Accounting and Financial Management solutions for the shipping industry

Europacific.net.au :: Shipping Software :: Liner, Chartering & Accounting, Australia & New Zealand

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ShipNet's Financial Management Solution provides a complete range of accounting, budgeting, forecasting, asset management and reporting tools that have been designed to optimise the specific financial management processes required within the Shipping industry.

ShipNet delivers the Financial Management Solution to a range of Shipping Organizations and incorporates specific tools such as: - Pool Management, Disbursement Accounting, Budgeting controls, Multi-company and multi -currency structures and consolidation where companies are operating with different reporting currencies.

Highlights and benefits

Complete Financial Management Tool
Automating your accounting procedures by streamlined integrations
Ledger Management and control
Cost / Revenue management through transparent reporting and analysis
Payment control of ledgers
Easy accessible information
Designed for the Shipping Industry and its specifics
Unlimited number of companies with different reporting currencies

	Company Accounting
	The solution is complete company accounting solution providing where features such as multi company and multi currency is supported. Being a specialised supplier to the Shipping Industry, the solution is designed for handling the industry specific requirements.
	Reporting Dimensions
	Considering the specifics of the Shipping Industry, the system is specially designed to report on such as vessel, voyage, port, fleet, pools, PO in addition to many others including user definable reporting elements. This allows a centralisation of reporting across companies and vessels.
	Reporting
	The system enables all reports in two currencies and will automatically recalculate to base and set report currency - Financial Performance Reporting, Income statements, Balance Sheets and Consolidation is supported.
	Asset Management
	Management of assets is crucial and by utilising the Asset Management System, it will allow you to have a complete overview of book value of your assets at any time. By the automation of your depreciations, easy access to asset value, accumulated depreciation is available by the push of a button.
	General Ledger
	A multi company structure is very common within the Shipping Industry. By having a common GL reoccurring transactions such as Inter Company transactions are easily made and controlled. By providing flexibility in the GL structure and reporting periods for each individual company, the ShipNet Solution can be configured to each individual company's accounting procedures.
	Budgeting
	A complete budgeting tool, allowing budgeting according your company's reporting dimensions allows for a comprehensive budget comparison reporting at any level within your company.
	Electronic Banking
	The system allows for electronic banking and today we integrate to multiple well-recognised Shipping Banks.
	Disbursement Accounting
	The system allows the user to focus on analyzing DA's and identifying discrepancies at a detailed level in a matter of seconds, comparing Estimated DA, Updated DA and Final DA.