Financials and Business Intelligence

Advanced Financials for Global Businesses

Abel’s financials deliver advanced capabilities for companies operating across borders, enabling seamless oversight of global operations. View branch-level data and consolidate summary financials at your head office for centralized oversight. Utilize extended functionality for finance teams operating across multiple databases. With Abel, you can maintain compliance, make confident decisions, and keep your international operations running efficiently.

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Business Intelligence Reporting

External Financial Ledgers

Abel’s advanced financial features are powered by Abel’s External Ledgers. These extra ledgers hold general ledger, budget, and tax data from other databases, enabling both centralized and distributed management of accounting functions across your international operations.

Key Capabilities

Enterprise-Level Visibility Each database operates independently and also sends financial data to other databases, enabling financial reporting and enquiries where they’re needed.
Combined Branch Views Finance teams at corporate or regional head offices can create transactions for branches and view a combined financial picture — local transactions plus head office entries — for each branch.
Secure Access Control Abel’s security framework ensures users only see financial data for branches they’re authorized to access.
Cross-Database Financial Management External Ledgers sit alongside General Ledgers where needed, supporting finance teams that operate across multiple databases.

Consolidated Financial Export

Abel’s Consolidated Financial Export supports businesses that need monthly consolidated financial data at higher levels of their organization — such as regional or international corporate offices. It complements Abel’s External Financial Ledgers by providing a streamlined way to transfer summarized financial data up the group structure after each financial period.

Key Capabilities

On-Demand Export The Consolidated Export process is run by request after end-of-period processing is complete.
Flexible Group-Level Reporting Larger organizations can use External Financial Ledgers at branch or division level, and Consolidated Export to send summary data to higher levels in the group.
Multi-Currency Handling Exported data retains its original currency and Abel can generate reports in different currencies according to your requirements.
Chart of Accounts MappingAbel supports account code mapping for organizations with differing charts of accounts, enabling consolidated reporting even across newly acquired entities or country-specific structures.
Organization Structure Mapping Branch-level data can be merged to company or country level, and branch codes can be mapped to suit the structure of the destination database.

Enterprise-Wide Financial Reporting

Abel’s standard financial reports support installations using Enterprise Financial Ledgers or Consolidated Export. Reports can include local data, imported external data, or a combination — giving you an enterprise-wide view of your financials. Abel’s flexible reporting structure lets you group companies and departments in ways that suit your business, with support for multiple currencies.

Key Capabilities

Report Local and Imported Data Abel’s financial reports can use local data, imported data from other Abel databases, or a combination of both.
Define Reporting BranchesDefine reporting branches to group companies and departments for different reporting needs — tailored to your business structure.
Specify Different Reporting Currencies For reporting in different currencies, define reporting branches in each currency to suit your requirements. Abel converts currencies when reports are run.

Multi Database Tax Management

Abel’s advanced tax functionality helps multi-location organizations streamline indirect tax reporting — whether it’s GST, VAT, or Sales Tax. Designed for businesses operating across multiple databases, Abel manages tax data and supports confident compliance.

Advanced Tax Features

Export Summary Tax Data Export summary tax data from branch databases for centralized tax reporting.
Group-Level Tax Journals Create consolidated Tax Journals using data from multiple databases.
Entity-Specific Tax Journals Generate separate Tax Journals for financial entities using data exported from their respective databases.
Manage Complex Tax Structures Handle Tax Journals for countries with multiple tax codes and jurisdictions, such as the U.S.A. and Canada.

Inter-Database Banking

Abel’s inter-database banking functions enable seamless banking processes across multiple databases. Bank accounts can be used from any database, with Abel automatically managing the necessary inter-database transactions and postings. Finance teams can create bank journals between accounts in different databases, simplifying banking processes across locations.

Remote Banking

Transact on Remote Bank Accounts Process transactions directly to bank accounts in other databases - ideal for centralized finance teams managing distributed operations.
Support for Multiple Document Types Works with Customer Receipts, Banking documents, Direct Debits, Supplier Payments, and Direct Credits across databases.
Automatic Transaction Management Abel creates and removes transactions and postings across databases as documents are posted or re-opened.

