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This is the backbone of the system. It contains programs to establish and maintain the free-form twenty-nine digit alphanumeric chart-of-accounts. Included are functions that allow posting, analyzing, and reporting on any activity in the ac-counts. Extensive drill down capabilities are found throughout the system. Tight budget controls are available, found only in a financial system designed for vigorous fiscal management.
Special features like allocation posting are provided. A complete set of financial statements can be designed, grouped, and printed according to a user-defined timetable using the Report Scheduler. All of these tasks are accomplished following the Generally Accepted Accounting Principles (GAAP), Financial Accounting Standard Board (FASB) and Government Accounting Standards Board (GASB) guidelines for fund accounting.
"General Ledger" is part of the BUCS fund accounting line of products, developed by Donald R Frey.