12/12/2018 11:20 AM
How can we configure balance sheet to meet the compliance requirement as well as specific requirements of top management
As of now our Balance Sheet is properly configured for compliance and approved by our CA. But management has a different requirement from Balance Sheet. They want to be able to use it as a control tool in real time as all the financial data is already there. How can we configure balance sheet to meet the compliance requirement as well as be useful to the management as a tool. For filing, balance sheet as well as PNL is organized under different legal entities and we have proper drill down to get balance sheet of entire organization, a particular legal business entity (company) or a branch. For management this division is not important. They need to see the classification across entities but under different dimensions.
Can we do it ourselves without help from Tuhund support so that we can do it on continual basis as and when required?
Labels :
requirement
,compliance
,management
,configure
,finance
,balancesheet
,control
,accounting
,dashboard
,report
,costcenter
14/12/2018 04:26 PM
There are several ways of doing this.
- Balance sheet can be configured to satisfy both needs.
- You can have multiple balance sheets for same organizational group with strong access control. While auditors and accounts can have access to only primary balance sheet, there could be a separate additional balance sheet for management.
- From your query it appears that you need none of the above. Your requirement is very simple and very common scenario. You can manage this with cost centers. Cost centers can be auto linked to departments and / or business lines. You can have three levels (three dimensions) of cost centers with graphs plotted against three axes.
Labels :
organization
,department
,management
,dimensions
,auditors
,accounting
,balancesheet
,cost centers
User Community Home
ERP Interest Groups
Topics : 22|Last Topic : 22/10/2023 10:54 AM
Questions and queries about Accounting a Finance module. Working with cost centers. General Ledger, Accounts receivable, Accounts payable, financial statements, expense claims management, commission payables and receivable claims, Forex, Currency, Assets, Depreciation, Taxes and TDS, etc.
Topics : 16|Last Topic : 20/08/2024 05:13 AM
Information about Tuhund. Tuhund has moved far beyond and is much larger for just being called an ERP.
Topics : 5|Last Topic : 15/01/2023 02:13 PM
Point of sales software, Andriod and IOS applications and other software linked with Tuhund. API for connecting with Tuhund and building applications on top of Tuhund backbone.
Topics : 1|Last Topic : 10/10/2019 09:36 AM
Discussions on ERP in general and comparison of various ERP, their features, working, issues and workarounds
Topics : 5|Last Topic : 25/05/2021 07:24 PM
Questions and queries about Human Resource Management Module
Topics : 18|Last Topic : 09/08/2024 07:06 PM
Questions and queries about Inventory and Procurement Modules. Products and product categorization. Vendors Price Lists, Quotations & Invoices, Requests For Purchase, Requests for Quotes, Purchase Orders, Purchase Invoices, Tenders, Store Management, Locations, Stock. Inventory reports, margin analysis, ageing analysis.
Topics : 2|Last Topic : 26/12/2018 01:46 PM
Questions related to GST, GSTR1, GSTR3B. Issues and problems faced in GST Portal.
Topics : 2|Last Topic : 29/12/2018 11:34 PM
Knowledge sharing, support and help with Project Management Module; Project Schedule Management, Project Scope Management, Project Resource Management, Material Management, Expense Management, Deliverable, Billing and Invoicing.
Topics : 22|Last Topic : 24/09/2024 06:49 PM
All about Sales and Customer Relationship Module. Tasks, reminders and events. Inquiries, opportunities and business leads. Different types of sales targets and key performance indicators.
Topics : 2|Last Topic : 04/09/2020 11:19 PM
We welcome suggestions from our customers, third party users as well as from general public. Our aim is continual improvement of Tuhund. We are not going to stop or slow down development of Tuhund.
Please let us know what you are looking for in Tuhund and we will make sure it is added.
Topics : 1|Last Topic : 02/09/2020 11:19 PM
Forum for Tuhund Channel Sales and Implementation Partners to seek clarifications and to exchange knowledge and ideas among themselves and with others.
Topics : 3|Last Topic : 29/11/2024 03:17 PM
In today's competitive manufacturing landscape, efficiency and optimization are key to staying ahead. This thread is dedicated to exploring the strategies and workflows that drive seamless production processes using Tuhund. From automating workflows to improving resource planning, we’ll discuss how manufacturers can enhance productivity, reduce downtime, and ensure the highest levels of quality control.
Topics : 6|Last Topic : 20/03/2022 02:00 PM
Tuhund is a continual development system with a minor release every few days and a major release every couple of weeks. This section aims to keep Tuhund users informed about the developments.
Topics : 7|Last Topic : 25/07/2023 08:05 AM
Keywords
#access #accounting #accounts #activity #adapter #admin #advance #ageing #agent #aging #amount #analysis #android #api #app #application #approval #assets #attachment #attendance #automatic #backup #balance #balancesheet #bank account #bank #bar code #barcode #bi #billing address #boe #bonded #bounce #branch #browser #business development #business intelligence #calculation #campaign #cart #cash #categories #change #charts #chat #cheque #claims #clearing #comments #commission #companies #company #compliance #configure #consolidation #consumption pattern #contractor #control #conversation #conveyance #coordinates #cost #costcenter #courier #credit note #credit #crm #csv #currency #custom duty #customer #customers #customization #customized #dashboard #data import #data #database #date #default #delivery charges #delivery #depreciation #discount #discussion #disk #document #documentation #documents #download #drill down #drive #duplicate #e-commerce #e-invoicing #elevate #email address #email client #email message #email #employee #entries #epf #escalation #evidence #excel #exchange #expense #expiry #export #failure #filter #filters #finance #financial year #forwarding #function #group #gst rate #gst returns #gst #hsn #image #import #indent order #indent sale #information #inquiries #insert #install #instructions #integration #inventory #invoice #job order #job work #journal #kilometer #language #leads #ledger balance #ledger #license #life #limit #link #live #loading #location #locking #login #logout #logs #macbook #machine #management #manufacturer #maps #margin #marketing #mass mail #master #material #migration #mobile #module #newsletter #notification #number #odometer #online #opening balance #order #outbox #overtime #packing list #partner #payable #payment #payroll #pdf #performance #perishable #petty cash #picture #pnl #point of sales #policy #portal #pos #prefix #price list #price #printer #printing #process #procurement #product #production #products #profit #proforma invoice #project #promotional #purchase invoice #purchase order #purchase #qr code #quantity #quotation #rate #reading #receivable #recipient #reconciliation #register #report #repository #request #requirement #requisition #resource #retail #return #revenue #revision #rfq #rules #saas #sac #salary #sales return #sales #salesmen #sample #schedule #scope #search #section #selection #sensitive #sensors #server #service #services #setting #settings #share #shipping address #sku id #sku #sms #software #space #statement #sticker #stock #storage #stuck #subledger #support #synchronize #system #target #tasks #tax invoice #tax liability #tax #tcs #tds #template #thermal #topics #tracking #transaction #upload #url #user #value #vat #vendor #vouchers #warehouse #warranty #wbs #website #whatsapp #widget #worker #zones
