Pegasus Opera II Financials

The Opera II Financial solutions provide the integrated tools to fully control your business and processes, and to help drive it forward. With instant access to up to the minute financial data, you can efficiently track and analyse key information, improve productivity and make informed strategic decisions.

Included within Opera II Financials are:

• Sales
• Purchase
• Nominal
• Advanced Nominal
• Multi Currency
• Cashbook
• Costing
• Fixed Assets (Available with Opera II v.6.71)

Sales Ledger
Manage your customers efficiently and control customer records by creating profiles and trading terms, process invoices, credit notes, receipts and refunds. The Sales Ledger has built-in credit control facilities and improves cash flow by allowing tighter control in the management of customer payments, with calculation of average debtor days and revenue forecast.

Purchase Ledger
Total management system for controlling supplier transactions. The Purchase Ledger has account level security with the ability to hold invoices for authorisation. Payment workflow is enhanced though BACS and cheque payment routines combined with e-mail remittance.

Nominal Ledger
This is the heart of your company's financial position. The Nominal Ledger allows both batch and real-time data from the other ledgers and also SOP, Invoicing, Payroll, Cashbook and Stock to provide management information and reports to track trends and company performance. Budgets can also be applied at account or cost centre level with variance analysis and reporting.

Advanced Nominal Ledger
Provides comprehensive analysis and financial reporting facilities ensuring you are always in full control. Report on information such as revenues and expenses by Nominal Account, Cost Centre, Project or Department.

Multi Currency
Opera II Nominal Ledger holds unlimited currencies, exchange rates per transaction type and calculates and records exchange rate differences easily and efficiently.

Cashbook
Cash management is a critical part of a company's health and the Cashbook allows the posting of transactions with full reconciliation facilities.

Costing
Opera II Costing allows the tracking of job costs and revenues against budget. These costs can be broken down by a number of categories including Labour, Contractor, Direct Expense, Stock and Interim Billing. Any Timesheets raised for work on jobs can easily be transferred into Payroll to update employee records.

Fixed Assets (Available with Opera II v.6.71)
Fixed Assets for Opera II maintains a complete register of your company's assets from initial acquisition through to disposal. Keep control of the resources your company has invested in, avoid misappropriation, and make the most of their value by managing them in the most efficient way.

• Finance or Operating Lease
• HP/Lease Purchase
• Company Owned
• Inter Group
• Capitalised

Take the pain out of depreciation calculations
Fixed Assets calculates and records depreciation for the life of the asset, and can be linked to the Opera II Nominal Ledger for automatic depreciation journal postings. Opening balances and depreciation to date can be recorded for assets acquired in previous periods or years. It is easy to create asset records, using Category Groups and Asset Categories, and, when linked to the Opera II Purchase Ledger or PIR/POP modules, supplier invoice lines can also create Assets.

• Methods of depreciation: Straight Line Amount, Straight Line Percentage, Reducing Balance, Immediate Write Down, Manual
• Depreciation calculated per period or days in period
• Ability to change depreciation method and backdate depreciation charges
• Optional link to Nominal Ledger with Cost Centre and Advanced Nominal analysis
• Facility to update the Nominal Ledger with the depreciation calculation in real time
• Assets grouped by Categories and Balance Sheet Groups
• Facility to record asset quantities
• Full or partial disposals; disposal methods can be defined by the user
• Ability to create and link sub-assets to an existing asset
• Asset location and reporting facility
• Full or partial asset transfer for locations or cost centres
• Revaluation of current year and prior year assets
• Numbering of assets defined by the user or automatically
• Ability to re-number main assets, with automatic sub-asset numbering
• Facility to enter opening balances for assets acquired in previous periods or years
• Depreciation method, depreciation rate and category override facility
• Facility to record finance, supplier and insurance details
• Previous year depreciation and adjustments
• Report on depreciation charges for up to 24 Nominal periods
• Fully automated utility for upgrading from Opera Fixed Assets
• User-definable fields may be added to Category Groups
• Global insurance update for percentage or fixed amount increases or decreases
• Integration with Opera II Executive Dashboards, Pegasus XRL, Document Management and Pegasus Instant Messenger

• Additions report
• Depreciation forecast report
• Disposals/Transfers reports
• Extensive audit trails
• Statutory Movement report

For more information on the features of Fixed Assets, please view the datasheet PDF within the More Information box on the left.

Once armed with your business aims and budget allowances we will recommend the solution options most suitable for you. If you would like further information on Opera II Financials, please download the PDFs from the More Information box on the left, request a webinar, or contact us.