Customizable Financial Accounting with XTRAS forward thinking
This year, Microsoft Business Central will be enhanced with several new features and improvements designed to make digital financial accounting even more effective and user-friendly. However, at XTRAS forward thinking, we understand that every business has unique needs that go beyond standard solutions. That’s why we offer our integrable financial accounting solution, tailored specifically for the logistics industry to meet your specific requirements.
Contents:
Customizable Financial Accounting with XTRAS forward thinking
Customizations in No Time
Meeting the Special Needs of the Logistics Industry: How We Help
Solving Financial Accounting Challenges with our Solution
Comprehensive Service with XTRAS forward thinking – Future-Oriented Financial Accounting
Customizations in No Time
Every industry comes with its own set of challenges, and even within a single company, the requirements can vary. This is why our digital financial accounting is flexible and customizable, allowing you to easily integrate individual requests (e.g., specific information on invoices or additional statements). Thanks to the flexible software architecture of Microsoft 365 Business Central, these customizations are technically well-conceived and easy to implement. Our agile methods also help ensure the successful integration of new features while maintaining system stability. Our financial accounting solution is fully integrated into our logistics software and is based on Microsoft’s powerful ERP system. This allows for seamless integration of financial and logistics processes—an aspect often lacking in other solutions.
Meeting the Special Needs of the Logistics Industry: How We Help
Our financial accounting solution, integrated into Xfreight, specifically addresses the unique needs of the logistics industry: real-time processing of sales and purchase invoices, automated payment transactions and account statement imports, credit limit checks, and real-time data management are just a few of the key features that make financial accounting significantly easier. Additionally, the integration of the ATLAS interface for deferred customs accounts and compliance with GoB guidelines and compliance checks are particularly noteworthy. These versatile functions help reduce administrative burdens and enable faster processing of financial operations. Furthermore, automated accounting ensures precise and consistent bookkeeping. With our digital financial accounting solution, businesses always have a clear view of their finances while meeting all relevant legal requirements.
Solving Financial Accounting Challenges with our Solution
Financial accounting faces a variety of challenges that can be effectively solved with our solution. We have summarized the key points here:
- Provisions: Automated creation and booking of provisions in purchasing and sales, ensuring that the forwarding results are always accurately represented.
- Capital Provision Costs: Automatic billing of definable percentage surcharges for expenses such as customs and EUST, similar to cash discounts.
- Payment Import and Transactions: Flexible import interface for bank statement files and payment advices, automated general ledger accounting, processing of SEPA transactions, mandate management, and adaptation to specific country requirements.
- Associations and Open Item Management: Automation of agent statement creation, management of purchasing associations, and open item-ledger accounts.
- Balance Sheet and VAT: Simplification of balance sheet and income statement creation, improved presentation of business figures.
- Item Display, Printing, and Cash Discounts: Direct access to documents from the item display, use of additional cash discount formulas and percentages.
- Installment Payments and Asset Accounting: Creation of installment payment documents, simplified setup of new assets, and separate representation of sales and disposals.
Comprehensive Service with XTRAS forward thinking – Future-Oriented Financial Accounting
Are you looking for a way to modernize and future-proof your financial accounting? We support our customers by integrating financial accounting software with their existing systems through close and agile collaboration. This allows for flexible and rapid adjustments that cater to the individual needs of our logistics clients. Since our servers are located in Germany, we also guarantee top-notch security standards. Data security and reliability are further enhanced through regular software updates and logging of all significant accounting transactions. Additionally, we comply with GoB guidelines and conduct address checks against sanction lists.
