The General Ledger module maintains all transactional information on your company. Each time an entry is posted in a module, the detail also posts to the General Ledger. The General Ledger module allows you to keep track of your overall accounting operations.
The Balance Sheet and Income Statement templates are maintained here. You may print journals, trial balances (in either detail or summary form), Balance Sheets, Income Statements and Statements of Cash Flow. Use this module to create your Chart of Accounts, enter opening balances and budget information. Reversing and adjusting journal entries are created in this option.