ERP FAQs: What Does the Term "Core Financials" Mean?

When looking at ERP software systems, you may notice the term "core financials" used in the discussion.  Today, we want to give you a little more insight into what core financials refers to.

Core Financials describes the base financial accounting software modules, such as those found in Sage 500 ERP, and include:

• General Ledger
• Accounts Payable,
• Accounts Receivable
• Cash Management
• Purchase Order
• Multi-currency Management
• Allocations
• Active Planner Budgeting
• Fixed Assets

These are the basic "core" modules that will help you operate your business from a financial perspective.  There are a number of other modules available to help you manage other areas of your business, depending on if you are involved a warehouse distribution, manufacturing, or even process manufacturing.

For more information, please visit www.evs-sw.com.