📊 Understanding Accounting Masters in VinAR-ERP

In SuperNova,VinAR-ERP, Accounting Masters are the building blocks of financial transactions. They provide the essential structure needed for accurate accounting, compliance, and financial reporting.

By managing these masters efficiently, businesses can:
✅ Maintain accurate financial records
✅ Ensure regulatory compliance
✅ Gain valuable financial insights

📌 Key Accounting Masters

These core elements help streamline financial processes:

🔹 Company – Defines the business entity.
🔹 Currency – Manages multiple currencies for transactions.
🔹 Country – Sets country-specific accounting rules.
🔹 Chart of Accounts – Organizes accounts for financial tracking.
🔹 Accounting Period – Defines financial reporting periods.
🔹 Fiscal Year – Tracks annual financial performance.
🔹 Finance Book – Helps manage multiple financial reporting standards.
🔹 Mode of Payment – Defines accepted payment methods.
🔹 Payment Term Template – Standardizes payment schedules.
🔹 Payment Terms – Sets terms for receiving/making payments.
🔹 Loyalty Program – Manages customer reward programs.

By properly setting up and managing these Accounting Masters, businesses can ensure seamless financial operations and better decision-making.