Description of the functional
The Finance module in the ITFin system provides comprehensive management of financial operations and accounting. It enables the creation and maintenance of a structured list of accounts for bookkeeping, as well as the customization and adaptation of the chart of accounts according to the specifics of the company’s activities. The system allows for the classification and tracking of various types of income and expenses, accounting, and monitoring of all financial transactions, including profits and costs, as well as efficient management of bank accounts and cash flow.
What task does it solve?
This module contributes to the organized accounting of financial operations. It helps companies efficiently plan and control budgets, track expenses and revenues, and ensures the accuracy and timeliness of financial reporting. The integration of various financial tools allows for the optimization of financial operations and minimizes risks associated with accounting and cash management.