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  Home Al-Motammem Modules/ Functions Al-Motammem?Financials  
Microtech Al-Motammem?Financials
Cover accounting and financial activities in medium to large operations. Developed and designed using solid quality control and assurance procedures to ensure ultimate use at various sectors and different countries. The suite assists users in logistics performance, evaluation, projections, forecasting, share valuation, and cash flow calculation. To this end, detailed information and reports are provided to top management and other managerial levels to help in strategic decision making. Confidentiality is guaranteed through a sophisticated, yet practical, security system that covers data items, screens and transactions and allows security levels to be determined according to user access levels.
Al-Motammem?Financial Solutions Chart
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Al-Motammem?General Ledger
The General Ledger module lies at the core of Al Motammem financial solutions. It is designed to provide user-friendly account structure offering complete accounting control. All other modules integrate directly and automatically update the General Ledger.
  • Main features
    • Real life operation compliance guaranteed through simultaneous posting between two consecutive periods [years], and automatic adjustment of beginning balance with closing period account.
    • Flexible and comprehensive user defined coding system [chart of accounts] up to 15 alphanumeric characters and 11 hierarchical levels.
    • Accurate costing through a user defined, hierarchical cost center chart of up to 9 alphanumeric characters and 7 levels.
    • Minimizes contingency costs resulting from currency exchange rate variations through the possibility of handling multi-currency format and accurate amendment of old transactions according to changing exchange rates.
    • Provides pre-posting audit to review and audit final results before posting
    • Minimizes inaccuracies by saving time and effort through automatic, user defined recurring entries
    • On-line auditing and revision through annual and monthly balance sheets for all account levels, cost centers and currencies with explanatory diversion percentage for each balance sheet.
    • Allows free form balance sheets design. Compresses [and expands] data for archival purposes.
    • Accurate final reports with the possibility of saving two years for detailed or brief comparative reports.
    • Allows flexible and practical usage through the possibility of amending transactions and / or its influence[s] in case a balance sheet[s] modification is needed
Al-Motammem?Inventory & Stock Management
Provides control over taking and transcribing physical inventory, effectively cutting downtime and cost. Provides command over warehousing day-to-day logistics, from purchasing to delivery. Provides maximum flexibility to process any operation on inventory. Automatically maintains accurate information and easy access to records, supplying the user with complete tracking functionality and extensive reporting capabilities.
  • Main features
    • Flexibility usage via optional, periodical or continuous inventory audit when posting to General Ledger system.
    • Accurate and understandable user defined item codes of up to 5 segments and 25 alphanumeric characters providing versatility in operation offered through processing four types of items: Assembly, Description as well as Standard and Non-Stock items.
    • Compatible with different company systems through supporting five costing and pricing methods; LIFO, FIFO, average price, expiry date in addition to user preference.
    • Enables calculation of items selling price and their corresponding tax status in multiple ways.
    • Adaptability to companies?system through up to 99 user defined transaction sub-types for every item within each transaction type: credit, debit, transfer and assembly.
    • Integrity through relating transaction to cost centers, and correlating different quantity units. Possibility of automating cost calculation.
    • Assures continuation of workflow by supporting negative balances and stop issue items.
    • Easy to use reporting system that ensures accuracy through supporting four correlated types of transactions: credit, debit, transfer, and assembly. Accordingly influencing assembled item[s] and their components.
    • Reports for items are in two quantity units in addition to an original unit. This creates three variables: quantity, weight and space
    • Quick, accurate and easy inventory checks through automatic reports of credit and debit items, plus inventory adjustment at any time of year.
    • Situational adaptability through stop or on reserve issue for sold items, in addition to processing up to four pricing categories.
Al-Motammem?Accounts Receivable
The accounts receivable module is feature rich as any complex system while easy to use. The module, gains full power and flexibility by accessing comprehensive data allowing you to manage your cash flow, track and predict customer-buying patterns thus providing superior customer service levels. Make the right decision at the right time without loosing track of your sales targets.
  • Main features
    • Organizes customers&##39; data through maintaining contact persons and financial information, with the possibility of categorizing customers according to area and type, for easily sorted reports.
    • Arranges sales data through holding related information from personal to user defined incentive payment methods for executives, supervisors and other departments.
    • Non-stop workflow and full control over document cycles during sales process, offers, purchase orders, invoices, refunds, bills, refund memos, and receipts.
    • Processing efficiency through a possibility of calculating invoice prices for each item according to customer&##39;s category and / or quantity as defined by user item and customer.
    • Minimizes inaccuracy and errors in handling multi-linked documents related to quantity or value, in addition to calculating payments and refunds in different currencies and their conversion.
    • Saves time and effort through automatic continuation of document cycles throughout the sales cycle and automatic transaction generation when posting to general ledger.
