 | Handles all general ledger accounting needs, producing reports, trial balances and
profit and loss statements on a group, company, division, department and section basis. |
| Stores up to ten different annual budgets for each company. |
| Maintains up to 999 permanent and reversing permanent journal entries in a separate
file for automatic monthly processing. |
| At month end, accumulates all detailed transaction records for each account,
posting to history file. |
| Insures ongoing balance in journal entries, maintaining consistency unless
specifically modified. |
| Stores det``ails of each month’s journal entries for internal control and
auditing purposes. |
| Provides up to date information for all account inquiries. |
| Ties all sub ledgers into a central account system. |
| Maintains two files: detailed transaction file and history file. |
| Stores an entire year of general ledger detail in year-to-date file. |
| At year end, saves all current year detail and history to archival files. |
| Produces pro forma profit and loss statements. |
| Displays a company year-to-date General Ledger Report by specified month or for a
selected range of accounts. |
| Regardless of budget level, produces a company budget by accumulating. totals
across all levels. |
| Forecasts budgets from existing budgets, allows modification to reflect future
conditions. |
| Compares actual financial status to present and future budgets. |
