BS/1 Small Business - General Ledger

The General Ledger system tracks budget and actual financial data to produce financial statements such as an Income Statement and Balance Sheet, the Trial Balance Report, General Ledger Report, GL Totals Screen, GL History Screen, and the Bank Book.

• No monthly closing required
• Sample chart of accounts and journal voucher examples
• Automatic reversing journal entries
• On-line drill-down to source document
• Budget with optional graphical entry
• Complete year-end processing
• User-defined Financial Statements, Trial Balance, and General Ledger Report
• Delphi source code available royalty-free

Data is passed to the general ledger from the AP and AR automatically via Journal Vouchers with expenses and revenues converted from foreign currency to domestic currency. You can trade globally in multiple currencies while your books remain in domestic currency.

Data is keyed directly to the general ledger via Journal Vouchers to record

• Initial entry of general ledger opening balances
• Bank charges and interest
• Depreciation
• Corrections and adjustments to previous general ledger transactions
• Purchase of foreign currency
• Foreign currency AP, AR, and bank balances conversion to domestic currency

Year-end closing entries for the general ledger are generated by the software.