Exchange Rates
Seamless ERP Integration with Dhanada TMS: Unleash the Power of Open Published Accounting Entries
API
In today's fast-paced business landscape, seamless integration between software applications is
paramount. Enterprise Resource Planning (ERP) systems play a pivotal role in managing various
business functions, from finance to logistics. However, integrating ERPs with other applications
can be a daunting task. Enter Dhanada TMS, your trusted partner in ERP integration, thanks to its
open published accounting entries API and robust security measures.
Introduction
At Dhanada TMS, we understand the significance of ERP integration for businesses. It's not just
about connecting systems; it's about streamlining processes, reducing manual work, and enhancing
efficiency. Our software is designed to empower your business by seamlessly integrating with any
ERP system, and here's how we do it. The Open Published Accounting Entries API
Explaining the API concept
An API is the language that different software systems use to communicate with each other. It's
like a bridge that allows data to flow between applications. Dhanada TMS takes this concept
further with an open published accounting entries API. What does this mean for your business? It
means unparalleled flexibility and compatibility.
Dhanadatms API Overview
Our API is the backbone of ERP integration with Dhanada TMS. It offers a wide range of
functionalities, including data retrieval, transaction posting, and much more. This means that
you can seamlessly transfer data between Dhanada TMS and your ERP system, ensuring your operations
run smoothly
Benefits of ERP Integration with Dhanada TMS
- Create Loans & Advances with fixed and
floating interest rates.
- View precise interest calculations across
different frequencies – Annual, semi-annual, quarterly, and monthly.
- Select from a variety of interest
conventions such as Actual/365, Actual/360, Actual/Actual, and 30/360 and tailor your interest
calculations with flexibility, including Both Days, First Day, and Last Day options.
- Enter the applicable benchmark rate while
creating the intercompany loan and view the interest calculation accurately based on the selected
benchmark rate.
- Easily generate interest schedules,
amortization schedules, and calculate XIRR with precision.
- Save time by easily recreating loans using
existing loan data through our convenient Copy Loan functionality.
- Access insightful reports categorized by BS
classification and Loan Duration, helping you to make data-driven decisions.
- Generate accounting entries, and
conveniently validate them and transfer to GL for a streamlined financial process.
- Effortlessly create repayments to constantly
keep track of your intercompany loan balance.
- Revalue loans based on foreign currencies,
ensuring your loan portfolio aligns with global market fluctuations and currency exchange rates.
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