General Ledger

The General Ledger is the heart of any accounting system where all accounting transactions are recorded, summarized and posted. The CYMA IV General Ledger provides advanced tools to manage the continuing entry and reporting of your financial transactions. Featuring detailed audit trails, extensive budgeting capability, a 24-character account number and complete date sensitivity, this powerful module is designed to meet the needs of a wide variety of businesses.

CYMA General Ledger features:

• User defined Account number 24 digit alphanumeric characters and 10 user-defined segments
• Quick Chart of Accounts
• Custom Fields designer allows for over 100 custom fields for data tracking
• Multiple retained earnings accounts
• Complete Date Sensitivity
• Multi-department consolidations through account segment naming
• Copy Accounts for simplified company set up
• Automatic deletion of inactive accounts
• On-the-fly creation of accounts during journal entry
• 13 prior periods
• 13 budgets per account with original or revised budgets
• Unlimited historical years
• “Memo“ account types store non-financial GL data
• Budget Control/Encumbrance Feature - Prohibit or warn on the entry of Purchase Orders that result in an over-budget condition.
• Fully integrated budget upload from spreadsheet program
• Consolidated General Ledger - Once enabled, you may select to consolidate in ”summary“ or ”detail“ and choose the destination company for the consolidated entries. Each GL account is then assigned a ”parent“ company GL account. The parent company may have a different account structure and multiple ”child“ accounts may map to the same ”parent“ company account.
  • Standard CYMA reports, including financial statements (and F9) may be run against the data set.
  • Supports unlimited levels of consolidation.
• Unlimited user defined journals for transaction entry, with 6 alphanumeric characters for ID's
• Transactions entered in batches providing greater control of entry editing and posting
• Recurring entries, allocated entries and automatic reversing entries
• Transaction drill down
• Post subsidiary modules to user selected GL
• Un-Post GL entry batches
• System generated end-of-year closing entries
• Import from other systems via a CSV file
• Grant Tracking added to NFP General Ledger. Grants can be tracked through transactions entered in AP, PR, AR, PO and GL. You can track information regarding Funding Source, Core Object Expense, Programs and Activities. There is a capability to track Actions on the Grant to keep track of meetings, phone calls, etc. