The General Financials Module Right must be selected in Security. Access to other workspaces and actions also requires specific Module Rights. Your configuration might differ from the information shown.
Financial data from Operations are all pulled into the Financials module for the Accounting department. IMOS can accommodate different approval processes, such as having one person approve invoices and another either release it to third-party accounting software or code it to go to a specific General Ledger account. Once a transaction is posted, some companies use another approval process after IMOS. Reports can be run for audit checking. This comprehensive module enables Accounting departments to perform accurate and efficient billing, tracking, processing, and auditing of financial transactions.
The Financials module includes links to:
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Create, edit, approve, reject, or post all invoice transactions.
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Create, edit, approve, reject, or post all payment transactions.
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View summaries of Transaction Summary, Payables Summary, and Receivables Summary.
To access a Financials workspace, on the main 
Introduction to Financials Video
Concepts
The following pages describe concepts used in the Financials module:
For more information, see the Glossary.
Workflows
You can do any of the following in the Financials module:
For industry-specific financials workflows, see Barging, LNG, and Pooling module documentation.
Related Key Topics
- IMOS - Adding a Bank Account
- IMOS - Advance Payment/Receipt Allocations
- IMOS - Advance Payments and Receipts
- IMOS - Bank Links
- IMOS - Chart of Accounts
- IMOS - Company Information
- IMOS - Journal Entry
- IMOS - Monthly Accruals
- IMOS - Statements - Financials Reports
- IMOS - Transaction Data Entry
- IMOS - Voyage Period Journals