| The General Ledger gives you a complete view of all
accounting data affecting the financial position of your company. It
consolidates all data entered from the other modules, transactions entered
directly into the GL, and data interfaced from third-party sources into a
single "Accounting Transaction Journal" from which, a myriad of financial
reports may be generated. Get a bird's-eye view of your business'
financial standing, or drill down to see the complete
transaction-by-transaction detail encapsulated by summary reports.
Every business requires a full set of financial statements --
period-by-period, complete, accurate, and in a standardized format. The
SoftSand General Ledger delivers the reports both requested and required by
your company's officers, investors, and directors. |
|
The Flow of Data
 | As mentioned above, most of the data utilized by the General Ledger
originates from the other SoftSand modules or from third-party sources. Transactions entered from the other accounting modules are natively stored in
the Accounting Transaction Journal. It is always current and never needs
to be transferred, updated, or interfaced. |
| Transactions originating from other sources must, however, be imported or
"interfaced" into the GL module. This is made easy through an "inbox"
interface technique. Interface files produced by other sources are
placed into an "inbox directory" and picked up by the GL the next time the
interface step is run. The GL automatically identifies the type of
interface file, and imports it appropriately. |
| Other transactions may be entered directly into the GL as balanced journal
entries. This is done through the "Add JEs and Adjustments" screen.
Recurring transactions may be saved as "Recurring JE Templates" for use again
and again. |
Other Noteworthy Features
| The Accounting Transaction Journal may easily be viewed, queried,
exported, or printed in a number of different ways under a variety of
conditions. |
| Starting adjustments are easily generated from a "Balance Sheet Wizard".
Simply enter the account balances from any valid balance sheet, click "Post",
and all necessary adjusting entries will be automatically generated in order
to start the accounting cycle. |
| Period closing is also made easy from a step-by-step "Period Closing
Wizard". |
| Easily re-open closed periods as necessary to add new adjusting
transactions. Then, re-run the period closing step to re-generate
closing balances. |
Summary of Reports
| Departmentalized Profit and Loss Statement |
| Consolidated Balance Sheet |
| Account Balance Calculation Detail (Balance Review) |
| Trial Balance Worksheet |
| Trial Balance Report |
| Journal Entry Detail |
| Bank Reconciliation Worksheet |
 
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