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Our user-friendly General Ledger (GL) program was designed to be easy to use by novice users, yet includes many of the CPA-needed functions.
The open-ended architecture of our accounting programs work together to take the stress out of end-of-month processing because we do NOT force a Close at the end of each month, which prevents the company from working in the current month.
Drill-down feature let’s user get right at the activity for any month. And our unique problem-solving tools give the user complete control to find and correct mistakes or problems.
We start the Contractor with our pre-built Contracting Business Chart of Accounts and we help to customize it to their specific needs. This service totally takes the worry out of things for the first-time GL user and ensures that the system will be implemented to track the business by department, etc.
Full Depreciation Schedules (using the 4 most common Depreciation Calculation Methods) is available with Recurring Batches to allow the Contractor to update Depreciation Schedules by month.
The user can mark months / years as CLOSED, so there’s no change to the numbers. AND, these Closed months / years can easily be reopened. When user needs to go back into a prior month / year, all subsequent periods are updated with the new information.
Our General Ledger program comes complete with Balance Sheets and Income Statements (profit / Loss Statements), Trial Balances, Budgets, 2-year comparisons. Everything is viewable on-screen and user can drill-down to the activity level of any account.
Our General Ledger program is designed to help the Contractor understand his / her business. What are the strengths and weaknesses of the business? What types of work does the business do better at than others? What should my Overhead Percentage be for each type of work that we do? All these questions are automated by our GL program and we help the Contractor how to set up the GL and understand what it is telling him /her about the business.
"General Ledger" is part of the Cobra Contractors Software line of products, developed by COBRA Business Operations Software.
Cobra Contractors Software is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.