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financial ERP modules

TIMMS Business ERP financial software provides you with a complete financial management solution. Each TIMMS module offers in-depth functionality and reporting for all Business financial processes. Each financial module is scalable to your unique business requirements and is supported by a broad range of functionality such as handling multi-company, multi-cost centre and options that can be set to best meet your company’s requirements.

Accounts Payable & Receivables

accounts payable business erp

Accounts Payable

The accounts payable module provides you with all the facilities required to effectively manage supplier invoicing, payments and other accounts payable functions of your business.

Accounts Receivableaccounts receiveable software

The accounts receivable module provides full credit management facilities to maximise your cash flow and minimise the risk of bad debt.

General Ledger Software

General Ledger

Summary of features & benefits:

General ledger software

  • User-defined alphanumeric or numeric account numbers with powerful chart of accounts build/ maintenance facilities
  • Use either a simple structure, through to multiple division/ cost centre capability
  • Open period accounting
  • Data input accuracy as all transaction entries are balance validated and can be edited and corrected prior to posting
  • Recurring, standing and auto-reversing journals
  • All data held at both transaction and summary levels
  • Comprehensive audit trails of all entries
  • Account enquiry with drill down to transaction capability
  • Comprehensive financial report generator
  • Multi-company accounting and financial reporting
  • Budget generation facilities
  • Ability to integrate bank transaction journal entries though to cash management module for reconciling

Asset Management Software

Asset Management

The asset management module has all the functions required to effectively track and depreciate your business assets.

Summary of features & benefitsAssett Management Software:

  • Multi-company, multi-location and multi-branch capable
  • Dual depreciation rates (company or tax)
  • Choice of prime cost or diminishing value on each rate on each asset
  • Depreciation schedule conforms to Australian Tax Office standards
  • Provides full audit trails with exclusive enquiry and reporting

Cash Management Software

Cash Management

The cash management module has all the functions required to effectively track and reconcile the cash flow within your business.

Cash Management software

Summary of features & benefits:

  • Management of cash flow
  • Auditing of bank accounts
  • General ledger bank account is updated with results (in stand alone operation)
  • Transaction data from the other modules integrated into one central area

Payroll Software

Payroll Software

 The payroll module provides the features needed to internally control all aspects of payroll processing within your organisation.

Summary of features & benefits:

  • Regular salaries and deductions for each employee can be defined in the employee and deduction/ earnings code filesPayroll software
  • Payroll hours are calculated from the time card file, along with earnings and deduction information which is used to calculate each pay-slip
  • The payroll post process will update information to the employee and other history files automatically
  • Has the ability to distribute employee pays across multiple nominated bank accounts
  • Ability to generate an import file of pay details which can be used with most on-line banking software
  • Generates employee pay-slips
  • Allows for multiple methods of tracking leave
  • Information is fully integrated to the general ledger
  • Standard reports can be easily generated

System Setup Software

ERP setupSystem Setup

The system setup module is the backbone of the TIMMS system containing user defined table values and system wide settings. To a large extent, this module controls how TIMMS will operate within your business environment.

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