TSM Advantage - FMS is our premium Financial Management Solution. It may be used stand-alone or combined with our own winery or fresh produce management suites for complete end to end solutions.

From purchasing, to inventory management, through sales and budgeting, invoicing and accounts payable and a flexible GL account structure to mimic your company structure, TSM Advantage - FMS allows you to manage your organisation to your requirements. It also fully GST and WET tax compliant.

For a complete enterprise solution add BOM and Production Planning, Asset Management, comprehensive data warehousing, analysis and reporting and support for external interfaces

General Ledger

• Comprehensive and flexible account and entity structure to model your accounts along the lines of your organisation
• Ability to consolidate and restructure the chart of accounts
• Multiple companies, locations and multiple currencies
• Flexible management reporting including the use of reporting companies
• Complete monthly reporting including Profit and Loss, Balance sheets, Cash flow
• Support for allocation accounts to break up costs across multiple accounts
• Support for subsidiary ledgers (distribution journals)
• Support for accruals, reversing entries, adjusting entries, inter-company eliminations
• Recurring and reversal journals, period closing and year end closing
• Support for 3rd party reporting tools

Sales and Accounts Receivable

• Support for multi currency
• Automatic or manual posting
• Flexible account structure
• Support for Cash Receipting, Sales Orders, Picking slips, Invoicing and Credit entry
• Comprehensive support for lot or serial tracked sales and invoicing
• Credit holds, overdue monitoring, licensees
• Sales analysis including product budgets by areas, account managers and customers
• Support for third party reporting tools
• Interfaces to electronic cash registers, over the counter sales

Accounts Payable

• Support for multi currency overseas suppliers (vendors)
• Supplier number by ledger and grouped suppliers for reporting
• Quick and easy bank statement reconciliation for multiple companies, banks and currencies
• Extensive BAS reporting (including transaction reports for ATO Audits)
• Alpha search
• Flexible supplier terms which allows for the automatic calculation of date of payment from the date of entry
• Normal payments from specified Bank account
• Support for both EFT (Electronic funds transfer) and EDF (Electronic document facility) for the external distribution of documents

Purchasing

• Support for regular or blanket orders, none stocked items and returned items.
• Costs can be assigned to more than one general ledger account number with separate defaults for each item
• Provision for both commitments and accruals
• Support for standard and variance costing
• Interfaced to Accounts Payable, Inventory and General Ledger
• Buy, receive and stock unit support
• Full lot and serial tracked item purchasing

Inventory Management

• Multiple companies and multiple warehouses
• Multiple inventory locations
• Support for both stock, non-stocked and substitute items
• Multiple costing types, pricing methods, discount structures
• Different selling, stocking and purchasing units of measures and part units
• Minimum, maximum, multiple, safety stocks and EOQ stock levels maintained for re-order reporting
• Suggested re-order reporting
• Normal and rolling stocktake

Asset Management

• Grouped assets
• Book and tax depreciation
• Prime cost and diminishing value
• Fully integrated or stand alone