Finance

Managing finance transactions are an important part of an organization’s day-to-day business, and iMIS can make these responsibilities more efficient and effective.

The following Finance tasks can be performed by Staff users:

  • View and print an account statement (a summary of a contact’s open invoices) from the contact’s Staff account page on the Staff and Member sites for any contact with an outstanding balance.
  • Record cash receipts (payments that are applied against open items, received in advance of sales orders or requests, or of unknown purpose).
  • Enter and post inventory transactions, including:
    • Product inventory receipts
    • Inventory adjustments
    • Inventory transfers
  • Enter adjusted pledge and accrual credit and debit memos through the Advanced Accounting Console.
  • Manage batches (transaction records are created for various financial actions, and iMIS groups these transactions into batches).
  • Backdate their own and On Behalf Of cash and check transactions to make sure the date recorded in iMIS for transactions received through mail or over the phone match the true date of the transaction.
  • Configure financial entities and other accounting options.