Accounting Standardization System for Public Sector
PUBLIC ADMINISTRATION
Accounting Standardization System for Public Sector
PUBLIC ADMINISTRATION
Accounting Standardization System for Public Sector
SNC-AP: Accounting Standardization System
The SNC-AP is a financial management solution developed to support the implementation of the new practices of the Accounting Standardization System for organizations that are part of the Public Administration/Sector (SNC-AP). This standardization took effect on 01/2018, in accordance with Decree-Law no. 192/2015.
The Hydra SNC-AP add-on supports Portuguese Public Administration entities in the effective implementation of the SNC-AP, guaranteeing an adequate management that ensures a global
financial control fully integrated with the ERP Dynamics 365 Business Central management modules.
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Calculation of available funds (according to LCPA)
Budget execution control and reporting to external entities
Official accountability reports
Control of the legal limits of the Public Contracts code
Treatment of positions in public functions
The SNC-AP add-on provides an integrated response to the management needs of Public Sector
The Hydra SNC-AP accounting standardization system ensures global financial control from the preparation of the budget and the respective changes, execution and control; through the management of expenditure and revenue, appropriations, commitments and management of sources of financing; until accountability. In this way, promoting the transparency and comparability of financial statements and the desired efficiency and effectiveness of public management.
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