Our ERP application can help your company integrate processes from various applications to create a single version of the financial truth.
Streamline your core finance operations and capture new growth opportunities. Our ERP software integrates key financial and accounting processes – making it easier to manage spend, resources, and financial reporting requirements.
In today's competitive world, for any organization, sound financial planning and management is very important to ensure sustained growth and good health of business. For enabling this, you need to have an end-to-end view of your business finances. Cygnus Finance & Accounting helps you to achieve all this and a lot more. The solution can help transform your hitherto administrative financial tasks into well-synchronized processes to enable the best possible financial supply chain management.
The General Ledger module includes a powerful Report Writer that accommodates a range of reporting requirements from quick reports for internal reporting purposes to boardroom quality reports to fulfill statutory requirements.
The bread and butter transactions of payables, receivables and T-accounts are seamlessly integrated with the inventory and sales and procurement modules. Tax regulations catered for by Cygnus include the VAT and GST systems used in the world's major economies with advanced geographic logic and withholding tax options. Cross-module Tax Return functionality allows for easy tax compliance.
Cygnus Fixed Assets Accounting solution comes with a host of features and automated tasks that makes dealing with your physical assets almost effortless. Whether it is simple equipment or a complex plant and machinery, the solution enables you to keep track of your assets, in the most detailed manner. For existing assets, you can also bring in Fixed Assets opening balance from the legacy system and create various asset classes, depreciation rules, and asset locations with hierarchy.
With Cyngus Fixed Assets Accounting, you can handle all activities involved with asset management, through multiple depreciation rules, ranging from acquisition of assets, expense capitalization, insurance premium payments and claims tracking, and calculation of depreciation to revaluation of assets, tracking of asset transfers and sale/retirement of assets.
Finance & Accounting’s Global Taxation solution includes features for setting up country-specific taxes that help you to comply with multi-country tax regulations. System-delivered definitions are available for Tax Core categories, Tax classes and Tax Account Types. You can specify tax accounting rules by grouping taxable items, defining tax codes for a combination of parameters like assesse type, tax categories and classes. The solution offers support for accounting standards of multiple countries including Swiss VAT & European VAT. The solution enables you to compute tax liability and remit taxes to the Government agency in the most simplified and automated manner.