Finance

The General Ledger module provides a robust feature set to handle your most demanding budgeting and processing needs. General Ledger fully integrates with all modules and is the key to maximizing the efficiency and accuracy of your financial data.

 

General Ledger Capabilities

  • Create alphanumeric account numbers as long as 45 characters.
  • Flag General Ledger accounts as inactive to stop using them, but retain them in the system for historical and reporting purposes.
  • Maintain separate periods for adjusting and closing entries.
  • Assign different retained earnings accounts to different account segments.
  • Set up and schedule recurring journal entries for transactions that are processed on a regular basis.
  • Drill down to the originating journal entry and transaction from transaction history.
  • Create analytical reports, spreadsheets, graphs, and charts, and update budgets automatically through full integration with Microsoft® Excel.
  • Produce fast, flexible, customized financial statements through full integration with Microsoft® Excel.
  • Print consolidated statements or statements for any accounting division represented by an account number segment code.
  • Auto-reverse entries to eliminate manual accrual tracking and specify the period for the reversal.
  • Reverse a posted transaction.