Value and key points
- Unified management of financial statements, chart of accounts, journal entries, and close: All entries update in real time, and department/subsidiary data is consolidated.
- Cash flow creation and cash planning: Reflect cash in/out immediately, visualize bank balances, and simulate future cash positions.
- Balance sheet management: Connect sales, inventory, and procurement data so teams can make KPI-driven decisions.
Sanka setup tips
- Standardize on
Journal Entryand Chart of Accounts, and align sub-accounts, departments, and projects. - Align properties so transactional objects (Sales/Procurement/Expense/Payment) link to journal entries; reuse the same master for CSV/accounting API integrations.
- Manage close processes by month/quarter/year with status and lock dates to prevent retroactive edits.
Operating steps
- Master design: Define accounts, sub-accounts, departments, and projects, then add shared properties to transactional objects.
- Journal generation: Auto-generate entries from orders, invoices, payments, procurement, and expenses. Use adjustment lines for differences or fees.
- General ledger and trial balance: Aggregate entries and review balances by period, department, and project.
- Financial statement creation: Template PL/BS/CF and keep them updated in real time. Lock the period at close.
- Cash planning and simulation: Combine expected cash flow and bank balances to visualize weekly/monthly cash positions.
Automation ideas
- Workflow actions: Lock edits across related objects when close begins; allow only exception requests.
- Record actions: Trigger alerts when abnormal balances are detected (negative inventory, unilateral open items, etc.).
- Object actions: Auto-generate journal candidates from bank statements and classify them as pending review.
Reports and monitoring
- Show departmental PL, cash flow statements, and balance sheets in real time on dashboards.
- Compare periods (YoY/MoM) and budget vs actual, then export for management reporting.