Finance Module

Financial Operations, Automated

The Finance module is the backbone of Tuli — processing transactions from every module, automating journal entries, and providing real-time financial visibility.

Core Objects

Expenses — Complete expense management:

• Employee expense submission with receipt capture
• Multi-level approval workflows
• Policy validation (per diem limits, category restrictions)
• Automatic GL posting upon approval
• Reimbursement tracking and payment

Bank Reconciliation — Automated statement matching:

• Bank statement import (MT940, CSV, OFX formats)
• Intelligent auto-matching using amount, date, and reference
• One-click confirmation for matched transactions
• Manual matching interface for unmatched items
• Reconciliation reports with variance analysis

Cheques — Cheque lifecycle management:

• Cheque book inventory management
• PDC (post-dated cheque) tracking with maturity calendar
• Cheque printing with configurable templates
• Bounce handling with automatic notification
• Cheque clearance tracking

Credit Notes — Credit management:

• Issue credit notes against invoices
• Partial credit note support
• Automatic AR adjustment upon approval
• Audit trail for all credit transactions
• Customer credit balance tracking

Fixed Assets — Asset register and depreciation:

• Asset acquisition and registration
• Multiple depreciation methods (straight-line, declining balance, units of production)
• Automatic monthly depreciation posting
• Asset disposal and write-off workflows
• Asset revaluation with proper accounting
• Physical verification checklists

Cost Centers — Organizational financial structure:

• Hierarchical cost center tree
• Budget allocation by cost center
• Expense tracking and reporting by center
• Inter-departmental charge-back
• Profit center analysis

GL Automation

Every transaction automatically generates proper journal entries:

• Lease payments → Revenue recognition + AR update
• Purchase orders → Expense accrual + AP creation
• Expense approvals → GL posting + reimbursement
• Asset depreciation → Monthly automated posting
• Bank reconciliation → Automatic clearing entries

Tax Management

• VAT calculation and reporting
• Withholding tax computation
• Tax invoice generation
• Return filing preparation
• Multi-jurisdiction tax rules