Global finance fundamentals

Are you doing business in France which requires you to comply with DAS2 periodic declaration, Accruals calculation and manage bank files transfers ? Do you need to get a clear view of your payables and receivables entries application as any accountant does ?

Key functions

• Accountants appreciate being able to view their customers, suppliers and employees entries with the lettering status at a glance. Global finance fundamentals app includes dedicated fields on AP & AR entries pages and reports improving the application status of each individual entry.
• Closing period are always a great moment for accounting teams and France finance fundamentals app helps modern organizations to calculate accruals. The process considers current unbilled items and generates accrual entries according to the accounting department expected details (VAT, Analytical Dimensions). The extension provides the flexibliity to check and fix precalculated values before posting. Entries are also automatically reversed.
• DAS 2 is a compulsory declaration to be sent to the tax authorities by any professional (individual or company) paying fees, commissions, commercial discounts, authors' or inventors' rights (patents) for more than 1,200 euros to third parties. This document must be updated every year.