Finance Management – for more efficient internal debiting

Finance Management gives you a complete overview of the company’s internal costs distributed over cost centres, equipment and licenses. The advanced built-in reporting system identifies the actual costs.

Clear basis for debiting

Qondoc Infrastructure contains a module for management of internal debiting and cost allocation. Qondoc Finance Management is an extensive module which contains data about cost centres and owners and an item index with the purpose of creating a clear basis for debiting. Central administration of all internal debiting gives a high level of control of the cost generating factors within companies and organisations.

Finance Management provides

  • The structures of cost centres
  • Popular name of the cost centres
  • Advanced organisation of cost centres which can be customised to the company’s financial system
  • Item index for internal debiting
  • Grouping of items in cost packages
  • Advanced reporting of already allocated costs
  • Integration with financial systems
  • Documentation of purchases
  • Management of leasing and rental agreements
  • Order system for hardware and software through the item index

Plus

Finance Management can be fully integrated with other Qondoc products for effective use of Asset CMDB.

Improve efficiency, distribute and provide information

  • Improved efficiency of internal debiting and budgeting
  • Correct cost allocation based on actual equipment and licenses
  • Provides the accounting department with information on depreciation/amortisation costs
  • Provides the accounting department with information on the book value of all assets
  • Automated update of costs when adjusting item prices

Central administration – graphic visualisation

Cost centres Central administration of cost centres and their structures. These structures can be imported from the financial system.

Cost items Cost items and their organisation.

Results of internal debiting The results of internal debiting through the allocation of all costs of an item. This is a server with associated costs.

 

 Finance Management Product Sheet

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