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Introduction

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Finance

Introduction to Finance

This section covers how EVA handles all your financial needs. This includes the initial set-up of currencies and taxes, the day to day in-store processes and the export of all your transactional data to your accounting system using EVA's Cookbook technology.

Background

We know you're busy, so we'll get straight to the point: EVA is a powerful tool that can handle a lot of the features you'd expect to find in an ERP system, like stock registration, tax management, and invoice generation. All of this happens in real-time using our Financial Events, which create a super detailed ledger of everything going on in EVA.

Whether you're dealing with customer transactions (B2C) or internal ones (B2B), EVA has you covered. And when you're ready to bring all this financial data over to your accounting system, our Cookbook solution makes it easy to automate your general ledger and even sub-ledger postings.

Below, you'll find a quick intro to some financial concepts and how EVA handles them.

Currencies

This covers the set-up of all currencies and denominations you need to operate across your markets.


Tax management

EVA is ready to support the tax structure of all key retail markets worldwide, including the support of 3rd party tax calculation engines such as Avalara. This section covers the configuration needed to make this work.


In-store

This is where you'll find all the day-to-day stuff you need to manage your store's finances, like opening and closing the register, setting up income and expense types, and more.


Invoices

Every time money or goods move within EVA, we create an invoice for it – whether it's a customer transaction (B2C) or a business one (B2B). This section will show you how to search through invoices and use our invoice matching logic to cross-check supplier invoices.


Accounting

EVA creates financial events in real-time for every transaction. In this section, we'll show you how to use our Cookbook feature to filter and consolidate all that data, and then export it to your ERP system, and more.