USL Financials is a great fit for many businesses.Â Find out if it's the right choice for you!Â Are you looking for a USL Financials demo, technical support, product or pricing information or to simply to compare USL Financials with competitive options? Quickly get answers and the information you need.
The General Ledger is the area of accounting where all sub-ledger records are brought to be classified and summarized.
In addition to an account structure that can accommodate up to 32 characters in nine segments, USL can utilize a feature called account attributes to further categorize accounts for other purposes. These attributes can be attached to individual accounts or groups of accounts normally unrelated except as required for this purpose. These attributes can be numeric, text, codes, dates, etc.
Our clients have many uses for them e.g., to classify a type of account (restricted on unrestricted for example), grant information (granting agency, begin-end, special requirements, principal investigator), percentage allocation values (to maximize the billing capability of the grant to grantor), etc. Their use can be more than simply categorizing accounts for a special report. They can be used to store information that is the basis of calculations and analysis.
"General Ledger" is part of the USL Financials line of products, developed by Public Sector Solutions.