General Ledger is built with the flexibility to support multiple ledgers, many organizational entities, user-defined calendars, multiple charts-of-accounts and includes robust allocation capabilities. Plus, user-defined attributes provide a flexible accounting structure for ad hoc reporting and analysis.
General Ledger General Ledger
General Ledger is built with the flexibility to support multiple ledgers, many organizational entities, user-defined calendars, multiple charts-of-accounts and includes robust allocation capabilities. Plus, user-defined attributes provide a flexible accounting structure for ad hoc reporting and analysis.- Software
- Business Need
- Services
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Accounts Payable
- With Accounts Payable, a single, simplified entry screen lets your users become more productive. Enter all of the invoice information you need – from full account structures to prorated add-on costs and allowances. Enter invoices, create and store vendor records, manage cash flow and generate payments.
- Accounts Payable S3
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Accounts Receivable
- With minimal manual processing, Accounts Receivable allows you to define credit management policies, automate collections tasks, manage cash transactions, keep track of short payments and more. You also have the ability to process receipts, manage customer credit and track historical trends.
- Accounts Receivable S3
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Asset Management
- Lawson Asset Management gives you access to key asset information such as book value, location of assets, inventory costs, lease costs and depreciation values. Configure asset definitions by department, cost center or location while complying with current accounting standards and reporting requirements.
- Asset Management
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Budgeting & Planning
- Lawson Budgeting and Planning can help your organization achieve and maintain accurate visibility and control over your forward-looking financial picture, which is critical to achieving profitability objectives.
- Budgeting & Planning
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Cost Accounting
- Lawson M3 Cost Accounting (CAC) is an essential tool for integrating and analyzing manufacturing operations. It provides the checkpoint and gateway for all manufacturing and distribution-related financial information, and generates all logistical and production-related financial entries for Lawson M3. It supports cost breakdown and analysis and can distinguish between internal and external transactions, allowing you to view results from varying perspectives. Sophisticated cost analysis models indicate costs based on actual levels of production or activity. The system can take into account the activity level for a certain period and adjust budget values accordingly.
- Cost Accounting
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Current Assets
- Lawson M3 Current Assets (CUR) is the complete, integrated tool for inventory and investment valuation. The tool enables users to value inventory in a number of different ways. These might include financial or regulatory reporting, internal measurement or tax accounting. In addition, if a company has significant holdings that fluctuate, it needs to know more than the investment book value. Current Assets is the ideal tool for calculating gains and losses.
- Current Assets
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Fixed Assets
- Lawson M3 Fixed Assets (FAS) is a comprehensive asset accounting tool that helps you select the optimal accounting and tax strategies for the enterprise. You can administer, track, and control your investments in property, plant, and equipment throughout the enterprise and around the world.
- Fixed Assets
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Payroll
- Process payments, automate deduction creation and support simultaneous North American payrolls.
- Payroll
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Strategic Ledger
- Strategic Ledger extracts data from disparate systems across the enterprise, including General Ledger, to fuel user-defined data marts for analysis and reporting. This information is immediately accessible, role-based, current and secure, allowing real-time metrics to gain insight as to where your business is going. Strategic Ledger lets you create calendars (daily, weekly, monthly, quarterly) which function independently of the General Ledger calendar. Normal operations are not disrupted, nor are data warehouses created unnecessarily. And because it’s user-driven, Strategic Ledger demands minimal involvement from already busy IT departments.
- Strategic Ledger
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Improve accounting efficiency and accuracy
- Lawson offers a complete set of tools designed for efficient internal and time accounting, cost accounting, product costing, budgeting and cash management. Each module enables you to analyze and plan, as well as display detailed management views of your organization's key business processes.
- Improve-accounting-efficiency-and-accuracy
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Streamline the management of general ledger when incorporating new companies through mergers and acquisitions
- If your organization faces the difficult task of consolidating companies onto a single financial system and combining the various outsourced and in-house departments into a single unit, Lawson is the answer. Our systems are fully suited to support your brand vision. It is flexible, offers sophisticated analysis and reporting tools, can easily integrate data from different departments and systems, and has a Franchise Management component suited for handling the kind of billing, analysis, and reporting needed for multi-site financial reporting.
- Streamline-the-management-of-general-ledger
