ARMS - Financial Management

CLIENT AREA

FINANCIAL MANAGEMENT

ARMS Financial Management suite of programs allows you to easily manage your Payables, Cash Flow and Profit & Loss Reporting. The day-to-day entry and paying of bills and recording bank deposits flow directly into the cash flow and general ledger system. This allows the retail business to see the critical cash flow information, and also get a complete Profit & Loss and Balance Sheet report for their accountant and taxes. For clients who do not require the Profit & Loss and prefer a simpler approach to bookkeeping, the system can be configured on a cash flow basis only.

Some of the outstanding features of these programs are:

Cash Flow Budgets
Create Cash Flow budgets very quickly – for example, once you have set monthly sales, you can enter purchases as 48% of sales, advertising as 4% of sales and the respective budget rows automatically fill in.

Multi “What if” budgets
You have the ability to produce multiple Cash Flow budgets for individual stores and/or companies. For example, set your budget then with just a few keystrokes create two others called '2006 +10% Sales' and '2006 –10% Sales' to see the effect increased or decreased sales will have on your cash flow.

Save operator’s time
Each user can create their own menu of commonly performed tasks using 'Quick Menus', thus saving time going through menus, or you can use 'Recent Tasks' to instantly return to a function you were using recently.

Fewer steps save time
For example, there are no batches to post. All the daily activity from entering invoices and making banking entries are automatically posted to the Cash Flow and General Ledger modules.

Automatic entries
You have the ability to set up automatic recurring entries whether it is an invoice or an automatic payment, for example, your monthly rent payment. Let the computer enter it for you to save time and you will never forget it.

No Month or Year End Resets to hold you up
There are no Month End or Year End Resets to perform, saving you time every month! This also allows you to continue working in the next financial period while still finishing entries for the last one.

Multiple Payment Terms
Each invoice can be entered with multiple payment terms to handle flexible terms given by vendors such as 30/60/90 days.

Easy to fix incorrect entries
Full flexibility to easily modify ANY transaction, including vendor invoice details using popular drill down functions to the original transaction record.

Bank Reconciliation out of balance
If you don’t reconcile, the system actually narrows down the error to a particular bank statement and even the page number on that bank statement thus saving hours looking for errors.

Quickly find transactions that make up totals
You can search/inquire on entries and zoom in ('drill down') to view details in one easy step with the click of a mouse button. For example, you want to know what makes up the total advertising expense, so you simply run the report to the screen and click on that total. It shows you all of the details including what you spent.

Access past years’ transactions
You can view previous years’ transactions, make modifications to them, and/or make adjusting entries to last financial year. You can also LOCK previous financial years so transactions cannot be accidentally altered or entered.

Dual Account Codes
For each account code, you can enter your accountant’s corresponding account number, allowing reports to be printed in order of their numbers, which saves them time in finding information.

Flexible Exportable Reporting
All reports in the ARMS Signature Series can be previewed, printed, emailed, saved to disk or exported. You can even email reports to your accountant to read without having to send a disk.

Security features
You can LOCK the current session to protect your work while away from your desk without having to close out of the program. Functionality can be resumed by simply entering a password. Security is very flexible and easy to set-up. Users can be limited access to each individual screen and can be allowed to view or run reports but not allowed to make changes.

Back to top Back to Software at a Glance