SunSystems Accounting- The best ledger accounting solution in Kenya, Uganda, and Africa

Uganda, Kenya, and the majority of African countries might be developing countries but the world is now a global village and the biggest companies in Africa right now are multinationals. These companies have realized that Africa has a growing population, yet-to-discover natural resources, and a capable workforce that is well-educated and affordable.

But it is not only multinationals that a springing up. Locals are also rising up to the challenge with the determination that they are capable of solving their local challenges. With the support of their governments and investors, locals are starting to build outstanding businesses that are able to compete with international conglomerates.

That said, these companies need the best accounting and management systems to ensure they realize their return on investments. Trusted by over 90,000 businesses worldwide, Infor has proven to be the all-in-one solution for many of the heavy technological requirements these businesses have. Although Infor creates business-niche software, their most outstanding software is Infor SunSystems. This accounting software is used by the world’s leading businesses, governments, and NGOs to efficiently run their accounting tasks effortlessly making SunSystems the best accounting solution in Kenya, Uganda, Africa, and the world in general.

These are the best 4 SunSystems (Sun Systems) authorized partners in Kenya, Uganda, and East Africa

What makes SunSystems the best Accounting Software in Kenya, Uganda, Africa, and worldwide?

What makes SunSystems the best accounting software in Kenya, and Uganda is not that it has an easy-to-use interface. Neither is it because it is the cheapest option (not by any range) nor its capabilities. SunSystems’ advantages over the competition are much bigger than that.

SunSystems delivers all aspects of accounting management, including nominal ledger, payables, and receivable ledgers, cashbook, multi-currency, and multi-dimensional analysis from one single source. Thanks to SunSystems’ inherent flexibility, organizations can meet evolving accounting and reporting requirements. It captures detailed data directly at the source and allows you to see performance up close by breaking transactions down to their individual details. Whether the needs of the business change or processes are being revised, new data can be captured whenever it’s needed, and analysis can be performed on that data immediately.

SunSystems uses a unified ledger to hold all financial transactions in a single, integrated transaction set. Fast, easy access to information ensures you’ll never be out of balance. You can easily report across all transactions without requiring reconciliation and all transactions are posted as part of the same data set simultaneously.

Where to get SunSystems in Kenya, and Uganda

SunSystems’ Functionalities

An image showing various functionalities of SunSystems. SunSystems in Kenya, Uganda
Some functionalities of Infor SunSystems

Effectively manage International growth

Whether you deploy in the cloud or on-premises, SunSystems includes all the functionality needed to effectively manage international growth —enabling organizations to launch into new markets quickly and efficiently. SunSystems is the only financial management solution with this level of comprehensive functionality built in. This functionality includes:

Manage multiple businesses centrally

Multi-company support is standard for most business accounting systems, but SunSystems takes this further with support for configurations of each business as separate locales within one deployment. Each configuration can have its own base currency, chart of accounts, and business rules to meet local requirements. Each configuration can have its own independent setup, or multiple companies can be supported within a single business entity.

Multi-calendar

While only one accounting period can be specified on a transaction, different accounting periods can be created for reporting. As data is retained at the transaction level, it can be reaggregated to different periods as required.

Multi-language

SunSystems can be run as a single system, running simultaneously in multiple languages, and with different users accessing the system in the language of their choice. The 16 core languages are Arabic, Brazilian-Portuguese, Chinese Traditional, Chinese Simplified, Czech, English, French, German, Italian Japanese, Korean, Polish, Russian, Spanish, Thai, and Turkish.

Multi-currency

SunSystems supports four currency dimensions for each transaction: transaction currency (variable), base currency (fixed per business unit), reporting currency (fixed per business unit), and fourth currency (variable). “Variable” means the fourth currency code may vary line by line with the ability to address sophisticated requirements, such as branch accounting in different currencies, tracking values by a charity’s donor, or other payment currency (which is distinct from the transaction currency, or the local or corporate accounting currencies).

Multi-tax

SunSystems’ tax calculation capability is simple but flexible, addressing most tax requirements within the core product. For some more complex calculations, SunSystems can integrate with common taxation platforms and provide automated maintenance of rules and rates.

Parallel charts of accounts

Organizations can have various charts of account structures for different entities. This supports the requirement of some countries to code financial data to a statutory chart of accounts structure. Acquired entities may continue to operate a historic coding structure, and different lines of business can utilize other structures that are more appropriate. Multiple charts of accounts can be maintained for each company, making it easy to apply different reporting perspectives to the same financial transactions.

Parallel books for different accounting treatments

In addition to the actual accounting transactions, another 10 books (transaction sets) are available for each company. These books share the same accounting structure and setup but hold separate transactions—allowing the capture of budgets and commitment transactions, as well as enabling adjustments to be recorded for alternative treatments (such as local GAAP, US GAAP, SORP, IFRS, USALI, or tax adjustments)

Smart transactions for localized reporting

SunSystems allows you to define additional data to be captured and stored on all source transactions, as well as refine what data is required for different accounts or types of transactions. For example, for a travel-related expense posting, you may choose to capture the employee code or the destination. You can change the data capture requirements and add new dimensions. Smart transactions allow you to manage additional data requirements that arise from local accounting practices, even when the requirements change.

Combine business processes with modern technology

By extending the use of SunSystems with Infor Operating Services (OS) as the underlying technology platform, SunSystems users get a modern unified experience and the ability to create configurable workflows and alerts to help optimize business processes.

This platform will allow customers to create user-definable alerts and workflows such as being notified when there is a material difference on the balance between periods on a sensitive balance sheet account or be notified if a transaction over a particular amount has been posted to say the suspense account, or to approve a ledger posting or the creation of a new nominal or analysis code.

SunSystems users also get access to another component of Infor OS, Infor Document Management (IDM), which allows organizations to store and retrieve in-context information to enhance the user experience. Documents can be uploaded and retrieved from SunSystems functions such as bank statements against the bank account, supporting documents for ledger postings, contracts, or terms and conditions against Supplier records.

Integration with third-party cloud and on-premises solutions can be achieved via Infor ION®, a component of Infor OS that enables SunSystems to connect with both Infor and non-Infor applications, services, and data sources.

Learn about the SunSystems Assets Accounting Module

Get the information you need when you need it

SunSystems’ unified ledger provides fast and easy access to smart transactions that deliver data and detailed contextual information. Whether it’s from a general ledger, sales and purchase ledger, or even a user-defined ledger, all the ledger data is combined in one place without having to wait for batch updates or reconciliations. You’ll be able to close your books faster, resulting in lower costs and greater efficiencies.

How Infor SunSystems is beneficial to Non-Profit Organizations

How World Vision is using Infor SunSystems to effectively operate- And how you can use it for your business

Expand operations

Infor SunSystems has additional modules that include requisitioning, purchasing, sales order processing, and inventory management. These modules allow organizations to expand operations in a seamless fashion and leverage extended business capabilities.

Infor Query & Analysis (Q&A) Demo Walkthrough – What it does and how it works

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