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OBS introduces an advanced approach to building your Chart of Accounts using Dimensions
instead of the traditional hierarchical structure. This modern methodology provides greater
flexibility for financial analysis while eliminating unnecessary complexity.
Greater flexibility without inflating your Chart of Accounts
Easy scalability and adaptation as your business grows
OBS… Smart Accounting Built on Insight, Not Complexit
Migrate to OBS ERP Without Losing Any of Your Data
OBS ERP makes it easy to migrate from any accounting or ERP system by importing your existing
data, including journal entries with their analytical dimension and project allocations. This
ensures that your historical accounting records are fully preserved, allowing your business to
continue seamlessly without the need to re–enter journal entries manually or start with opening
balances.
OBS enables you to accurately allocate financial transactions to Analytical Dimensions and
Projects, providing clear visibility into the financial performance of each business activity
without adding complexity to your accounting entries.
With this approach, you can analyze revenues and costs, measure the actual profitability of each
analytical dimension or project, and make informed financial decisions based on accurate and
reliable data.
Stay in control of the financial impact of currency fluctuations. OBS ERP provides an accurate,
automated mechanism for calculating and posting foreign exchange differences in real time,
ensuring your accounting records comply with accounting standards and accurately reflect your
company’s true financial position
Detailed Budgets. Precise Tracking. Profitable Projects.
Turn your financial plans into powerful management tools.
•Create Your Budget: Allocate specific budgets to each project activity within its assigned
cost center.
•Track Performance: Automatically record all actual revenues and expenses against the
approved budget items.
•Monitor Results: Access real–time reports comparing actual performance with planned
budgets, helping you stay in control and prevent budget overruns
Accurately reallocate costs and revenues with complete flexibility. OBS ERP enables you to
instantly redistribute balances, costs, and revenues across Profit Centers, Cost Centers, and
Projects without creating journal entries that impact your General Ledger. It’s the ideal solution
for accurate cost accounting, internal allocations, and enhanced financial analysis.
Protect the integrity of your financial records. OBS ERP’s Audit Period feature allows you to lock
reviewed and approved accounting periods, preventing users from creating, modifying, or
deleting transactions within those periods. This ensures your financial data remains secure,
preserves the integrity of finalized records, and safeguards against unauthorized changes or
accidental errors after the audit process is complete
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