Finance

Finance & Accounting

Real-time books across every company and currency.

Overview

What is financial management software?

Financial management software records every transaction your business makes and turns it into reliable books: the general ledger, payables, receivables, bank and cash, and the financial statements built on them. In eVitalyst ERP, finance is not a separate package that other departments feed at month end. Purchases, sales, payroll, projects and vessel costs post to the same ledger the moment they are approved, so the numbers are always current.

The ledger is shaped around your business rather than the other way round. Chart of accounts, dimensions such as department, project or vessel, companies and currencies are set up to match how you manage and report, and every figure drills down to the document behind it. Finance teams in the UAE and GCC use it to close faster, answer questions without spreadsheets and give auditors a clean trail.

01Your numbers at your fingertips
02Faster, cleaner month-end close
03Audit-ready books across companies
Key features

Finance & Accounting features

eVitalyst transforms the General Ledger from a static, one-size-fits-all book into a dynamic asset you can shape around your business. Finance teams get more flexibility and visibility, with expanded reporting and auditing across every company and currency.

General Ledger

A flexible chart of accounts with dimensions such as company, department, project, vessel and cost centre, so one ledger answers every management and statutory question.

Journals

Manual, recurring and reversing journals with approval before posting, plus automatic journals from every operational document so nothing is re-keyed.

Accounts Payable

Supplier invoices matched to purchase orders and receipts, due dates and payment runs, and an ageing view of what you owe and when.

Accounts Receivable

Customer invoices, credit notes and statements with receivable ageing, credit limits and follow-up of overdue balances.

Bank & Cash

Bank accounts, cash boxes, payments and receipts in one place, with bank reconciliation that shows exactly what has cleared.

Payment Allocation

Allocate payments and receipts against one or many invoices, handle partial payments and advances, and keep every open item accurate.

Multi-Currency

Transact in any currency with exchange rates, realised and unrealised gains and losses, and reporting in your functional currency.

Period Close

Open and close periods by company and document type, so month-end is controlled and closed periods cannot be changed by accident.

Financial Statements

Trial balance, profit and loss, balance sheet and cash flow by company, consolidated or by any dimension, straight from live data.

Ledger Reports

General ledger, account statements, journal listings and audit reports with drill-down from every total to the source document.

Benefits

Why businesses choose eVitalyst Finance & Accounting

01

Real-time numbers

Every approved purchase, sale and payroll run posts immediately, so management reports reflect today, not last month.

02

A faster month-end

Automatic postings, controlled periods and reconciled banks remove most of the manual work from closing the books.

03

One ledger for many companies

Run several companies and currencies on one platform, with inter-company visibility and consolidated reporting.

04

Audit-ready by design

Approvals, document links and a full change history mean auditors can follow any figure back to its origin.

Who uses Finance & Accounting

  • CFO and finance managers: See profitability, cash and balances across every company in real time.
  • Accountants: Post, reconcile and close with far fewer manual journals.
  • Auditors: Trace any balance to its documents and approvals.

Built for the UAE and GCC

Built for businesses in the UAE and the wider GCC: VAT is applied on every transaction through the Tax & e-Invoicing module, multi-currency handles AED, SAR, USD and more, and statements can be produced per legal entity for free-zone and mainland companies alike.

How it fits

Part of the Finance flow

Control finance end to end, from ledger to compliance.

  1. 01

    Record

    Sales, purchasing, payroll and projects post to the ledger automatically.

  2. 02

    Control

    Budgets, approvals and matching keep spending within policy.

  3. 03

    Close

    Schedules, bank and period close finish month-end on time.

  4. 04

    Report

    Statements, VAT returns and dashboards are ready when you are.

eVitalyst AI

Ask AI about your Accounting data

Your Accounting data data is already in eVitalyst. Ask questions in plain language, build dashboards without a developer and get insights while you enter data.

FAQ

Finance & Accounting, answered

What is financial management software?

It is the part of an ERP that keeps your books: general ledger, accounts payable and receivable, bank and cash, and financial statements. In eVitalyst it is fed automatically by every other module, so your accounts are always up to date.

Can eVitalyst manage several companies and currencies?

Yes. You can run multiple companies on one platform, transact in any currency and report per company or consolidated, with exchange differences calculated for you.

Does it support UAE VAT?

Yes. VAT is configured once and applied on every invoice, and VAT reports and the FAF audit file come from the same data. UAE and KSA e-invoicing are covered by the Tax & e-Invoicing module.

How does eVitalyst speed up month-end close?

Operational documents post to the ledger automatically, banks are reconciled inside the system and periods are closed under control, so the close is mostly review rather than data entry.

Can I drill down from a report to the transaction?

Yes. Every total in the ledger and financial reports links through to the journal and the original document, such as the invoice or purchase order.

Ready to add Finance & Accounting?

See it with your own processes, or add it to your eVitalyst today.