Finance

The Finance module has made financial accounting simpler and more transparent: every income and expense is outlined comprehensively.

The Profit and Loss (P&L) statement includes key components essential for understanding a company's financial performance: sales revenue, the cost of goods sold (COGS) for production expenses, operating expenses for overhead costs, and net income, which is the profit after all expenses are deducted.

Comparing the plan to the fact helps businesses understand variances, identify trends, and make informed decisions about future strategies, spending, and resource allocation.

Comparing the plan to the fact helps businesses understand variances, identify trends, and make informed decisions about future strategies, spending, and resource allocation.

The forecasts are based on historical sales data from previous years, current trends, ongoing invoices that represent present transactions, and on a variety of other key metrics that provide valuable insights into potential future performance.