Marine Accounting & MIS

Marine AccountingThis module is designed for multi-Company, multi-Group, multi-Currency Accounting support. Reporting is available to perform all levels of Consolidation. Novel architecture enables dynamic chart of Account definition. Support of Voyage Accounting and Analysis, Running Cost Reporting, Cash Flow Analysis including accruals. Suitable for Ship management, Ship owning, Ship holding Groups, Operators, Agents, Bunker Traders, etc.

  • Monitoring journals between more than one open financial periods.
  • Compatible with SOX Rules.
  • The data entry screens, the report parameters, and the user defined reporting provide the user with maximum flexibility.
  • Security system with user defined roles and tasks, ensures access rights for selected users.
  • User Defined Chart of Accounts and ability of reorganization of accounts according to the needs of the company.
  • User Defined Chart Types for further Analysis of COA
  • All available reporting can be exported to Microsoft Excel for further manipulation.
  • Voyage Accounting data entry and reporting is fully supported.
  • Automatic calculation of Exchange Differences and Revaluation.
  • Automatic creation of Inter-company Transactions.
  • Automatic Calculation of Prepayments between more than one financial periods based on the allocation period of running expenses.
  • Ability to scan or attach all types of documents on transactions.
  • Breakdown of Running Expenses (Accruals) based on the allocation periods.
  • Automatic Closing – Opening of financial period (ability of reverse procedure is   available).
  • Year End Closing entry per vessel/company is automatically created.
Advertisements