The Cashbook module allows you to process your receipts and payments with reconciliation and reporting. Carry out Cashbook posting during the bank statement reconciliation without leaving the process.
This module provides extensive invoicing and payment facilities, allowing you to process invoices several ways and manage all your supplier details efficiently.
You have a wide-range of sales invoicing facilities, to invoice your customers on a one-off basis or more routinely. The Sales Ledger module will also maintain customer records easily with full credit control desk functionality.
With the nominal ledger module you have extensive functionality and flexibility to assist in your financial management.
Budgeting & Forecasting
Budgeting and Forecasting offers powerful features and outstanding flexibility with a clear audit trail to help you manage your organisation’s budgets.
The module will record fixed assets with their associated details, including depreciation, value and digital images. It will allow for full component accounting with integration from Castleton Housing for property components, grants etc.
This will allow you to scan and attach any electronic file to a financial transaction or a supplier and/or customer.
Auto Bank Reconciliation
You can import your bank statement to automatically match against financial transactions.
Create Direct Debit files that can be sent to the bank for processing and generate automatic receipts.
Combined with the reporting tool XLR, you can draw real-time information from the finance database into the familiar surroundings of Excel. The system allows you to create high level management reports and forecasts, while enabling you to drill down to data at the transactional level. You have an extensive number of reporting options available and you can save specific enquiries to be used again and made available to all staff. In addition, you can schedule reports to run and be delivered at specific times using Castleton Reporting.
The SQL database structure means that the Financials system is fully scalable and can accommodate multiple companies and entities, while easily managing intercompany postings and reconciliations.
Ease of implementation
Castleton Financials’ single ledger format makes it more robust and simpler to manage from an IT perspective. Consequently, it can be implemented quickly and efficiently, minimising expensive downtime and service disruption. In addition, the data conversion wizard can easily import current and historical data from an existing system into the Financials database.
The combination of simplicity and flexibility in the system provide a comprehensive and powerful finance solution capable of dealing with highly complex accounts requirements, while delivering excellent value for money.