SeaSoftERP Financial is specifically designed to meet the requirements of maritime management companies. It is the core of the Enterprise Resource Planning system, providing deep operational insight. It is directly connected with all other modules, ensuring that activities within them, like voyage creation (Chartering module), a new captain (Crew module), a new supplier (Purchasing module), etc. reflect directly to the financial module. This integration assures that information is retrieved instantly, there is no duplication of work, and errors are avoided.

Flexible built-in reporting functionality includes standard views like trial balance, ledgers, journals etc, configurable views combining various system entities like companies, accounts, sub-accounts, user defined dimensions etc., and a report generator for reports like balance sheet, P&L, etc.

Managing-company support

Automatic Posting of intercompany entries

Multi-Managing company (tree structure support)

Multi-company consolidated reporting
Multi-currency / exchange differences

On the fly conversion to current rates

Automatic Posting of exchange differences transactions

Configurable chart of accounts
Dynamic link of analytical accounts (from other modules)
User-defined dimensions
Payments procedure

Temporary status-approval-posting

Optional methods: Bank Order, e-Banking, Cheque, Cash

Running costs (Operational expenses)

Various calculation types

Comparison against budget

Estimation based on pending orders

Cost of repairs
Voyage results

Comparison against voyage estimation

Budget

Per company - account – year/month

Daily equivalent conversion

Monthly - Daily comparison against actual

Cash flow analysis
Loans
Accruals
Local particulars

Customization and adaptation to any country's legislation requirements

Data access privileges

Per user / company / account

Link with external postings

Validation procedures