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The Rent Manager XP General Ledger module is a completely integrated accounting system that works on both a cash or accrual based system. All transactions entered automatically update the General Ledger Journals, Worksheets, Statements, and accounts. Rent manager allows you to create your own chart of accounts or use the sample chart provided.

General Ledger Features

  • Entries automatically update General Ledger Journals, Worksheets, Statements, and General Ledger.
  • Up-to-the minute financial information at any time. No more waiting until the end of the month for a financial statement
  • All transactions in other modules are automatically posted to General Ledger.
  • Changes to transactions automatically produce reversing entries for perfect audit trails
  • No need to run separate sorting or posting routines
  • Expenses may be distributed to Properties, Rental Units, and account codes.
  • Flexible chart of accounts for easy tailoring to your unique business needs
  • Chart of accounts is presented and manipulated in a visual tree-like structure
  • Option to create your own chart of accounts or use the sample chart provided.
  • Separate journals for each control account (such as cash accounts)
  • Separate income accounts so that sources of revenue can be quickly identified and analyzed

Other Applications

The following applications are designed to work hand-in-hand with Financial Reporting:

"Financial Reporting" is part of the Rent Manager line of products, developed by London Computer Systems.