General Ledger

Provides summary financial information when needed, with detail information just a simple mouse-click away. Each company has a separate chart of accounts that can be built from a master chart of accounts or copied from another company. The user can format the standard financial statements to a variety of formats, as well as set up supporting schedules to provide more detailed information used in the analysis of Balance Sheet and Income Statement accounts. As needed, each job is tracked by work-in-process, earnest money received, loan draws made, and cost of construction. When a job is closed, click a single “Closed” button and the proper accounting entries are made for you automatically.

The General Ledger module is the core of the software. All of the accounting modules in the software interface with the General Ledger, allowing access to up-to-the-minute detailed financial information so that your day-to-day decisions are faster and smarter. It delivers what you need, when you need it.

Features

• Security features allow controlled access to various functions
• Unlimited number of years can be retained
• Prior period entries allowed at any time during the year
• Ability to print financials for any prior period
• User-defined chart of accounts or default list provided
• Full year comparative or budgetary financials
• New accounts can be added on-the-fly
• Maintains complete audit trails of all transactions and adjustments
• Provides inquiry to examine balance history by month and transaction detail
• Financials include percentage variances of total sales and percent of change
• Tracks work-in-process, earnest money retained, construction loans, cost of construction and construction revenue by job
• When setting up or closing jobs in Job Cost, the general ledger is updated automatically
• Account lookup by name or number

Reporting Features

• All reporting is date sensitive, so financials can be run daily, if needed
• Allows a date range selection of trial balance and general ledger reports
• Journal entry list
• Trial balance
• General ledger detail
• Balance sheet
• Net change balance sheet
• Income statement
• Supporting schedules
• Comparative income statement
• Budgetary income statement