UniQ Core is at the heart of UniQ Solutions. It includes the data referential system, the integration tools with third party applications, the process scheduler, and the rule-based engine. It manages the full data processing cycle from its capture from different sources, to its export to various targets, going through the multiple calculations, data enrichments and formatting, as well as accounting treatments.
General Ledger can be integrated with any third-party systems, being the one single source for accounting data. It includes all journal entries collected from different sources, or generated internally with different Gaaps, currencies, and charts of accounts. In addition to the standard accounting reports, it provides a multi-gaap reporting mechanism such as FRS, Local Gaap, and other requested Gaaps within the same accounting database..
Cost Accounting can be integrated with any third-party systems; it’s the Enterprise Management Information system, providing profitability and performance analysis and reports. Both Department Cost and Activity based costing approaches are available. The solution includes a transfer pricing function, and Allocation & Reallocation Engine as well as a Budgeting system. The Analytic database can be integrated with any Market standard Business Intelligence Tools.
Regulatory Engine can be integrated with any third-party systems; it’s the golden source of data for the Regulatory Reports. It includes accounting and non-accounting data structured and mapped out according the local regulatory requirements. The solution provides several enrichment and reconciliation functions with full traceability and audit trail. It can be integrated with any Market standard Business Intelligence Tools or regulatory reporting systems.
UniQ Solutions can be deployed in a single or a multi-Company system. In the latter case it is used as the Central Accounting system for all entities. It provides multi-currency conversion functions, multiple charts of accounts, group chart of accounts, Multi-Gaap Report generator and automatic Elimination and Aggregation processes. The consolidated database can be integrated with any Market standard Business Intelligence Tool.
Accounts Payable captures payable transactions, starting from purchasing requests to invoices and credit notes, going through Purchasing Orders and Delivery notes. It provides a Multi-Currency Supplier Accounting and reporting. It is integrated with Fixed Assets and Stocks Control, and the Treasury Modules. The Accounts Payable Solution can be implemented as stand-alone or in a multi-company environment.
Accounts Receivable captures Receivable transactions, starting from purchasing requests to invoices, going through Purchasing Orders and Delivery notes. It provides a Multi-Currency Customer Accounting and reporting. It is integrated with Fixed Assets and Stocks Control, and the Treasury Modules. The Accounts Receivable Solution can be implemented as stand-alone or in a multi-company environment.
Fixed Assets captures Inventory Asset Event from UniQ Accounts Payable or any third party solutions. It manages the Assets Register life cycle from recognition to de-recognition or write off, going through the various revaluation, amortization, and impairment events. This is for owned or pledged assets with various amortization methods & multi-gaap accountings. UniQ Fixed Assets is also integrated with UniQ General Ledger and Accounts Receivable.
Inventory Management captures Stock Register Events from UniQ Accounts Payable or any third party solutions. It manages the Stock Item Register life cycle from recognition to de-recognition or write off, going through the various revaluation, consumption, and impairment events. This is for owned consumable items or items available for sale with weighted average cost valuation methods & multi-gaap accountings. UniQ Inventory Management is also integrated with UniQ General Ledger and Accounts Receivable.
Salary & Wages maintains the employees’ profiles, bank information, and basic salary configuration per employee category and per single employee. The payroll calculation process includes the monthly item capture, the salary calculation, pay slip generation and review, social benefits and tax calculation including Accounting and reporting. The Salary & wages Module is integrated with the General Ledger and the Treasury modules.
Human Resources (HR) provides multiple configurable functions such as employee job and career management, job satisfaction survey, training, and rewards. UniQ HR includes Time Sheet Function to manage activity and task allocation and follow up as well as Expenses Report approval and payment processes. The HR Solution is integrated with the General Ledger and the Treasury Modules.
UniQ Treasury builds actual and forecasted cash positions time-wise. It manages the cash and financial instrument and cash positions, cash flows, various revaluation methods such as Fair Value, Amortized Cost, with multi-gaap accounting including local, group and IFRS. UniQ Treasury can also be integrated with third party solutions.
Multi-Company is designed to run multiple business units within the same environment and Database. This function is available for all UniQ Modules and works with UniQ Financial Consolidation. Every company owns its chart of account, accounting schemas, local currency, management and accounting rules, security reports and accounting books.