Goals

To carry out an exact control of each transaction, obligation, leasing contract or bonus.

Operative Benefits

The module for management of financial assets is totally parametrizable to the needs and movements that are used by the user company.

The applicative allows the company to parameterize through accounting the product, deposit, portfolio or leasing.

It generates the corresponding cash flow. For each date the required concepts are produced as capital, interest, insurance, taxes and other concepts. The concepts requested have the identification of the accounting to be applied according to the state in which the transaction is.

The system manages the following amortization plans. Constant accreditation to capital, gradual amortization, arithmetically increasing-decreasing instalments, geometrically increasing-decreasing instalments, lineally increasing-decreasing instalments, amortization by trenches and free format.

The interests can be defined as fixed or using an external rate plus a limit or spread. The collection of the interests can be defined as anticipated or expired. For the liquidation of interests, the established rate turns into a yearly effective rate, year expired, and this is added to the period to be liquidated, according to the modality and the base to be used (days 360-365).

It uses the concept of value date, back value, where all the transactions are registered and accounted for with the date of the system altering the transaction to an effective date. This management allows the collected operations to be carried out and registered by other entities with out any problem. It performs two kinds of causations, a monthly one, to set all the transactions on the same date and, another one, at the moment of any payment or movement.

In the causation processes the appropriation of the advance interests, the expired interests liquidation and corresponding defaults are performed. As part of the monthly process, the obligations by temporality are classified and graded. This grading is giving for the client, and the worst grading from a client is given to all the credits of the client with the institution. At the level at which the client founds himself, there are three kinds of grading in each category.

The system one, where the worst of the obligations that the client has had with the institution is registered.

A grading for risk, established by the institution and one given by external entities.

According to the new grading, the capital, the interest and other concept movements are effectuated. Also the provision movements and the calculation and registration of the variation in the provisions according to the new grading.

The system operates under the following structure:

Basic charts, Users, Accounting charts, Office parameters, Business lines, Credit, management, closing (daily, monthly, yearly), reports, interphases, Generation of interphases with other applicatives, internal audit, historical information.