Introduction to the Essential Module

  • 12/03/2023
  • 3 minutes to read

The Continia Finance Essential Module is a free add-on that is aimed at improving your financial management experience. By using the Essential Module, you can take advantage of a range of useful features that will help you achieve greater clarity, efficiency, and accuracy in your financial processes.

You can unlock the Essential module's capabilities by activating the features on the Continia Finance Setup page. Simply navigate to the General FastTab and enable functionalities such as maintaining original currency codes, using ledger entry comments, applying VAT key codes, utilizing fast capture, optimizing line readability with section lining, and enhancing interaction with colored report hyperlinks.

To activate the Essential module's features:

  1. On the Continia Finance Setup page, navigate to the General FastTab to enable the following features:

    • Maintain Original Currency Code in G/L Entry - when activated, this feature includes the original currency code and amount in G/L entries.

    • Use Ledger Entry Comments - when activated, you gain the ability to utilize comment lines in all ledger entries. This is especially useful if you wish to add explanations for open entries, such as discrepancies between payments and invoices requiring further investigation.

    • Use VAT Key Codes - when activated, VAT key codes can be applied to automatically populate VAT fields.

    • Use Fast Capture - when activated, you can employ predefined accounting rules by utilizing a specific keyword in journals.

    • Use Section Lining - when activated, alternate lines are shaded in a subtle grey, significantly improving the legibility and focus on individual lines.

    • Colored Report-Hyperlinks - when activated, the master data records are underlined in distinct colors, serving as interactive links to their corresponding reports.

  2. Navigate to the Balance Confirmation FastTab, to activate the feature that helps you efficiently manage year-end financial tasks. You can generate balance confirmation letters for both customers and vendors. The inclusion of Report IDs for Customer and Vendor Balance Confirmations ensures clear and easily identifiable communication.