UnityF8 - Financial Management

UnityF8 provides an integrated financial management software package within its complete ERP system for food processors and drinks manufacturers.

Combining integrated accounts payroll management, warehouse time management data etc., UnityF8 creates a holistic financial management software package for businesses operating in the food manufacturing industry.

Multi-currency and multi-company transactions are an integral part of UnityF8 food industry software, while comprehensive reporting tools provide an extensive knowledge base of accounting information which aids financial control across the entire supply chain.

Integrated accounts

The following integrated accounts functions are supported by UnityF8 from Sanderson:

Accounts receivable

  • Credit control facilities with contact history
  • Integration with document imaging to view and send proof of delivery documents
  • Flexible cash matching facilities, including an electronic upload of remittance advices
  • Full payment history
  • VAT reporting.

Accounts payable

  • Invoice register and authorisation facilities
  • Purchase invoice matching with GRN
  • Integration with document imaging for paperless invoice authorisation
  • Multiple methods of payment, including EFT through integration with banking systems
  • Full payment history
  • VAT reporting.

General ledger

  • Journal templates and standard journals
  • Automatic reversal of provisions and accruals
  • On-line drill down to transaction detail
  • Profit and loss, balance sheet and management accounts
  • Budget and forecast reporting.

Cash book

  • Multiple bank accounts with multi-currency facilities
  • Banking reconciliation for cash receipts
  • Bank statement reconciliation facilities, including an electronic upload of the bank statement
  • Revaluation of currency accounts with the associated nominal postings.

Fixed assets

  • Multiple methods of depreciation
  • Appreciation provisions
  • Tracking of acquisitions, disposals and fully depreciated items
  • Evaluation of assets for future accounting periods
  • Loss prevention system.

Payroll management, HR and time and attendance

You can also use UnityF8 software to manage your food business's HR functions and maintain a comprehensive database of employee information, enabling your business to respond quickly to enquiries. The secure database supports:

  • Personnel details, including career, medical and pay history
  • Disciplinary and grievance records
  • Appraisal history
  • Skills, training and qualifications history
  • Payroll management.

The system supports a wide range of payment and deduction types, with the required functionality to satisfy all legislative requirements.

Integrated time and attendance functions can be scaled up or down according to your business needs, including attendance, absences, warehouse time management, access control and working rules.

The integrated accounts functionality of UnityF8 can help improve your business operations by linking your financial management software with other key ERP functions - call Sanderson on 0843 636 7480 to learn more.

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