Full Scale Financial Integrations 

Accounting and Financial Management Solutions Designed Just for Food Businesses

GoldFinch creates impactful accounting solutions with our chosen partner, Accounting Seed. Developing software that communicates flawlessly between every program is our primary objective, and we’ve discovered that Accounting Seed works best with our proven cloud systems to provide real-time data, the best analytics suite available for in-depth financial reporting, and no need to work between two systems.

Accounting Seed with GoldFinch

Accounting Seed is our preferred solution for Goldfinch when QB is not enough.

 

Accounting Seed’s financials is the top-rated accounting solution on the Salesforce platform, Accounting Seed utilizes the robust power and comprehensive functionality of Salesforce. Users can effectively manage all financial activities with more flexibility than virtually any other financial management solution. Accounting Seed is a GAAP and IFRS-compliant system. designed for companies seeking full audit capabilities and deep analytics to monitor their financial activities. 

 

Being on the same Salesforce platform, all GoldFinch financial transactions are being recorded in Real Time without the need for extensive integration routines. Eliminate users working in two systems and visibility to all data is always available.

Features

ROBUST GENERAL LEDGER

 

  • Flexible accounting periods (fiscal, calendar)
     

  • Natural chart of accounts plus four general ledger variables for reporting segmentation
     

  • Supports multi-national accounting for organizations with multiple legal entities with different base currencies
     

  • Supports multi-currency accounting
     

FINANCIAL REPORTING

 

  • Turnkey full trial balance, profit and loss, cash flow statement, and balance sheet reporting with drill-down capability

  • Point and click creation of custom financial statements with user-defined rows, columns, and calculations

  • Actual to actual, actual to budget, or budget to budget comparison of any accounting period

  • Format financial statements with blank rows, indents, percentages, and underlines

  • Ledger inquiry tool to research underlying transactions based on user-defined criteria

  • Easily export financials to Excel and PDF
     

BUDGETING

 

  • Budgeting by general ledger account and variable for each accounting period

  • Unlimited number of budget ledgers

  • Easily import/update budgets from Excel
     

BANKING

 

  • Connected to more than 14,500 banks and credit card companies  

  • Memorization of general ledger coding for bank imports

  • Supports automated matching of ledger transactions to bank feeds

  • Bank reconciliation with audit reports
     

ACCOUNTS PAYABLE & CASH DISBURSEMENTS

 

  • Track creation and approvals of payable records

  • Current and historic accounts payable aging by accounting period

  • Automatically take discounts for prompt payment terms

  • Quickly cut a single check as payment from an accounts payable record

  • User-defined selection criteria for accounts payable payment batches

  • Cloud-based check printing from a web browser

  • Prepaid expense recognition
     

CASH RECEIPTS & COLLECTIONS

 

  • Online payment of invoices 

  • Parent-child cash matching

  • Integrated for credit card and ACH payment processing 

  • Easily write off excess balances

  •  Generate and email customer statements

Simply stated… QuickBooks works well and we all understand the reluctance to migrate to a more complex system that requires data conversions, training, and process adjustments to handle what QuickBooks does well for most of the standard financial activities.

 

One area GoldFinch chose not to disturb was the financials area. So many companies are satisfied with their QuickBooks installation with its vast array of support options and product extensions.

 

The Industry experts at GoldFinch designed a cloud-based solution on the Salesforce Platform to manage virtually all the issues facing food distributors & manufacturers. Taking advantage of the Salesforce platform, with its globally accepted user interfaces and no required infrastructure support, GoldFinch has uniquely been positioned as a preferred solution for the food industry.


 

The software engineers and CPA’s at GoldFinch embarked on a project that would preserve QuickBooks while offering industry-specific functionality to support food companies.

 

This was accomplished by a developing a real-time integration process using the API’s from QuickBooks & Salesforce to seamlessly, without user intervention, transfer data to QuickBooks from GoldFinch. The development team addressed the CPA team members concerns of assuring data integrity between the two systems. An elaborate array of validation checkpoints, real-time error monitoring, and understandable error messages were incorporated to prevent inconsistent data.

Integrating GoldFinch with QuickBooks Online

Job Scheduler

will execute transfer to QuickBooks

Sales Invoice

Posted in

GoldFinch

Invoice with

Detail lines in QuickBooks

Real Time Integration of:
  • Vendors

  • Customers

  • Sales Invoices

  • Purchase Invoices

 

Created in GoldFinch are transferred to

QuickBooks Online

QuickBooks Integration with GoldFinch

GoldFinch Financial Integration Features
Robust General Ledger
  • Customizable accounting periods (fiscal, calendar) ideal for any business

  • Natural chart of accounts plus four general ledger variables for reporting segmentation for better tracking

  • Supports multi-national accounting for organizations with multiple legal entities with different base currencies to help your business grow

  • Ideal for multi-currency accounting for better vendor management and improved scalability

Financial Reporting
  • Turnkey full trial balance, profit and loss, cash flow statement, and balance sheet reporting with drill-down capability to truly understand your financial health

  • Point and click creation of custom financial statements with user-defined rows, columns, and calculations for real-time data with fewer headaches

  • Actual to actual, actual to budget, or budget to budget comparison of any accounting period so you know where you stand

  • Format financial statements with blank rows, indents, percentages, and underlines for a clean, easy to read look

  • Ledger inquiry tool to research underlying transactions based on user-defined criteria

  • Easily export financials to Excel and PDF for presentations or sharing

Budgeting
  • Budgeting by general ledger account and variable for each accounting period for stellar financial management

  • Unlimited number of budget ledgers for multiple goals

  • Easily import/update budgets from Excel to share with the team

Banking
  • Connected to more than 14,500 banks and credit card companies for easy, integrated financial management

  • Memorization of general ledger coding for bank imports

  • Supports automated matching of ledger transactions to bank feeds for additional verification

  • Bank reconciliation with audit reports for flawless reporting time and time again

Accounts Payable & Cash Disbursements
  • Track creation and approvals of payable records

  • Current and historic accounts payable aging by accounting period

  • Automatically take discounts for prompt payment terms

  • Quickly cut a single check as payment from an accounts payable record

  • User-defined selection criteria for accounts payable payment batches

  • Cloud-based check printing from a web browser

  • Prepaid expense recognition

Cash Receipts & Collections
  • Online payment of invoices to get paid faster and easier

  • Parent-child cash matching

  • Integrated for credit card and ACH payment processing for more options for your clients

  • Easily write off excess balances

  • Generate and email customer statements for improved customer experience

Stay On Top of Your Data, Even On The Go

All you need to access your data is internet access! From your phone, your tablet, or your computer, quickly pull upreal-time data and make the best decisions for your food business from the field, at home, or in the office. Reduce surprises and secure more sales with easier collaboration across your organization.

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Iselin, NJ 08830

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