General methodology of working with the software consists in the following sequence of actions.
Software setting unit
Completion of FRC list, budgets, categories of cash flows, operating accounts and cash.
Addition of users and setting of their rights.
Cash flows planning block (annual and monthly reports)
Completion and execution of FRC budgets (for month: 4-5 days before the beginning of planned month; for year: November). Through menu option “Planned indications”=> “Completion of monthly (annual) budgets” select a month (year), FRC and budget.
Optimization of cash flows plan and removal of cash deficiencies (for month: 3-4 days before the beginning of planned month; for year: first week of December).
Agreement of cash flows plan in view of FRC with their managers (for month: 2-3 days before the beginning of planned month; for year: second and third weeks of December).
Printing of master, operating and FRC budgets (if necessary) and their confirmation (for month: 1-2 days before the beginning of planned month; for year: fourth week of December).
Closing of planning (the button in the bottom of “Monthly master budget” and “Annual master budget” forms). After the planning completion the correction of period budgets is possible only after opening of planning. Access to the button is provided for by particular rights.
Block of payments and current control
Completion and execution of register of incoming payments. At this stage the actual incoming payments are controlled for compliance with the plan from daily and monthly perspective.
Completion of register of outgoing payments and its execution. At this stage the actual outgoing payments are controlled for compliance with the plan from daily and monthly perspective. This stage also provides automatic completion of annual and monthly budgets with actual data (Actual indications => monthly master budget (master annual budget)). In view of budgets and FRC (Actual indications=> Operating monthly budgets (operating annual budgets)).
Plan/fact analysis of compliance of planned and actual cash flows payments.
The software includes 33 standard reports and report designer necessary for drawing up of user reports.