The Financial Suite

Standard in maritime accounting and financial performance follow-up. The Financials package was one of the very first applications introduced in the maritime industry since the late 80s and since then it is very widely used by hundreds of our customers world-wide.

 1.Marine Accounting Software and M.I.S

This module is designed for: 
1)      multi-Company 

2)      multi-Group 

3)      multi-Currency Accounting support 

Reporting is available to perform all levels of Consolidation. Novel architecture enables dynamic chart of Account definition. 

Support of: 
1)      Voyage Accounting and Analysis

2)      Running Cost Reporting 

3)      Cash Flow Analysis including accruals

Suitable for Ship management, Ship owning, Ship holding Groups, Operators, Agents, Bunker Traders, etc.

 2. Marine Accounting Software - Budgeting System

Application Software specially designed for the Accounting department of a Shipping company. Designed to support all types of calculations. 

The user can budget:
1)      Running Costs 

2)      Income

3)      Profit 

4)      Financing Costs

5)      Credit Line

6)      Voyage Budgeting 

Consolidated budgeting for a group of projects or group of companies and Historic Accounting Information are included in the system.

3. Marine Accounting - Payments Module

Application software specially designed for Accounting Department. Selection of Outstanding Payables due in certain period. 

Supports: 
1)      partial payments

2)      on account payments

3)      bank transfers 

Selection of Invoices, Prepayments and Credit Notes to be included at a certain remittance. Supports Multiple banks for each Creditor for each payment currency. Automatically creates Accounting Entry. Automatically creates Remittance Advice Bank letters, Remittance Letters, Check etc. Payments module can be customised to meet specifically your company format. 

Reports: 
1)      Outstanding per creditor

2)      outstandings per currency and creditor

3)       list of outstanding items.