Inter-Database Bank Journals

Distribute Transactions Across Databases Create a bank journal in one database that distributes transactions to other databases. Abel replicates and posts journal lines to the nominated bank accounts in each affected database.
Bank Sweep Using Inter-Database Journals Use Abel’s inter-database bank journal to “sweep” surplus cash from branch bank accounts into a Corporate Office account, leaving a float in each branch. Ideal for businesses that manage expenses centrally.

Centralized Accounts Payable

Abel’s Centralized Accounts Payable functionality is ideal for businesses that manage supplier relationships and payments from a central location, such as a Corporate Office overseeing multiple branch databases. Centralizing Accounts Payable reduces local administration, improves consistency, and unlocks cost-saving opportunities like contracted supplier pricing.

Manage Suppliers Centrally

Maintain Suppliers in Head Office Maintain supplier records in your Head Office database so all branches use consistent supplier codes and bank details. These records are replicated to selected branch databases, enabling invoice grouping and supporting strong supplier relationships.
Control Supplier Replication Corporate staff choose which branches to replicate supplier details to. Abel automatically updates the selected branch databases.
Add Local Supplier Details Branch users can add local address and contact details for the supplier branch they deal with, ensuring relevance without compromising consistency.

Pay Supplier Invoices Centrally

Overview Abel streamlines supplier invoice processing for businesses that manage suppliers centrally. Branch finance teams handle invoice entry and authorization, while the Corporate finance team manages payments and remittance advices—ensuring control, consistency, and efficiency.
Branch Invoice Entry Branch teams enter supplier invoices into Abel. On posting, Abel automatically transfers the invoices to the Corporate database and marks them as transferred.
Local Authorization Branch managers review and authorize invoices in their local database. Abel marks the branch copy as authorized and records the authorizing user’s initials.
Centralized Payment Processing Once authorized, the Corporate finance team initiates payment. Abel groups invoices by supplier code into a single payment and generates remittance advices. Posting the payment completes the invoice lifecycle.
Corporate Invoice Entry Corporate staff can also enter supplier invoices directly into the Corporate database. These invoices are managed entirely within the Corporate database. Abel automatically consolidates all invoices —whether entered at a branch or centrally — into one payment per supplier.

Remote Receipts and Payments

Abel’s Remote Customer Receipts and Remote Supplier Payments enable financial transactions across multiple Abel databases — whether between a central database and its branches, or peer-to-peer between Abel databases. This flexibility supports centralized finance operations while maintaining accurate records across your organization.

Remote Customer Receipts

Process Receipts Across Databases Enter customer receipts for invoices located in any local or remote Abel database.
Single Payment for Multiple Branches Customers can make one payment covering invoices from multiple branches. Abel ensures correct allocation and settlement.
Cross-Database Payments Accept a single payment for invoices across multiple Abel databases, even if customer codes differ.
Automatic Invoice Settlement Post a receipt in one database and Abel automatically settles the relevant invoices in remote databases.
Support for Deposits and Prepayments Abel supports customer deposits and prepayments across databases.

Remote Supplier Payments

Pay suppliers for invoices located in any local or remote Abel database. Abel enables centralized payment processing while maintaining accurate records in each database.

Pay Across Databases Pay suppliers for invoices located in any local or remote Abel database with a single payment document.
Allocate Payments RemotelyAllocate payments to supplier invoices across multiple Abel databases from a single payment document.
Automatic Invoice SettlementWhen posted, Abel settles the supplier invoices in the remote Abel databases.
Generate Remittance Advice Abel generates a remittance advice in the initiating database, listing all invoices paid.

Inter-Database Navigation

Abel’s Inter-Database Switching allows users to navigate between Abel databases within a single user session. With automatic login and secure access, users can move effortlessly between databases they’re authorized to view – making cross-database data access fast, intuitive, and secure.

Core Features

Automatic Login Across Authorized Databases Abel logs users into remote databases automatically, provided they have valid credentials in each database.
Drill Down from Summary to Detail Corporate users viewing summary figures (e.g. company or branch totals) can switch to the relevant branch database to view the detailed source data. Abel logs the user into the remote database automatically and opens the same screen there.
Navigate Across Document and Ledger Screens Inter-Database Switching is available from all Abel document screens (e.g. Customer Invoices) and all ledger enquiry screens. These functions transparently log the user into the remote database and open the same screen there.
View Branch-Specific Data Across Databases In many Abel screens, users can select an external branch to view its data. Abel opens the same screen in the remote database, allowing users to review detailed data across locations.