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The General Ledger System
provides sophisticated financial reporting on both a cash and accrual
basis. Integration of LMS+ modules directly to the General Ledger system
allows for seamless monthly processing and analysis of the firm’s financial
reporting. Reporting formats are user-defined, providing you with a variety
of summary and detailed reports to assist in financial planning.
General Ledger also handles
multiple office locations and allows on-line inquiries by department, profit
center and account. You have the ability to perform the comparison of
income statements and balance sheets to both prior periods and budgets.
| Features |
Benefits |
- Cash basis statements
- Accrual basis statements
- Simultaneous cash and accrual
- Comparative income statements
- Comparative balance sheet
- Sources and uses of funds statement
- Financial budget tracking and reporting
- Multiple office locations
- Departmental reporting
- Standard journal entries
- On line inquiry
- Year-to-date ledger
- Trial balance by account
- User-defined chart of accounts
- Profit center accounting
- Direct integration with LMS+ Accounts Payable and Time &
Billing Systems
- Multiple currency
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- Timely financial statements
- Accurate posting from Accounts Payable
- Reduced administrative posting procedures
- Concise financial analysis management
- Reduced accounting fees
- Improved financial analysis of practice
- Integrated with graphical reporting
- Profitability planning and analysis
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