General Ledger

RTI 2000 General Ledger monitors income and expenses, and produces financial statements--reducing bookkeeping costs!

The General Ledger module is designed to automate your financial-reporting tasks and streamline your data entry. By retaining long-range historical balances (up to five years), G/L provides a broader view of your business's financial health.

General Ledger interfaces with Payroll, Menu Management, Daily Store Reporting, and Accounts Payable modules.

General Ledger automates the accounting process and reduces--from weeks to days--the time required to produce financial statements. You can run individual or consolidated financial statements or budgets (and you decide when to run them). These statements can be easily and quickly produced, for any accounting period in the operating year.

Features

• Accommodates up to 100 stores.
• Multiple levels of security provide confidentiality.
• Financial statements such as Balance Sheets, Profit and Loss Statements, and General Ledger may be consolidated with other stores by store groups.
• Accommodates Prior Period Adjustments automatically, without requiring that you restore data.
• Simplifies and automatically processes year-end closings.
• Automatic journal entries allow for allocation of expenses and calculating rent and service fees.
• ASCII export of account balances allow graphing of sales history.
• Cumulative ledger prints any combination of stores and accounts over any designated time period.
• Comparative Profit and Loss Statements include: This Year vs. Last Year, This Period vs. Last Period, Budget vs. Actual.
• Multiple types of journal entries, such as repetitive or automatic reversing entries, decrease data entry requirements.
• Budget spreadsheet allows you to budget fixed and variable expenses.

Reports

• General Ledger
• Trial Balance
• Profit and Loss (Income Statement)
• Balance Sheet
• Statement of Cash Flows