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The General Ledger found in QuickBooks Premier will allow you to stay on top of your business’ financial status. This provides you with a consolidated view of who owes you money, who you owe money to, important reminders, and income/expense performance metrics.
QuickBooks Premier uses the transactional history found in the general ledger to provide you with over 150+ pre-designed reports. Unlike Pro, QuickBooks Premier gives you access to 150+ industry specific reports. A few of the reports available include:
Each report is adjustable, allowing you to gain useful insight into your business. Within each report you can click on any number to see the details behind it. Any report in the system can be exported to Microsoft Excel.
Using recent spending history, the system will allow you to create a working budget automatically. The budgeted amounts are then fully adjustable either individually or across line items. This allows you to later refer back to the budget to see how your actual spending compares to your original budget.
"General Ledger" is part of the QuickBooks Premier line of products, developed by Intuit.