Plex

Financial Accounting Software - AR / AP / GL Creation

Accounting (AR/AP/GL) Modules

Accounting has never been easier. With complete audit trail and full visibility, you are in control of your accounting. Simple as that.

Seamlessly connect your entire enterprise. Your accounting staff can focus their efforts on analysis and follow-up rather than data entry. Use full-featured AR, AP and GL functionality with automatic data population driven by real-time events. Leverage other standard accounting features like budgeting and bank reconciliation for tighter management of your finances.

Accounts Receivable

  • Maintain a comprehensive receivables history
  • Create customer invoices including consolidated billing in real time
  • Manage outstanding and historical receivables
  • Process deposits

Allocations

  • Create journal entries allocating activity from one account (or group of accounts) to another account (or group of accounts)
  • Define percentage for allocation between accounts
  • Utilize system-defined cost drivers to determine allocation percentages

Bank Reconciliation

  • Balance all accounting transactions posted to cash accounts against bank statements in real time
  • Reconcile foreign currency transactions and auto create foreign exchange adjustment transactions, when appropriate
  • Maintain a running total of the bank balance as each transaction clears
  • Provide individual bank reconciliations for each bank account

Accounts Payable

  • Maintain a comprehensive payables history
  • Create supplier invoices in real time
  • Manage outstanding and historical payables
  • Process payments in multiple currencies

Budgeting

  • Set up monthly and annual budgets for revenue and expense GL accounts
  • Use standard and custom reports to analyze performance and variance to budget
  • Upload standard CSV files for quicker budget input
  • Compare financial reports with multiple budgets

General Ledger

  • Enter and manage journal entries, including automated reversing entries in real time
  • Report transactions in real time
  • Enter transactions in a foreign currency, with an exchange rate for conversion to your domestic currency
  • Set up recurring transactions to automatically create each account period
  • Maintain a detailed transaction revision history