Finance & Accounting Module

Stop keeping accounting apart from operations. Invoices, stock movements and production cost should hit the statements at once.

The Jovi ERP finance module keeps general ledger, receivables, cash flow, cost accounting and budget tracking in the same flow as operations. A work order, a stock movement or a purchase invoice generates its accounting entry automatically, so the financial picture stops being a period-end exercise disconnected from the floor.

CASH FLOW · 6 WEEKS W38 runs short

Receipts Payments

Lowest balance Week W38
Weeks running short 1
Six weeks of receipts and payments, either side of a zero axis. What is being looked for is not the total but the week where payments exceed receipts — that is the marked one. Representative interface.

The Jovi ERP finance module keeps accounting records in the same flow as operational data. A purchase invoice, a stock movement and a production cost land in the financial statements at once — they do not wait to be collected and posted at month-end.

In practice that means you see a product’s real cost on the day its work order closes, not at period close.

Use case

A mid-sized manufacturer reviews ageing across 400 accounts weekly. The AI engine scores late-collection risk per customer and hands the collections team a priority list; the same data produces a 90-day cash projection.

What you can do

  • General ledger

    Run the chart of accounts, journal entries, trial balance and period close in one screen. Entries are born from operational movements.

  • Receivables and payables

    Track customer and supplier balances, due dates and ageing from one place.

  • Cash flow

    Build 30/60/90-day cash projections from expected collections and payments.

  • Cost accounting

    Track real cost per work order, split across material, labour and overhead.

  • Budget and variance

    Define budgets by department and project, and see variance while the period is still open.

  • Bank reconciliation

    Import bank movements and match them to accounts automatically.

Capabilities

Ledger and records

Keep accounting records compliant.

  • Chart of accounts
  • Automatic journal entries
  • Trial balance and ledger
  • Period close

Receivables management

Take control of terms and collection.

  • Ageing report
  • Due-date tracking
  • Collection plan
  • Risk limits

Costing

Calculate real cost per product and order.

  • Standard and actual cost
  • Variance analysis
  • Overhead allocation
  • Product profitability

Financial reporting

Have the statements decisions need ready.

  • Balance sheet and P&L
  • Cash flow statement
  • Segment reports
  • Period comparison

What it changes

  • Accounting entries born from operations, not re-keyed
  • Real cost visible without waiting for month-end
  • Overdue receivables noticed early
  • Cash pressure seen before it arrives
  • Less manual reconciliation
  • Budget variance caught inside the period

With AI

  • 30/60/90-day cash flow projection
  • Late-collection risk scoring
  • Anomalous expense detection
  • Product profitability deviation alerts

Typically deployed in

  • Manufacturers
  • Wholesale
  • Retail chains
  • Project-based businesses
  • Services
  • Logistics
  • Construction
  • Energy

Works with

Frequently asked questions

Does Jovi ERP replace an accounting package?

No. Jovi ERP is a production and inventory core; the finance module ties operational cost, receivables and cash flow to that core. Statutory ledgers, tax filing and e-invoicing stay in the accounting software a company already runs. The two work side by side through integration; neither replaces the other.

What does cost accounting actually calculate?

Real cost per work order, separating material, labour and overhead. The gap between standard cost in the recipe and what actually happened appears when the work order closes, so the effect of scrap and downtime on unit cost can be read product by product.

Where does the cash flow projection come from?

From open orders, due dates, expected collections and planned payments. The AI layer looks at past collection behaviour to produce a 30/60/90-day projection and scores receivables by how likely they are to run late.

At what level is budget tracking done?

By department and by project. Once a budget is defined, actual spend is compared at the same level and variance is visible during the period rather than after it closes.