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General Ledger
The General Ledger application is a powerful software
product providing customized, flexible control of financial reporting
based on transactional activity and journal entries. User constructed
comparisons of current, historical, and budgeting information provide an
effective analytical tool for competitive decision making.
General Ledger has been designed in accordance with established accounting principles to allow creation of a tailored, comprehensive set of financial reporting tools when used in conjunction with other Realtime software or as a "stand-alone" application. Data generated through other Realtime Software Package applications flows in through General Ledger Interface, automatically creating appropriate journal entries. Additional entries may be easily created for other activities specific to your environment.
Specific features of the General Ledger application include:
General Ledger has been designed in accordance with established accounting principles to allow creation of a tailored, comprehensive set of financial reporting tools when used in conjunction with other Realtime software or as a "stand-alone" application. Data generated through other Realtime Software Package applications flows in through General Ledger Interface, automatically creating appropriate journal entries. Additional entries may be easily created for other activities specific to your environment.
Specific features of the General Ledger application include:
- On-line entry, maintenance and deletion of Chart of Accounts records
- Account inquiry
- User-defined accounts
- Unlimited number of accounts
- Account numbers up to 20 alpha-numeric characters
- 9 level account number partitioning for sorting and reports
- Up to 15 accounting periods
- Beginning balance/period totals initialization for mid-year start-up
- Budget entry - up to 15 periods
- Account to account balance transferring
- Manual journal entry maintenance and
deletion
- Current, Recurring, Prior period, Accrual, Disbursements, Allocation
- Journal entry re-posting option
- Information independent report formats
(available for balance sheet, memo, and P&L accounts) include:
- Trial balance (detail or summary, period or year-to-date)
- Side by side
- 3 column
- Period and Cumulative percent comparison
- Cumulative percent comparison
- Source and application of funds
- Cash flow statements
- Base/Related period and cumulative percent comparison
- Base/Related period and cumulative comparative variance $'s & %'s
- Base/Related cumulative %'s
- 10 column (user defined total, % comparison, & variance columns)
- 13 column (cumulative balances or period balances
- Customized, flexible report structuring
using defined report formats
- Combination of 97 sets of budget or historical data
- Any combinations of accounts may be incorporated in each report
- Reports may be grouped for continuous execution
- Multi-level reporting capability
- Profit disbursements (at year end)
- On-line/Off-line historical and budgeting information
- Multi-company environment with consolidation capability
- Prior year auditor adjustment procedures
