General Ledger

GENERAL LEDGER APPLICATION HIGHLIGHTS

This system provides the following capabilities:

* General Ledger account numbers can be numbers or letters (up to 9 positions)

* The chart of accounts can be subdivided into:

Assets
Liabilities
Income
Capital
Expenses
Title
Accounts

* Supports a journal entry routine which posts to the general ledger and job cost applications

* Supports a standard journal entry file which allows for repetitive journal entries

* Receives transactions from the Accounts Payable, Accounts Receivable, and Payroll systems

* Maintains an "audit trail" of all transations

* Projected financial statements can be printed prior to closing

* Produces the following reports:

Montly Transaction Report

Trial Balances:

Projected
Standard Month
Standard Year-to-Date
Month Only
Year-to-Date Only

Balance Sheets:

Projected
Standard Month
Standard Year-to-Date
Month Only
Year-to-Date Only

Transaction Analysis Report

Income Statements:

Projected
Standard Month
Standard Year-to-Date
Month Only
Year-to-Date Only
Compared to Budget
Compared to Last Year
Compared to Last Year and Budgets
13 Month Comparison

* Interfaces with Accounts Payable, Accounts Receivable, Payroll, Job Cost, Purchase Order/Subcontractor Control, and Activity History applications

* Protects certain information which if changed would create problems with an accurate audit trail.

* Allows posting to months in the previous fiscal year.

* Allows for printing of financial statements for the previous fiscal year