During this time of economic uncertainty, a company's
decision makers have to relay on fast flow of  information, which is  both current and accurate. To achieve this, your business must establish a single version of the truth for all its employees. VMS Financials can help, offering robust financial and managerial accounting with efficient reporting functionality to support confident decision making.

The VMS Financials solution, which is part of VMS Maritime Suite, delivers a complete, integrated financial management solution to ensure compliant, predictable business performance. An essential building block of your enterprise business strategy, VMS FIN  provides a solid foundation to expand your business, realize greater efficiencies across key financial processes, and help ensure compliant and accurate accounting and financial reporting.

General Ledger

• Dynamic tool for the setup of the chart of accounts, which allows many views of the chart of accounts, either in a consolidated form or on a per company basis.
• The correlation of companies within a group can be easily defined allowing the visualisation of the structure in tree-form All transactions in the ship owning company are reflected in the management company.
• Inter-company transactions either within the group or between different management companies are fully supported. As soon as source and destination companies are entered, the system credits and debits the predefined accounts and shows the user all automatic transactions that have been performed.
• Standard Financial reports (Balance Sheet, Profit & Loss) can be created for each level of the group structure  from ship owning company up to the financing company and all related management companies.

Multi Currency
Standard support of 3 currencies at all levels: