Track liabilities and manage your cash flow

SIMS tracks liability payments by contract as well as by distributor and consolidates data for group roll-up reporting. With SIMS you can:

  • enter credits, down payments and other related contractual expenses
  • post payments as checks or electronic transfers
  • enter payments to third-party companies
  • make payments based on invoices
  • set up cash flow management with or without float
  • calculate imputed interest on payment schedules
  • set up principal and interest GL codes
  • define multiple currencies and display currency exchange rates for current payments
  • track gains and losses due to currency exchange
  • interface to third-party accounting packages

 

 

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