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Our General Ledger caters for Main and Sub-Accounts as well as full departments or branches and also has full cost centre allocations for a complete multi-dimensional reporting view of your business. In addition each General Ledger Account has the option to be Reconciled for accounts such as provisions or accruals with user account security set per General Ledger Account. This roll-up security feature even stops staff from invoicing items whose sales or cost accounts are disallowed at General Ledger level.
The subsidiary ledger feature allows you to maintain certain information relevant to a specific account. For example, it could be used for audit schedules for “reconciled” accounts or simply a list of Fixed Assets such as Motor Vehicles. Because of its free format, the Subsidiary Ledger sits “outside” the standard General Ledger and has no financial transactional bearing on the system.
Palladium Accounting caters for budgeting in all facets of the application including General Ledger, Departments/Branches, Profit Centers, Customers, Vendors and Even Inventory and Service Items giving you the ability to measure your performance throughout the system.
"General Ledger" is part of the Palladium Accounting line of products, developed by Palladium Accounting.
Palladium Accounting is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.