Financials

Financial control is critical to a jewelers operation. Having access to key performance indicators quickly and easily

Craftsman for Windows creates financial entries for each transaction affecting inventory and sales, allowing for robust audit reporting and a much simplified accounting process. Exceptions can be easily managed and information is entered only once, as merchandise receipts creates an Accounts Payable and journal entries are created for every transaction.

Key Features and Benefits:

• Fully-integrated to third Party Accounts Payable and General Ledger Systems
• Multi-company capability, including seamless inventory management and expense allocation with breakdown by store, account and department
• Financial Software can be selected based on Jewelers Requirements
• Detailed Accounting Registers for Sales, Inventory Receipts, Consigned Purchases, Transfers between locations and Inventory Adjustments are available for audit processing
• Complete Sales Tax Reporting for taxable and non-taxable sales, with up to 3 levels of tax rates.
• Accounts Receivable reporting to Credit Bureaus

Explore Features and Benefits:

• Financial Interface
• Transaction History
• Journal Entries
• Audit Reporting by Document

Financial Interface

After years of working with controllers and accounting departments who are particular about their software, ASC has built interfaces to the leading accounting software for Accounts Payable and Financial Reporting.

Transaction History

The system keeps a record of each transaction that affects inventory to allow for easy auditing for any transaction or pattern.

Journal Entries

While the Financial reporting system is a third party program, journal entries are made with the Craftsman product, allowing for viewing journal entries by day for each GL account.

 

 

 

 

 

 

 

 

Report by Day, GL Account, or Transaction Type (sales, receipts) for a quick look at how each account changed during the selected date range.

Audit Reporting by Document

Interested in knowing the specific journal entries made for a selected sales transaction? Inventory Receipt? Our audit trails provide for detailed reporting of GL entries made for any document