To meet the diverse accounting needs of today’s businesses, Sage PFW offers you a choice between two distinct ledgers; the Standard Ledger and the Premier Ledger. Each provides the essential tools and insights you need for financial analysis and integrates seamlessly with all other Sage PFW modules. With its optional Translations, Inter-Company and Consolidations modules, Premier Ledger provides more extensive functionality and flexibility for financial management.
Standard Ledger
- Uphold GAAP Compliance
- Utilize account numbers of up to 12 characters in length with up to 12 segments
- Benefit from a mask length of 24
- Use multiple transaction types—one actual, three budget and one statistical
- Categorize account segments
- Classify account types (asset, expenses)
- Identify up to 366 accounting periods
- Make use of batch control options
- Define recurring and reversing journal entries
- Maintain multiple earnings accounts
Premier Ledger
All of the capabilities of the Standard Ledger, plus extensive advanced features:
- Utilize account numbers of up to 32 characters with up to 30 segments
- Perform currency revaluation at user-defined intervals
- Use virtually unlimited transaction types—actual, budget and statistical
- Option to allow entry of out-of-balance batches
- Option to post from Edit List
- Provide powerful synergy with the Premier modules
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