Is System 20/20 right for your business?

System 20/20 is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a System 20/20 demo, technical support, product or pricing information or to simply to compare System 20/20 with competitive options? Quickly get answers and the information you need.

  • Multi-company capability with automatic intercompany clearing entries allow all companies to be in balance at all times.
  • Allows any number of user-defined fiscal periods within a fiscal year.
  • Fiscal periods can be closed to subsidiary modules, but remain open for General Ledger.
  • Flexible chart of accounts coding system consists of three required data elements, Company, Operating Center (Division or Department), Account and one optional data element, Sub-account.
  • A total of seventeen characters are available, including a single space character between each data element. These characters can be distributed among the above elements in any combination. The result is a customized coding structure that matches your company’s requirements.
  • Separate Chart of Accounts for each company.
  • Chart of Accounts and Financial Report schedules can be copied between companies.
  • A new fiscal year can be started before completing the closing entries for the prior fiscal year.
  • Consolidation of subsidiary module transactions into a single journal based on user-defined consolidation options available in each source module.
  • Journals may be on-line, batch, accrual, auto-reversal, inter-company, inter-module, year-end close, or encumbrance.
  • Journals can be posted to any open fiscal period.
  • Recurring journal entries can be established for either a specific company or across multiple companies.
  • Separate financial report formats are available for each company in a multi-company environment.
  • Preparation and generation of customer invoices in custom or standard AIA formats.
  • Multiple methods of arriving at invoice cost.
  • Time and materials billing capability allows you to bill at an individual cost transaction level through the utilization of billing rate schedules.
  • Income Recognition processes automates the computation of General Ledger journals according to user-specified rules.
  • External audit requirements can be met through the compilation of detail transactions.
  • Multi-level Cost Account On-line inquiry provides immediate access to detail transaction information for cost accounts.
  • Flexible financial reports can display any of the following options within a four-column report format.

Other Applications

The following applications are designed to work hand-in-hand with General Ledger:

"General Ledger" is part of the System 20/20 line of products, developed by Construction Information Systems.