Immediate Access to Information
comprehensive financial analysis tool allows comparison of current results
against historical performance and budget projections, and it provides
the latest financial data for informed decision-making.
Flexibility in Reporting
accurate reports by time period, by account or range of accounts, and
by transaction types.
integration with all applicable ShopWorX modules saves time and reduces
The General Ledger module will allow you to easily, quickly, and
accurately track the dollars and cents of your business. It gives
you the facts you need to evaluate financial results and product
line profitability. It includes fixed journal entries, standard
journal entries, manual journal entries, accrual/reversing entries,
allocation entries, budgets, asset accounting and an interface to
map your chart of accounts to the ShopWorX software. All system
transactions are maintained to provide an audit trail with date,
amount, account and login name. General Ledger gives you complete
control of your financial information, which can be used to make
decisions that improve your companys productivity and profitability.
12 or 13 Period Accounting Cycle
Define quarterly, monthly, four week, or 4-4-5 accounting periods
for the entire fiscal year at one time.
Multiple Open Periods
At year-end, you can close financial links to other modules and
process prior period adjustments for up to 18 periods. This allows
you to continue processing data for the current year without having
all the information necessary to complete the previous year-end.
Asset Tracking and Depreciation
Define fixed assets and establish depreciation methods for both book
and tax reporting.
Journal Entry Options
Define accrual/reversing entries for automatic posting each period.
You can create one-time journal entries or convert a manual journal
entry to a standard journal entry.
This feature allows you to distribute amounts from one account to
a group of accounts based on percentages.
Trial Balance Options
Year-to-date balances of all general ledger accounts can be printed
in a summary or detail format. An online trial balance review by account
is also available.
Account Numbering Structure
Department codes can be embedded in account numbers to facilitate
separate financial reporting by corporation, company, division, or
Immediate budget comparisons such as actual-to-budget or actual-to-prior-year
are available for each account by accounting period.
General Ledger Integration