Royal 4 ERP Financials is a comprehensive financial management suite designed to support manufacturers, distributors, and logistics providers. Available as a standalone product or integrated with Royal 4’s WISE WMS and other ERP modules, it offers robust functionality across general ledger, accounts payable, accounts receivable, fixed assets, payroll, and project accounting. The system supports multi-entity, multi-currency, and multi-lingual operations, providing complete visibility and control over financial processes.

Features

General Ledger (GL):

• Multi-company, multi-entity, multi-currency, and multi-lingual support.
• Entity table for defining divisions, branches, cost centers, and product lines.
• Calendar or fiscal accounting periods with soft closing.
• Journal entry types: regular, reversing, recurring, automatic distribution.
• Excel import/export and custom financial statements.
• Budget vs. actual comparisons. Accounts Payable (AP):
• Integrated with GL, PO, and project accounting.
• Voucher processing, vendor performance analysis, and 1099 data capture.
• Three-way matching with PO, receiving, and invoice.
• Cash analysis tools and reconciliation features.
• Reports: voucher/check registers, AP aging, AP distribution, management summary. Accounts Receivable (AR):
• Integrated with financial and distribution modules.
• Billing, credit tracking, charge-backs, commissions, rebates.
• Commission calculation based on sales or gross profit.
• Reports: AR aging, distribution, management summary, commission reports. Fixed Assets (FA):
• Interfaces with GL for monthly depreciation/amortization.
• Supports multiple depreciation methods and books (Internal, Federal, State, AMT).
• Tracks asset additions, retirements, projections, and net asset value.
• Manages prepaid expenses and intangible assets. Security & Compliance:
• Internal control system to meet regulatory compliance.
• Full audit trail across financial modules. Reporting:
• Embedded Crystal Reports for customizable dashboards and analytics.

Benefits

• Comprehensive Financial Control: Covers all core financial functions with deep integration.
• Scalable Architecture: Supports unlimited divisions, currencies, and entities.
• Improved Accuracy: Reduces errors with automated journal entries and reconciliation.
• Enhanced Visibility: Drill-down dashboards and comparative reports.
• Regulatory Compliance: Built-in controls and audit trails.
• Operational Efficiency: Streamlines billing, payments, and asset tracking.
• Global Readiness: Multi-lingual and multi-currency capabilities for international operations.