounts from invoicing through cash application and credit memo processing.

Foreign Currency

Perform financial transactions and generate reports in multiple currencies.

Accounts Payable

Simplify the process of determining taxes across multiple jurisdictions by automatically calculating the final sales tax amount on each invoice.

Revenue Recognition

Record and manage accounting entries for service agreements related to subscriptions and warranties.

Value Added Tax

Establish VAT qualification for each transaction by applying a tax code that yields the correct result.

Aberdeen Report

Expandable Customers Outperform Industry Averages in Productivity Gains

ERP standardizes processes, boosts efficiency, and modernizes operations, giving businesses a competitive edge. Aberdeen’s survey of 445 manufacturers, including 65 using Expandable, shows these users achieve significant productivity gains through best practices and optimized workflows.

Inventory Accuracy 96

Exceeds industry average

Reduction in Inventory Levels 16

5% better than industry average

Manufacturing Schedule Compliance 93

Exceeds industry average

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Video DEMO

Remittance Entry

Example of accounting functions in Expandable ERP.