General Ledger

The General Ledger Module starts with the following:

♦  Allows multi-company or single company processing.
♦  Supports a user-defined calendar and maintains monthly account totals for up to four years.
♦  Handles 12 or 13 fiscal periods per year with flexible ending dates.
♦  Automat ically posts recurring journal entries.
♦  Produces daily, weekly or monthly reports on demand and calculates detailed or summary listings
of all activity, in logical, useful formats.
♦  Integrates with other Data Systems' applications to form a total accounting system that handles
Accounts Receivable, Accounts Payable, Inventory Control, Order Processing, Invoicing, Payroll/
Personnel Management, Bill of Materials, Purchase Order, Fixed Assets, and Sales Analysis.
♦  A flexible, powerful Financial Report Writer enables you to define financial reports in any format,
including consolidated financial statements.
♦  Complete audit trails enable each transaction to be traced back to source documents.

KEY FEATURES

♦  Automatic posting of recurring journal entries, even on a variable frequency basis.
♦  Daily activity audit trail reports with page breaks for each fiscal period.
♦  'Drill Down' in G/L entries to original journal entry/module batches.
♦  Fast, easy journal entry with journals maintainable until update.
♦  Full budgeting capabilities with variances.
♦  G/L Account Inquiry displays activity totals and itemized detail for any account.
♦  G/L Departments can be columns in financial reports.
♦  Monthly account activity totals maintained (up to 4 years).
♦  No requirement for 'period closing' can keep open any period for up to 4 years.
♦  Prior period adjustments automatically update the current period.
♦  Double-entry accounting procedures virtually eliminate 'out of balance' errors.
♦  Retained Earnings can be divided among G/L Departments.
♦  Trial balance is forced before detail transaction.
♦  Unlimited storage of G/L detail transactions.
♦  User-defined fiscal calendar handles 12 or 13 fiscal periods, any ending dates.
♦  User-defined G/L code with up to 12 digits.
♦  Year-end forward balance update for balance sheet accounts may be repeated if previous year's
data should change.
 
FULL FEATURED FINANCIAL REPORT WRITER
 
♦  Actual and/or budget data.
♦  Column and row comparisons and totals.
♦  Consolidated financial statements.
♦  Departmental reports.
♦  Different department columns on same report.
♦  Error checking during report design.
♦  Level subdivisions.
♦  Mult i-period comparisons.
♦  Print to choice of printers or to files.
♦  Row percents and both dollar and percent variances.
♦  Self-documenting.
♦  Up to 999 headings, totals, or detail groups.
♦  User-customized headings.
 
LIST OF REPORTS
 
♦  Fiscal Calendar Print.
♦  G/L Department File Listing.
♦  G/L Trial Balance Reports.
♦  Journal Entry Activity Report.
♦  Monthly Activity Balance file report.
♦  Recurring Journal Entry Account Reference Report.
♦  Recurring Journal Entry Listing.