General Ledger

Khameleon's Financial Management suite contains all the functionality required to forecast, monitor and control financial performance and integrates accounting with sales, distribution, contracts, projects and customer service. Further functionality enables users to utilize the Internet to streamline management of customer and vendor accounts, billings and payments, and control credit and cash flows to ultimately increase revenues, profits and return on investment. Khameleon's Financial Management suite includes Accounts Payable, Accounts Receivable, General Ledger, Employee Management, Budgets, Multi-Currency. Some of the key features include:

● General Ledger

● Automate GL entries from all source applications, as well as allocations, recurring and reversing entries, balancing entries for inter-company transactions and currency revaluations.

● View extensive, current on-line information for all entities, including account balances and net profit, and alleviate the need to do hard-closes for months, quarters or years.

● Drill down to complete on-line audit trails of journal entries and supporting details from source applications, and retain history archives on-line or off-line.

● Provide complete reporting, including managerial, external financial statements, supporting schedules and multi-entity consolidations, even with different fiscal calendars.

Accounts Receivable

Automate consolidation of invoice lines to one or multiple invoices; tax and finance charge billing, accounting, reporting and revenue recognition; as well as invoicing, dunning notices and follow-up ticklers — based on flexible user-definable rules.

● Gain complete, current on-line visibility of open balances per customer, aged accounts, supporting detail history, audit trails, unlimited notes and document attachments.

● Manage inter-company invoicing, customer payments of invoices for other customers, and consolidated cash receipts entry for multiple companies or divisions.

● Automate cash application and reconciliation, allowing bank lock box tape receipts. View cash projections based on each customer's payment terms.

Accounts Payable

Automate invoice, requisition, purchase order and receipt matching; recurring payments and 1099s; tracking of due dates and discounts, including proximal terms; and condition/action triggers and alerts, based on user definable rules.

Gain complete, current on-line visibility of open balances per vendor, aged accounts, supporting detail history, audit trails, unlimited notes and document attachments.

Automate distributions for all vouchers, including billable and non-billable project expenses, taxes, multi-entity and inter-company transactions, and vendor returns.

Schedule or process checks immediately for permanent or one-time vendors and non-AP items without vouchers. Quickly reconcile check ranges, numbers and exceptions.

● Automatic Purchase Order "Paste"

● Matching Receipts, matching tolerances

● One-time vendors et up quickly during voucher entry check writing

● Flexible auto-select of invoices to be paid

● Forecast cash requirements

● Potentially lost discounts reported automatically

● Vouchers

● Multiple companies/division processed without leaving input screen

● One-time vendors

● Recurring vouchers

● Fast data entry

● Analysis

● Check history

● Vendor history

● Cash outlay management

● Aging Analysis

● Detail and Summary Aging

● Customer Inquiry

● Average days to pay

● Customer notepad

● Allocations

● Multi-Step Deprivations

● Intelligent Accumulators

● Accumulator Math

● Unlimited Target Journal Entries

● Financial Statements

● Requires no programming

● Consolidation

● Balance Sheets

● Income statements

● Supporting Schedules

● Journal Entries

● Multi-step allocations

● Statistics, Dollars

● Real-time/Non Real-time

● Inter-Company/Division

● Recurring, Reversing

● Budgeting

Forecast revenues, funding and expenditures, and monitor performance to plan for all entities, contracts, projects, products and service lines.

Simplify budgetary control with facilities such as quick copy from prior periods, other versions and actuals, auto spread, fast revision, and on-line stages, approvals and freezes.

Produce proformas. Monitor summary comparisons and variances for budgeted amounts, encumbrances and actuals, and drill down to supporting details.