<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=8778010&amp;fmt=gif">
Skip to content
Close
SEARCH
en-us
en-gb
Book a personalized demo
Support
en-us
en-gb
Book a personalized demo
Support

Explore all capabilities
See the full list of GenetiQ ERP features and tools →

Talk to an expert
Get personalized guidance for your business →

genetiq-cloud-yellow-grey-background-4k

Financials and accounting

Manage financials within the same ERP platform as sales, purchasing and inventory, giving finance teams clearer visibility of transactions, margins, balances and business performance without relying on disconnected financial systems.

See how GenetiQ works
10-month-end-no-left-panel

 

 

How can ERP improve financial management for an LBM business?  

GenetiQ brings core financial processes into the same ERP system as sales, purchasing and inventory, helping finance teams work from connected operational and accounting data.
The platform supports general ledger management, accounts payable, accounts receivable, bank and cash management, month-end processes, asset registers and financial reporting. This gives teams better visibility of transactions, balances and margins while reducing the need to reconcile disconnected systems.

 

 

08-fixed-asset-register-stylised

Keep financial control connected to the rest of your business

Manage core accounting, banking and financial workflows in the same ERP system as sales, purchasing and inventory, giving finance teams a clearer view of transactions, balances and performance. 

General ledger and management accounts

Manage general ledger structures, departments, cost centers, posting maps, journals, accruals and prepayments within the core accounting workflow. 


  
Accounts payable Register supplier invoices and credit notes, match invoices, manage payments and handle credit note matching through structured AP workflows.  
Accounts receivable

Manage customer invoicing, receipts, credit control, returns and outstanding balances within the same connected financial system.

  
Bank and cash management

Manage bank accounts, cash activity, payments, transfers and reconciliation, with financial activity feeding into the general ledger. 

  
Month-end, assets and financial control Support month-end workflows alongside currency control, asset registers and other accounting processes that help finance teams maintain more accurate records.  
Financial reporting and margin visibility

Bring operational and financial information together so finance and management teams can monitor business performance, margins and financial activity without reconciling separate systems. 

  

Connect financial control with day-to-day operations

GenetiQ brings operational and financial data together so teams can trace transactions more easily, monitor margins, manage cash and keep month-end processes aligned with what is happening across the business.

Trace financial activity more easily

Connect sales, purchasing and inventory transactions back to the financial records they affect.

Improve margin visibility

Give finance and management teams a clearer view of margins and profitability using connected operational and accounting data.

Keep month-end under control

Support more consistent reconciliation, accruals, journals and reporting without piecing together information from disconnected systems.

genetiq-buyer-workflow-stylised-16x10

See how GenetiQ connects financials with your wider operation

See how accounting, cash management, reporting and margin visibility can stay connected with sales, purchasing and inventory in one ERP platform.
See GenetiQ in action

Frequently asked questions

Does GenetiQ include integrated financial accounting? Yes. GenetiQ connects core financial processes with sales, purchasing and inventory activity in the same ERP platform, reducing the need to reconcile separate systems.
Can GenetiQ manage accounts payable and accounts receivable? Yes. GenetiQ supports supplier invoices, credit notes, payments, customer invoicing, receipts, credit control and outstanding balances within connected AP and AR workflows.
Does GenetiQ support bank reconciliation and cash management?

Yes. GenetiQ supports bank accounts, cash activity, payments, transfers and reconciliation, with related financial activity feeding into the general ledger.
Can GenetiQ support month-end accounting processes?

Yes. GenetiQ supports journals, accruals, prepayments, reconciliation and other month-end processes to help finance teams maintain more accurate financial records.
Can GenetiQ help track margins and financial performance? Yes. Because operational and financial information are connected, GenetiQ can give finance and management teams clearer visibility of margins, transactions and wider business performance.