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Epicor iScala Financials

Enhanced Financial Operations Come From the Core

At the heart of any enterprise resource planning (ERP) system are the financial ledgers, and Epicor iScala is no exception. The iScala Financials module provides an integrated set of ledgers including General Ledger, Sales Ledger, and Purchase Ledger.

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Overview
Benefits
Features
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Real-Time Financial Visibility

At the core of Epicor iScala is the integrated ledger infrastructure that captures the detailed, multidimensional financial transactions created by the many collaborative iScala modules and processes. These transactions could be the result of iScala collaborating with people in your organization, machinery on your production line, or other integrated applications.

  • Improve Financial Management: Assure the integrity of your financial data.
  • Enhance Productivity: Free up time with advanced automation.
  • Implement Effective Controls: Monitor, control, and reconcile transactions in real-time.
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Benefits

Enhanced Financial Reporting Capabilities

Financial Reporting is critical to any finance department, and Epicor iScala includes many standard financial reports to simplify local activity.

  • Accelerate international deployments
  • Generate locally required fiscal reports
  • iScala Query Designer can further assist with financial reporting
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Support Large Transaction Volumes

Core financials typically store or reference a significant volume of accounting transactions. However, so much data can be a challenge to easily understand.

  • The iScala Financials includes tools that help you avoid suffering data overload—including reporting levels and automatic transaction compression
  • Accelerate international deployments
  • Generate locally required fiscal reports
  • iScala Query Designer can further assist with financial reporting
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Effective Compliance

iScala’s Electronic Compliance Platform allows you to efficiently meet your legislative and reporting requirements.

  • Meet evolving local electronic reporting requirements such as e-invoicing, VAT transaction lists, and SAF-T submissions
  • Deliver required XML, formatted, and structured output reports
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Core Features

General Ledger

The General Ledger provides the accounting controls and system security necessary to help ensure the integrity of your company’s financial data.  

The information and controls that flow from the General Ledger system enable an organization to operate efficiently, comply with fiscal regulations, underpin strong corporate governance, and drive enterprise performance.

Accounts Receivable

iScala Accounts Receivable is used to record information about invoices, pre-payments, credit notes, and VAT records issued to customers. It also provides comprehensive sales statistics and reporting, including Intrastat for European users and other customer financial activity.

Accounts Payable

The purchase ledger (Accounts Payable) allows you to enter supplier invoices for purchases, and then create payments for the invoices you need and want to pay. You can record information about invoices received from suppliers, payments due to employees via expenses, and other supplier-related financial activity.

Automatic Accounting Schedule (AAS)

AAS tools automate the posting of transactions using simple or complex accounting mapping based on the source of the transaction and other business rules. For example, you can configure your accounting rules based on customers, suppliers, stock, VAT, or currency.

Bank Interfaces

To meet your needs regardless of where you are in the world, iScala supports more than 100 different global payment standards including the Single Euro Payments Area (SEPA) standard.  

However, changes to standards are introduced regularly. To ensure you can quickly meet these evolving standards, the iScala Generic Bank interface allows you to create new bank interface definitions when you need them.

Fixed Asset

Basic capabilities are included with iScala Financials to assist smaller sites with few assets, and to support asset purchasing, tax, and book depreciation. If you require more comprehensive capabilities, iScala Asset Management is available for extensive asset management.

Integrations

To maximize the efficiency of Epicor iScala, Epicor Service Connect lets you automate tasks and streamline processes. Orchestrate secure workflows within Epicor software applications, and between Epicor and non-Epicor applications.

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