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The Nujit General Ledgers gives
accounting and finance personnel complete control over financials transactions.
Financial transactions are linked directly to each source transaction so any
transaction can be reviewed. The Nujit General Ledger manages multiple
currencies, corporations, companies, branches and plants. In addition, the
ledger accounts can be broken into different segments and managed through
rollup accounts to so that details are maintained in the general ledger if
necessary but managed at summary level.
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The Nujit Accounts Receivable
system gives accounting personnel complete control from order management to
invoicing to receipt of paymant. Payments can be entered in through cash,
credit card, automatic electronic remittances, or checks in multiple
currencies. Discounts and rebates can be applied and through the processing of
payment batches. Direct links with sales invoices and invoice line items allow
for cash application by invoice or invoice line item. Unpaid invoice and
invoice details can be linked directly to collection processing.
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The Nujit Accounts Payable system
gives accounting personnel complete control from receipt of goods to supplier
invoice to payment of invoices. The system manages simplies the processing of
transactions with various features that reduce keystokes and eliminate
potential errors. Payments to suppliers can be scheduled in a manner to take
advantage of retaining cash for longer periods of time. Additionally, there are
processes inherent that allow for creating claims or chargebacks for suppliers
that fail to deliver expected receipts. Advanced features such foreign
exchange, wire payments, contract payments, advances, and accrued charges
through purchasing or freight container management are all part of the standard
system. More
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The Nujit Banking modules gives
accounting and finance personnel the control over all transactions associated
with bank accounts. Accounts are managed for foreign exchange transactions,
intercompany transactions, and international wire transactions between
countries and if necessary currencies. These details are summarized into simple
screens that give a complete financial picture of the company.
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The Nujit Foreign Exchange system
gives accounting and finance personnel the ability to transact each transaction
properly through the software system allow for changing exchange rates and
transaction specific rates. Cash can be exchanged for different currencies and
all assets are maintained in their original currency. More
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The Nujit costing system allows for
complete costing flexibility that includes FIFO costing, standard costing,
average costing and LIFO costing. Additional NICOGS (Non-Inventory COst of
Goods) charges, actual or accrued, can either be allocated directly to the cost
of materials. Material and all other costs follow the goods from receipt to the
delivery directly to the customer. This level of detail gives a much clearer
picture for the actual cost of purchasing the product and their profitability
of the transaction. More Info
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