KB20240520/01: Sage X3 – Financial Management

Sage X3 is an ERP solution that provide you with rich capabilities. One of these capabilities is Financial Management.

• Financial Management includes General Ledger, Accounts Payable, Accounts Receivable, Cashbook & Fixed Assets.
• Multi-company: Ability to manage several companies in the same database. It enables an organization to share the same repository while dedicating some data to one or several site/companies.
• Multi-site: Ability to manage several structures within a company, due to business, organizational, or geographic needs.
• Multi-currency: Ability to manage transaction currency. The amounts in this transaction currency are translated into a ‘ledger’ currency.
• Multi-ledger: Ability to define several ledgers for one company. Ledgers can be shared or dedicated.
• Multi-legislation: Ability to manage several companies located in different countries. In this case, local rules are applied depending on the context. These rules can be defined using user-designed settings.
• Close periods for a single module, a single company or multiple companies at once.
• Have from 1 to 9 ledgers to report on. Manage Dimensions with a validity date range.
• Have the power of reporting from 1 to 9 Dimension Types.
• Close journals independent of period closure.
• Fixed or Variable Recurring journals.
• You decide on the document numbering sequence for journals, invoices, payments, orders etc.  
• Automatic VAT calculation and reporting. Withholding Tax management.
• Automatic inter-site and inter-company transaction management.
• Recurring invoice management with alerts, workflows and traceability.