DATA SHEET

SunSystems Accounting

The Complete Ledger Acounting Solution

Meet Change with Confidence

Traditional financial management systems often lock you into rules, structures, and business models that can’t evolve to meet changing needs. Infor® SunSystems has the agility to work the way you want, empowering you to meet change with confidence and easily manage business growth.

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.

SunSystems Cloud Can Transform the Finance Function

Innovate Faster

React to ever-evolving market changes and pursue new business opportunities, more quickly and cost-effectively

Embrace Digital Transformation

Combine business processes with modern technology

Simplify Compliance

Security and compliance updates can be pushed out automatically to the entire organization

Infor SunSystems Overview

Satisfy Global Requirements

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:

Multi-Company

Multicompany 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-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).

Parallel Charts of Accounts

Organizations can have various charts of accounts 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.

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-Tax

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

Innovate Faster

React to ever-evolving market changes and pursue new business opportunities, more quickly and cost-effectively

Embrace Digital Transformation

Combine business processes with modern technology

Simplify Compliance

Security and compliance updates can be pushed out automatically to the entire organization

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 transaction. 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 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.