General Ledger

The General Ledger module is a multi-company ledger with a flexible reporting capability. The system has provisions for tracking against prior year's information as well as budgets.

Here is a general listing of the features

  • Flex Budgeting - allows the budget to be calculated as a percentage of the actual or budget balance of a specified group of accounts
  • Recurring and auto reversing journals to eliminate redundant entries and allow flexibility in moving journals from one month to another
  • Multiple years on file to allow posting to the current and previous fiscal years prior to year end processing
  • Flexible formatting of financial statements to allow the user to gather information in a variety of formats and get financial data on as many or as few accounts as needed
  • Ability to unpost a journal