Epicor eFinancials eBackOffice Accounting Software Modules

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Epicor eFinancials is a versatile suite of highly adaptable, totally integrated accounting applications for the midmarket. It was the first accounting software product to receive the coveted Designed for Microsoft® BackOffice Logo. eFinancials provides enhanced flexibility, low cost of ownership and fast implementation, with the scalability to grow with our customers' requirements. The solution offers advanced multi-currency capabilities and features to manage a business in the global marketplace. Currently, more than 2,000 customers worldwide use eFinancials.

 Currency Manager top

Process Multicurrency Transactions and Consolidate Foreign Operations in Accordance with FASB 52 and IAS 25 

You do business in a global economy, and e by Epicor is designed to meet the requirements of companies doing business internationally. Our Currency Manager and advanced multi-currency functionality let you maintain multiple exchange rates for an unlimited number of currencies, automatically calculate gains and losses from exchange rate fluctuations, reevaluate accounts held in natural currencies, and more. Powerful operational currency and support for the Euro gives businesses the confidence to manage their operations throughout the European community. 

Multi-currency processing is quick and easy. Based on a transaction's apply date, the system finds the appropriate exchange rate, calculates the translation, and displays the debits and credits in both the home and the natural currency. The system not only stores total account balances in a company's home currency, but also stores the amount of natural currencies that contributed to each account balance, giving you powerful reporting options. With our reevaluation feature, you can devaluate and generate provisional financial reports with the most current balances available and later post the final revaluation. And, you can update exchange rates across multiple companies with one step, and easily consolidate companies that process in different currencies. 

Advanced Allocations top
 
Manage the complexities of allocations to bring new efficiencies to your financial accounting 

Advanced Allocations is the perfect companion to the General Ledger. Advanced Allocations automates the entire process of journal allocations and accruals, eliminating redundant effort in spreadsheet and side systems, providing more powerful allocation possibilities, and providing meaningful information through trial allocations and accruals without committing to an accounting transaction. 
Powerful basis formulas let you retrieve values from actual, budget or statistical balances for any accounts or periods, or even use ranges, wildcard masking, SQL queries and more to create and manage complex allocations easily. ODBC technology even lets you use non-accounting system data for your calculations. Full inter-company and multi-currency processing is supported, and the intuitive interface and user-defined processing parameters make this powerful allocations system easy to use. 



FRx Reporting top

FRx is a powerful, yet easy-to-use financial reporting application that is tightly integrated with eBackOffice General Ledger. 

Designed specifically for accounting and financial professionals, FRx provides meaningful, comprehensive and highly customizable financial and management reports. FRx allows you to view your operation in ways that you never imagined, delivering rapid access to the critical information you need to make effective business decisions. 

With FRx, financial and managerial reporting possibilities are virtually unlimited. Whether the need is for income statements, balance sheets, consolidated reports, variance reports, side-by-side departmental comparisons, ratio analysis, or other unique or changing business demands, FRx can create the report regardless of complexity. Sophisticated row-and-column calculation capabilities, account filters, sort controls, rounding options and many other built-in financial reporting features support the needs of even the most demanding reporting environments. 

What's more, report development is easy. FRx features an intuitive, spreadsheet style interface, as well as a graphical representation of your organization for a multidimensional and dynamic view of reporting structures. Report building blocks provide flexible customization options. 

Best of all, FRx automatically understands the complexities and nuances of your accounting structures and underlying databases so users don't have to. Accounting and finance professionals can create, maintain and generate sophisticated reports without IS assistance. 

FRx is integrated with e by Epicor (and its legacy Platinum ERA/SQL application), Platinum for Windows, and certain iSolutions products. 

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