COMPREHENSIVEMARINE ACCOUNTING
ACCOUNTS
MANAGEMENT
MANAGEMENT
The KNOTICAL Accounting Module is a versatile solution designed to meet the complex financial
needs of the maritime industry. It supports multi-group, multi-company, and multi-currency
accounting, ensuring seamless integration with core modules such as Purchase, Budgets, and
Crewing. By streamlining financial data flow across various departments, it provides
accurate and real-time reporting. The module offers a comprehensive set of tools, including
dynamic charts of accounts, running cost reporting, drill-down and management reports, and
the ability to consolidate financial data across multiple entities, making it a vital tool
for financial decision-making. Additionally, the system is capable of integrating with your
existing accounting systems, ensuring a smooth transition and continued efficiency without
disruption.
The system simplifies inter-company transactions by allowing multiple entries for vessels or
fleets in a single transaction, reducing manual input. It supports multi-currency
transactions, helping manage accounts payable and receivable efficiently. With features like
invoice processing, aging reports, and payment monitoring, the module ensures smooth
financial operations. It also enables customizable reporting for running costs by vessel,
fleet, or owner, along with personalized owner presentation charts. The integration with
banking systems and real-time exchange rate updates ensures accurate financial tracking
across all operations, complementing and enhancing your current financial infrastructure.
KEY FEATURES
Our Accounting system streamlines multi-company, multi-currency transactions, integrates with core modules, and provides real-time financial reporting, ensuring seamless management of accounts payable, receivable, and running costs.
SEAMLESS INTEGRATION
Integrate with core modules like Purchase, Budgets, and Crewing for smooth data flow across departments.
FISCAL YEAR DEFINITION
Define fiscal years and accounting periods for organized financial management and reporting.
AGING REPORTS
Generate accounts payable and receivable aging reports to track overdue payments and outstanding invoices.
INVOICE PROCESSING
Efficiently process invoices, track payment status, and manage accounts payable and receivable.
INTER-COMPANY TRANSACTIONS
Manage multiple vessel or fleet entries in a single transaction, streamlining financial processes.
RUNNING COST REPORTING
Track and report running costs by vessel, fleet, or owner for better cost management.
EXCHANGE RATE INTEGRATION
Import and update real-time exchange rates to manage multi-currency transactions accurately.
CUSTOMISABLE CHART OF ACCOUNTS
Create and define a dynamic chart of accounts tailored to the company’s financial reporting needs.
ENHANCE
YOUR
FINANCIAL REPORTING
WE ARE
FINANCE-FOCUSED
FINANCE-FOCUSED
REAL-TIME FINANCIAL TRACKING
Our system offers live tracking of multi-currency transactions, payments, and invoices for proactive financial management.
DATA-DRIVEN REPORTING
Leverage real-time financial data for generating comprehensive reports, tracking costs, and improving decision-making.
COMPREHENSIVE REPORTING
Automatically generate detailed financial reports, including running cost reports and customizable owner charts.
CUSTOMIZABLE ALERTS
Set up alerts for important events, such as payment deadlines, overdue invoices, and budget thresholds to ensure timely financial management.
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