Powerful Integration Between Trucking Applications Will Save You A huge selection of Hours of Wasted Data Entry
The best trucking company software packages in the marketplace today are “integrated” systems. Meaning that the programs are linked together. Whenever you add an invoice to your invoicing program, it updates the records in your Accounts Receivable system. The Accounts Receivable, Accounts Payable, and Payroll balances are automatically updated in your General Ledger program and Financial Statement reporting. But that’s usually about where it ends. So whenever you get an Accounts Payable Invoice for a fuel bill, you could find yourself actually having to handle that invoice 2, 3, as well as 4 times, if you want to apply it to a unit’s history, an owner-operator’s charge back, and/or a fuel tax report.
With Axon Trucking Company Software, Information Only Needs to Be Entered Once, and It Can Flow To Every one of the Places You Need It
AXON completely integrates all your management systems to ensure that nothing will slip through the cracks. For example, when you download fuel bills from one of your fuel suppliers, with the “push-of-a-button” your Fuel Tax reporting, Accounts Payable, Owner-Operator Payable, Equipment files and Financial Management Systems could be updated – instantly!
Every AXON Application Is Completely Integrated With Every Other AXON Application
You might never again need certainly to enter information from the same transaction twice. (You know that it is happening at this time, dozens – as well as hundreds – of times every day!) Your admin staff are wasting tens and thousands of hours every year – through no fault of their own, mainly because your software system and manual management systems aren’t doing their jobs properly!
Handy Financial Snapshot of Your Trucking Business
The Executive Briefing provides a summary of your company’s financial situation to assist you pinpoint problem areas or unexpected results. After you have this information, you are able to dig deeper to obtain more detailed information using Axon reports – the Income Statement, the Accounts Receivable and Accounts Payable Reports, or the Order Master Report. “The Executive Briefing is a great tool. I run it probably two or three times a day because I’m always considering the bucks balance to see if we’ve written checks and where we stand on Accounts Receivable. I’ve my sales there, and you will find certain general ledger accounts that are important to us and it’s simpler to utilize it there than wanting to print a trial balance or lookup an account activity. Therefore it is a really beneficial tool” – Bob Glownia, R. B. Humphries Inc. Axon’s Executive Briefing makes it simple for you to obtain the data you need.
At a glance, you can see: Net Profit/Loss YTD Net Profit/Loss Month-To-Date Outstanding Payables and Receivables broken down by aging periods (e.g. Current, over 30 days) Outstanding Orders – number and revenue broken down by status (e.g. Completed, Overdue) Account Balances (with actual figures for the current and previous months along with a line graph documenting the highs and lows of days gone by 12 months Current and Customizable The Executive Briefing is customizable. You select the items and accounts that you want to be able to review at a glance so that you have the information you need to handle your company effectively. The Executive Briefing is automatically updated once a day, and you can update it manually at any time. Because the Executive Briefing is wholly integrated with the dispatching and accounting information, you’ll have usage of the most up-to-date information – payments received in the morning’s mail or new Orders placed one minute ago.
Axon helps you place up your financial statements (e.g. income statement, balance sheet) when you start utilising the system. In addition, you are given the tools to produce changes or create new financial statements. Income statements and balance sheets can be printed for just about any period of any year, at any time. You are able to design many different financial statements and schedules to accommodate very specific needs, summarizing or detailing information to match the reader. The Financial Statements Table helps one to lay out the columns of one’s report. You choose the order where the information will be displayed, and you can also setup columns for comparison years in order to compare your present financial information with that of previous years.
You can modify the information of your financial statements utilising the Financial Statements Specifications screen. You can make the data you wish to include, the balances and totals (e.g. total of your income accounts) to be included, and the layout of your report (e.g. page breaks between the assets, liability and equity sections of your balance sheet). All reports can be sent to a printer, screen, or text file, rendering it easy to insert your reports into other company documents, or management tools, such as spreadsheets and graphing programs. The GL could be printed at length, by account, for almost any or all accounts, and for almost any period or band of periods, offering you with a powerful reconciliation and auditing tool. Information flows into the General Ledger automatically, and in Real-Time, from other applications (e.g. Accounts Payable and Accounts Receivable programs).
Cash Flow Statement
Axon’s Cash Flow Statement makes it easy for you yourself to assure potential investors or creditors of your company’s short-term financial viability. Ready to Go The Cash Flow Statement is one among the many financial reports that are create and ready for you yourself to use. All you have to to complete is enter the appropriate start and end dates.
Axon staff can assist you to customize your Statement centered on three Cash Flow Types – Financing, Investing, and Operations. They are able to also help you establish the presentation format for your report.
Multiple Bank Accounts
You are able to setup multiple bank accounts. You might have one account fully for your savings and another for your day-to-day expenses. Or you could have both American and Canadian bank accounts. It’s your choice. The Bank rec. is fantastic! Before, this used to take our accountnat two days to complete; now I’m done in 45 minutes – Rachelle Oosterhuis, All Points Freight Inc. Default Bank Accounts You can select a bank-account to be your standard choice when writing an always check or depositing a payment. These details will then fill out automatically on the Receivables >> Payments and Credits screen or the Payables >> Checks screen. You can select one default bank account for each currency your company uses.
Pay your bills – or pay your employees – using direct deposit. It’s efficient, helping you save both time and money as so long as have to print checks or send them in the mail. Axon software manages direct deposit payments for Accounts Payable, Payroll, and Owner Operator pay. The program was created to handle direct deposits through many different banks and we are constantly adding new interfaces. Axon supports US direct deposits through ACH (national Automated Clearing House).Save yourself the full time and bother of printing and mailing a check always – use direct deposit instead. The Direct Deposit option can help you to pay business partners or employees by direct deposit. Printed check stubs fit neatly into window envelopes willing to be mailed to your suppliers or employees.
The Bank Reconciliation screen makes it easy for you really to enter miscellaneous transactions (e.g. service fees and interest) and to test off cleared checks, deposits, factoring transactions, and journal entries.
The web documentation will allow you to to resolve any problems you may encounter. Your options include: Just how do I transfer funds between Home and Foreign bank accounts? Just how do I handle credit card payments? Why doesn’t my foreign banking account balance match my actual bank balance?