Simplify your business accounting
Automatic billing and document control.
Creation of own economic analyses.
Comprehensive overview of expected income and expenses.
On-line communication with banks.
Registration and depreciation of long-term and small assets.
Accounting is the foundation of every ERP system
Accountants on the K2 Accounting module especially appreciate the interconnectedness of documents, the possibility of correcting documents that have already been booked; or simply creating your own economic analyzes – whether by centers or other axes. You always see everything important in one single, intuitive system.
Corrections and checks of documents
The K2 information system allows any number of corrections, as long as the accounting period is not closed. Emphasis is also placed on multiple checks – from matching to posting checks to cross-checks. And that includes permanent monitoring of additional interventions and repairs, which the K2 system immediately signals using the symbols of the selected operation.
Adjustments to receivables
In K2, the Adjustment items for receivables function is available, which can be used to create adjustment items for invoices issued and for other receivables. K2 automatically presets the appropriate types and percentage rates for tax and accounting adjustments. The user has the option to modify these values. At the same time, the program monitors already existing documents with correction items and warns about changes in the delay, or warns about exceeding the limit for the statute of limitations of the claim.
Management of all types of property
The K2 information system manages all commonly used types of property. You can use a selection of pre-set methods of asset depreciation, while the depreciation itself is solved in such a way as to satisfy the needs of Czech and Slovak legislation. Assets are registered and sorted using codes (e.g. location, center, order, goods, clerk etc.). In IS K2, it is possible to register property even before it is put into use. Functions for physical asset inventories are also available.
Why manage accounting and finance with K2?
- You get automatic posting of documents
- You can correct documents in the open period
- You will be able to create your own economic analyzes and evaluations
- Effective debt collection
- You will start to manage your finances comprehensively
- Easier management of travel orders
- Connection to workflow is an advantage
Examples of use
Automation of accounting operations
Every business has a high volume of daily transactions that include sales, purchases and banking transactions. Using the Accounting and Finance module in the K2 system, a business can automate the recording of these transactions. The K2 system automatically assigns the correct accounting entries to each transaction, reducing the risk of human error and increasing the efficiency of the accounting process.
Creation of financial analyzes and reports
The K2 system allows companies to create detailed financial analyzes and reports. Businesses can analyze their financial statements, monitor the performance of individual divisions or product lines, and identify areas for improvement.
Management of receivables and payables
K2 enables the company to effectively manage its receivables and payables. The system monitors the maturity of invoices and automatically creates reminders for unpaid invoices. This helps keep cash flow under control and minimize the risk of late payments.