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
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Provides graphical views of actual performance or budgets for quarters and prior years
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Retains unlimited detail and summary histories
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Accesses an unlimited number of accounts
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Drills down into the sub-ledger to find the source of ledger details, including offsetting entries
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Provides the ability to support European Monetary Unit (EMU) and FASB 52 requirements
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Maintains currency exchange rate history
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Allows redefinition of financial year
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Preview of reports to screen and email capabilities
Matching SYSPRO to your business
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Defines a 4, 6, 12 or 13 period financial year
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Maintains up to 10 budgets for each ledger code
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Produces consolidated financials for multiple companies
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Defines ledger code groupings
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Integrates from sub-ledgers in detail or summary specified per module or ledger account
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Provides password protection of sensitive accounts
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Multi-period accounting allows 2 years of open periods
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Imports budgets and journal entries from third party products such as payroll
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Puts accounts on hold to prevent further postings
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Maintains standard and recurring journal entries
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Customizable set of data entry fields that may be viewed in the query
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Creates and attaches notes to accounts using Notepad
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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