Operations Management

Keeping financial data organized and in a format that will help to make profitable decisions is one of the main functions of ProfitMaster Canada's Operations Management. This application provides important tools that bring together financial entries conducted throughout the entire ProfitMaster Canada system. This integration provides a complete picture of your company's activities. In addition to supplying valuable reports, Operations Management compiles other data for balancing bank accounts and for automatic posting to the General Ledger.

Features and Benefits

• Provides a computerized cheque book, with reconciliation of all chequing and savings accounts.
• Capable of handling up to 99 different accounts.
• Processes cheques and adjustments recorded through Operations Management and those recorded separately through Accounts Payable applications.
• Records returned cheques to assist reconciliation, and provides a bad cheque history file.
• Identifies sources and uses of funds.
• An analysis of your business data captured from all of the other applicable ProfitMaster Canada applications including:
  • A Daily Analysis, which reflects all transactions for the day, as well as your operating expenses and profit.
  • Averages for this operating day, reflecting average sale and profit made by your business during the day.
  • Averages daily for Current month-to-date, which reflects the average daily sales and profits recorded during the current operating period.
  • A Monthly Analysis, which shows month-to-date cash sales and other transactions, as well as month-to-date operating expenses and profits.
  • Daily Changes in Balance, which summarizes your current Accounts Receivable, Inventory, and Accounts Payable.
  • A Performance-to-Goals Analysis, which compares your actual sales and profit figures to the projected figures. The Performance-to-Goals analysis provides figures for the day and for the month to date; it also compares actual figures against projected month-end figures.