The General Ledger (GL) package includes the following capabilities:
- Accesses all features through convenient menus Displays function key operations on the screen and allows their use to simplify processing.
- Allows for multiple companies with or without consolidated statements. It is not necessary, however, to enter the company number on each menu selection if you're in a single company environment.
- Allows departmental postings Allows entry of general and recurring journal entries Allows accrual entries which are automatically reversed in the next period.
Provides G/L account inquiry (including transaction detail) on the screen.
Pop Up Windows allow generic search of accounts.
- Allows maintenance of the financial statement designs with multiple designs possible.
- Prints comparative and/or consolidated financial statements Each line on the income statement can be reflected as a percentage of budget or percentage of revenue.
- Provides complete transaction detail for up to three years of data.
- Allows an initial and final year end closing procedure.
- Allows posting of transactions to new year without first closing old year.