General Ledger
The General Ledger is integrated with AR, AP, Bank Services and the Enterprise Software application suite.
- Flexible and fully featured Chart of Accounts support basic and complex accounting structures
- Transaction Tracking to specific GL accounts across Warehouse Facilities, Distribution Centers and multiplant Manufacturing locations
- On-line Inquiries with Rollup capability for individual or group of accounts and categories of accounts
- Integration of Inventory transactions to General Ledger
- Auto Journal Entries and Auto Distributions supported by templates that can be used as required or scheduled on a recurring basis
- Batch or on-line Posting Options
- Summary and Detail level of posting
- Fixed Asset Unit account types for tracking acquisitions and dispositions. Can also be used in financial statement reporting
- Tiered Fiscal Period Close – allows for close of subsidiary ledgers while General Ledger remains open
- Flexible Budgeting with unlimited user defined budget types
- Budgets can be loaded from previous year actuals, percent increase over prior actuals or budgets, and direct entry
- Automated Year-End processing features
- High level summary inquiry for GL balances with tiered drill down to detail GL account and supporting journal entry transactions
- Automated month-end runs for foreign currency realized exchange gain/loss
- Project and Cost Reporting
- Up to 13 Fiscal Periods with a 14th Period for Year-end Adjustments
