Automatic Posting
You don't have to be a bookkeeper to use PCLaw. PCLaw automatically posts entries from each journal to the General Ledger. You may view and/or print the General Ledger in both detail and non-detailed formats. The detailed format reflects every transaction that occurred during the period. The non-detailed format shows summary postings from each journal for the period.
See a Comparative View of All Your Revenue and Expenses for the Previous 12 Months in a Spreadsheet Format
Review your income statement at any time.
The Income Statement shows income and expenses for the period, and calculates the profit or loss. PCLaw allows you to produce an Income Statement at any time, even before the end of the month. PCLaw allows you to produce an Income Statement even if you have not closed prior accounting periods.
The Balance Sheet
The Balance Sheet shows the financial position of the firm at a point in time.
Choose Cash, Accrual or Modified Cash Accounting
PCLaw's General Ledger can be set up to handle Cash, Accrual or Modified Cash accounting for Partnerships and Professional Corporations.
"General Ledger" is part of the PCLaw line of products, developed by Alumni Computer Group, Inc. .