General Ledger

Objective

To provide companies with complete enterprise-wide financial reporting from all aspects of the business to manage corporate performance and monitor the return on investment.

The Value of SYSPRO General Ledger

  • Provides graphical views of actual performance or budgets for quarters and prior years

  • Retains unlimited detail and summary histories

  • Accesses an unlimited number of accounts

  • Drills down into the sub-ledger to find the source of ledger details, including offsetting entries

  • Provides the ability to support European Monetary Unit (EMU) and FASB 52 requirements

  • Maintains currency exchange rate history

  • Allows redefinition of financial year

  • Preview of reports to screen and email capabilities

Matching SYSPRO to your business

  • Defines a 4, 6, 12 or 13 period financial year

  • Maintains up to 10 budgets for each ledger code

  • Produces consolidated financials for multiple companies

  • Defines ledger code groupings

  • Integrates from sub-ledgers in detail or summary specified per module or ledger account

  • Provides password protection of sensitive accounts

  • Multi-period accounting allows 2 years of open periods

  • Imports budgets and journal entries from third party products such as payroll

  • Puts accounts on hold to prevent further postings

  • Maintains standard and recurring journal entries

  • Customizable set of data entry fields that may be viewed in the query

  • Creates and attaches notes to accounts using Notepad

  • Retains foreign currency rates of exchange at transaction level

Integration

  • Integrates with Accounts Payable, Accounts Receivable, Cash Book, Inventory Control, Fixed Assets Register, Return to Vendor and Work in Progress modules
  • Allows user-definable integration of each module
  • Email reports with the Office Automation module

Audit Trails and Reporting

  • Built-in Financial Report Writer with XML support allows unlimited user-defined statements
  • XML support to create reports suitable for viewing directly within a Web browser and publishing to the Internet or intranet
  • Reports are constructed as XML documents which make the content suitable for exchanging data between companies
  • XML reporting allows drill down to General Ledger codes and to Source Document or transactions
  • XML documents are XBRL compliant
  • Print summary or detailed trial balance for any period in the current or previous year
  • Complete audit trails for all transactions are posted to the General Ledger
  • The Global Tax Report consolidates tax transactions from sub-ledgers into a single report
  • Generates multi-currency reporting
  • Period end worksheets assist with auditor's adjustments
© 2002 Syspro. All Rights Reserved. All trademarks are recognized.