The General Ledger (GL) Module is a powerful tool maintaining current transaction
information as well as providing for all transaction history. Budget information
can be processed and accurate reports produced.
Following is a general overview of the General Ledger Module. A detailed
flowchart of the General Ledger process is also available.
General Ledger Summary
General
- The Chart of Accounts provides entry for the Setup and Maintenance of Account
codes, including balance, class and unit type.
- Financial Statements and Trial Balances can be Generated.
- All Account History for the Chart can be viewed via easy to access view
table within General Ledger.
Budgets
- Allows for Budgeting by week, month, year(s) for current, previous or future
forecast.
- Budgets are automatically calculated and history can be tracked.
Journals
- Journal Entry can be maintained and edited.
- Recurring Journals are listed to their own separate table for easy access.
Journals can be imported/loaded.
- A Journal Edit List can be generated before posting to ensure all Journal
entries are lodged correctly.
- Routine operations are available, including the Consolidation of Journals
and Summary of Journals.
- The Account Inquiry screen allows for access to all GL activity for a specific
code.
Reports
The Reports are comprised from two separate Report folders, Reports (FM) and
Board, some of these include:-
- Balance Sheets.
- Profit & Loss (multiple areas).
- Reconciliation Reports.
- Budget Checks.
- Department Journals.