    • Caters for flexible calculation of taxes and stamps in different schemes and on different levels.
    • Offers adaptability through printing account reviews for any customer at any time. Users and automatic calculation of delayed interest charge define reviews.
    • Generates credit and debit receipts for sold or refunded items with automatic transaction generation.
    • On line reporting system of credit limit predefined by user for each customer.
    • Prepares and prints cash flow collection, payment and promissory notes, special write-off&##39;s, and aging receipts. Efficiency in processing through printing sales analysis by item, category, date, customer type, area, branch and sales representative.
    • Security levels are determined according to users&##39; title and / or authority with the ability to hide cost figures from specific users.
Al-Motammem?Accounts Payable
Controlling cash flow is a prerequisite to running successful businesses. Al-Motammem Accounts Payable is a highly comprehensive tool in terms of control and power. It enables you to manage cash flow efficiently, cutting down costs and allowing you to use your money effectively. Flexibility and power are the hallmarks of this fully functional payable management module. It enables users to gain insight into their purchase-planning environment whereby purchases are tracked, predicted and expenditures are analyzed, thereby maintaining a good vendor relationship. Combining all this with its user-friendliness makes it an ideal accounts payable module for all businesses.
  • Main features
    • Organization of suppliers&##39; data through maintaining contact persons and financial information, with the possibility of categorizing suppliers according to area and type, for easily sorted reports.
    • Non-stop workflow and full control over document cycles. Easiness through automatic cost center calculations, and automatic refunding value calculations for future collection. Information would be used in a sequence selected by the user, during purchase orders, invoices, refunds, bills, refund memos, and receipts.
    • Minimizes inaccuracy and errors in handling multi-linked documents, related to quantity or value, in addition to calculating payments and refunds in different currencies and converting them to local currencies, as defined by the user.
    • Saves time and effort through automatic continuation of document cycles throughout the purchasing cycle and automatic generation of transactions when posting to General Ledger. Automatically links purchase orders with the rest of inventory documents for identifying credit limit surpasses and forecasting items replenishment.
    • On line reporting system for payments and refunds of each supplier in different currencies. Also tracking unpaid items and notes payable per branch, supplier, and/ or item.
    • User defined means of payment: cash, credit cards, notes payable and receivable.
    • Guaranteed confidentiality through password-protected accounts for each user. Security levels are determined according to users&##39; titles, and / or authority.
    • Flexibility in application through calculation of taxes and stamps in different schemes and on different levels, and their influence on cost. All documents, including purchase orders, invoices, refunds, bills, refund memos, and receipts may be re-formatted and printed for both internal and external use.
    • Supports accurate decision making through analytical reports on purchases, by item, type and / or supplier, reporting all notes [payable & receivable], payment and promissory notes, aging receipts and warning of interest charges due to delays.
Al-Motammem?Letters of Credit
The ultimate solution for following up on imports. Accommodates real life situations and prevents problem occurrence that importers might encounter every day. It integrates with the General Ledger, Stock and Inventory Management, and Accounts Payable systems for best manageability of your import transactions and activities.
  • Main features
    • Flexibility to match practical business life through allowing multi-entry for primary bills and its expenses as well as detailed information about each letter of credit in different forms. Preparation of proforma invoices.
    • Versatility through allowing detailed entry of LC expenses in any currency and automatically calculating its equivalent in local currency.
    • Time and effort savings through automatic calculation of transportation expenses with a user defined rate or value for each item in the shipment and calculating the total expenses and cost for each shipment item in foreign currency or its equivalent [in local currency]
    • Efficiency through permitting receipt of partial and complete shipments as well as posting them to Accounts Payable. Calculating cost in the general ledger upon shipment arrival, and automatic transaction generation.
    • Assists accurate decision-making through reports of reserved and defective items for each shipment.
Al-Motammem?Fixed Assets
Al-Motammem fixed assets module knows it all. It holds all assets?historical data, organizes assets by budget group, and asset category. It supports new asset authorization requests and denials, and calculates depreciation through more than one method.
  • Main features
    • Accurate detailed reports on each asset, by group or asset category and their value at any time.
    • Automatic generation of transactions when posting to general ledger monthly or manually by user.
    • Confidentiality is guaranteed through password-protected accounts for each user. Security levels are determined accoding to users?titles and / or authority.
    • Flexibility in application through handling revaluation or denial of assets; and adjusting depreciation automatically. User defined rate and method of depreciation, on each asset, by group or asset category.
    • Effort and time saving through handling authorization requests of denials and required documents with the possibility of asset documentation and automatic depreciation calculation by different methods.
    • Extremely flexible in accommodating different sector needs [governmental, public, private] as well as different countries&##39; requirements.
    • Training requirements, plans, projections and future forecasting for Human Resources activities become much easier using this solution.
 
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