General Ledger Module
Take advantage of powerful cost center features for countless accumulation of cost and revenue streams. The General Ledger Module is the financial centerpiece of the Integrated Software Series© and handles the financial functions of your business. Accounting transactions are stored to generate financial statements. Power users will appreciate the tools incorporated within the module. Extensive integration with third-party products assist in the manipulation of data and layout of financial statements. Features such as date-based accounting periods, online bank account reconciliation, and recurring entries promise time savings. This module allows you to maintain compliance with GAAP and FASB.
Integrates With All Financial Modules
The General Ledger Module integrates with all of the Integrated Software Series financial modules to provide accurate tracking of revenue and expenses with unlimited history. Eliminate the need to enter data twice through integration with the other modules.
Powerful Cost Center Features
Cost centers can be programs, sites, clients, or any other designation that you choose. Cost centers allow you to track revenue and expenses in a variety of methods. Establishing cost centers allows for accurate reporting to internal and external sources. The reports in turn, provide information to make properly informed management decisions. Cost center setup will keep a neat, compact chart of accounts, while allowing powerful reporting options based upon the cost center assignment. Cost center assignment is not mandatory and you may wish to use the more traditional approach of assigning various sub-accounts to your account structure. Either way, you will have the information you need to accurately compare cost and revenue data.
Flexible Account Structure
The Integrated Software Series handles unlimited accounts, subaccounts, and cost centers. Accounts and subaccounts can have up to 9 segments with a maximum of 10 characters per segment with the total length not to exceed 30 characters.
Robust Reporting Options
The Integrated Software Series and the General Ledger Module provide all the tools necessary to handle your reporting requirements! Essential general ledger reports and inquiries are incorporated into the software. General Ledger provides multiple transaction report options. All reports have numerous sorting and filtering options to provide the exact data you are looking for to make informed decisions. Get a quick view of your accounts and activity via on-screen printable inquiries.
In addition, the Integrated Software Series communicates with some of the software industry’s most powerful third-party software packages including Microsoft Word and Excel. All reports are capable of being exported into text, rich text (Word), Adobe Acrobat Reader (PDF), or Excel files with a click of the button. Manipulate data or simply share data with other users through a variety of standard software programs. Make the move towards a paperless office!
User-Customized Financials
Harness the power of Excel and its charts, graphs, and calculators to create customized financial statements to handle your financial reporting needs. Pre-programmed Excel functions link directly to your accounting data. User-defined tags accumulate account balances in various formats for financial statements and cost reports.
Online Bank Reconciliation
Online account reconciliation with speed-entry features to assist you in reconciling your accounts to your bank records comes standard with the General Ledger Module. Out of time during the middle of a reconciliation? Simply postpone the process and pick up where you left off at a later time.
Unlimited Comes Standard
The only limit to the amount of history our software tracks is the amount of space on your server's hard drive. Historical data for comparison reporting and transaction research are at your fingertips for audits and other purposes!
In addition to unlimited history, you can have unlimited:
- Accounts
- Journals
- Journal Entries
- Money Accounts (checking, savings, credit cards, etc.)
Date-Based Accounting Periods
User-defined fiscal periods may be kept open as long as necessary. A period does not need closed in order to begin working in the next period. Transaction integrity is ensured by administrators locking out periods from further activity. Thus the system is date sensitive with no period closing procedures.
Time-Saving Data-Entry Options
Many time-saving features are included in the General Ledger Module. “Quick-find” windows locate financial and account information with minimal user effort. You can also memorize and recall recurring journal entries. Add accounts, subaccounts, and cost centers “on-the-fly” during transaction entry.
Other Features
- Electronic Funds Transfer (EFT) built in
- One click to get bank account balances
- Enter budgets in Excel and import with one click
- Handle multiple divisions within the same chart of accounts
- Import journal entries (like complex overhead allocations) and money transactions from Excel with one click
- User-defined check formats