The General Ledger is an vital part of your accounting system. Tencia’s General ledger offers real time data and is fully integrated which is fundamental to ensuring the integrity and accuracy of your financial information.
General Ledger features include:
- Account segmentation is user defined.
- Drill down to the original journal entry for transaction history.
- The General Ledger will be automatically updated immediately after a transaction is entered giving you up to the minute information.
- Automatically generate accrual reversal journals in future periods.
- Automatic processing of standing journals.
- Flag accounts that should not be posted to but retain them in the system for historical and reporting purposes.
- Seamless access to Microsoft Excel for easy analysis.
- Copy existing charts of accounts to different sub accounts or cost centres.
- Select date ranges to print transactions for a specific period.
- Actual, budget and last year comparisons by period and year.
- Quantities can be included on Accounts and in financial reports.
- Inter company journals
- Set up accounts to perform dissections to other accounts.
- Standard reports can be generated or the Tencia report designer can be used to custom build reports.
- Search for General Ledger accounts by description.
- Easily drill down into the subsidiary ledger postings.
- Have up to 13 periods in a financial year.
- Multi-company
- Report generation of financial reports for current, historic and future periods, up until the end of the next financial year.
- Post journal entries to any period, current or previous years.
General Ledger reports:
- Chart of Accounts listing
- Transaction listing
- Profit and Loss statement
- Balance Sheet report
- Budget listing
- General Ledger report
- Other Ledger report
- Funds Flow Statement
- Periodic Profit and Loss
- Trial balance listing