Plexus Online includes a complete Accounting System. One of the most powerful features of the Accounting System is its seamless integration with other parts of Plexus Online. Supplier Receipts create AP records. Customer shipments create AR records. Your accounting staff can focus their effort on analysis and follow-up rather than data entry.
Accounts Payable
Data entry or system creation of supplier invoices in real-time. Active maintenance of outstanding payables and historical management. Payment processing including foreign currency translation.
Accounts Receivable
Data entry or system creation of Customer invoices including consolidated billing in real-time. Active maintenance of outstanding receivables and historical management. Deposit processing and ability to handle over/under payments.
General Ledger
Data entry or system creation of journal entries, including reversing entries in real-time.
Financial Statements
Standard reports including; Balance Sheet, Income Statement, Cash Flow, Aging Schedules, Cash Disbursements/Requirements and more all in real-time.
Collections
In depth maintenance of Customer accounts. Detailed history of invoices, payments, communications, statements and letters.
Credit Checking
A module for summarizing the credit status of a customer.
Bank Reconciliation
Balancing of all accounting records against bank statement in real-time.
Outside Collections Calling
This app downloads a list of customers indicated as open for outside collections with at least one invoice 45-89 days late. An outside collections firm with access to Plexus will download this list for calling.
Multi-company Financial Consolidation
Financial reports, such as Income Statement and Balance Sheet, which combine results for two or more companies. Features include multiple levels of consolidation, intercompany eliminations, currency conversion, and multiple report formats.
Cross Company Integration
A set of features that allow one Plexus Customer to seemlessly integrate with a diffent Plexus Customer. This has been configured for container tracability and automatic release creation.
Budgeting
A module for setting up monthly and annual budgets for revenue and expense GL Accounts, and various reports for analyzing performance and variance to the budget.
Employee Expense Tracking
A module for entry and management of employee expenses and reimbursement, such as travel and educational expenses.
Expense Project Tracking
This module is used by the Accounting and Purchasing departments to track expenses for a special project, such as a press rebuild, a building expansion, or a new R/D initiative. The Project is an auxillary method for tracking and budgeting expenses, above and beyond the normal Chart of Accounts. Fully integrated with Accounting and Purchasing.
Hours Tracking
A module for a professional services organization to track internal labor hours/costs.
Purchasing
Receiving
The Receiving module is a simple-to-use interface for receiving goods into the company, which in turn creates a Receiving History Record, updates the Purchase Order, updates inventory, and creates an un-vouchered Accounts Payable entry (where applicable). Highly integrated with Supplier Module, Inventory, and Accounts Payable.
Requisitions
Module used by customers for approving items before adding them to Purchase Orders.
Electronic Review & Approval
Workflow
A flexible, user-configurable module for designing and implementing Workflows. Workflow formalizes the flow of information/documents through a a series of steps to fulfill a specific business process.
Document Imaging
This module streamlines and facilitates the electronic scanning of paper documents into the Document Control System. (The standard DCS allows you to attached documents that have already been scanned with a third party package. The Document Imaging module enables a component within Plexus Online to scan the document on the fly, from within Plexus Online, which greatly streamlines the process.)
Costing (see the costing area)
Inventory Valuation - Standard Cost
Using the Part Cost Structure as its base, this module provides Inventory Valuation at Standard. The Valuation can be viewed as a detailed and/or summarized report, at the current moment in time or at any point in the past. This is ideal for those situations where the accounting department needs to know the inventory value at particular moments in time (at the beginning and end of the month, for example) in order to do its month end closing. This module also allows you to value inventory based on different Cost Models and to easily compare the results between the two.
Management Reports
Key Measurables
A flexible system for setting up, tracking and communicating company performance against a set of management-defined Key Measurables. Ideal for strategic management.
Strategic Planning
This modules provides a structure for developing, documenting, and sharing a detailed Strategic Plan for the company.
