Financial and budgetary framework

The Financial and Budgetary Framework fully supports the general and specific processes of budget management, from the management of appropriations related to EU financial funds to the payment of clients’ support claims, tailored to the professional needs of the task. It ensures the accurate tracking of financial resources, payments, receivables and related short and long term financial planning and forecasting, allowing for account management, collateral management, automatic processing of bank statements. It allows accurate accounting to organisations and clients, accounting between accounts, taking into account the financial year in accordance with the requirements of the budgetary bodies and the EU. The data managed by the framework constitute the analytical accounts and form the basis for the accounting, management information and reporting according to a single chart of accounts and a single classification of accounts. [KFONIX:PENZUGY] contains the following main functions and links.

Financial and budgetary system functions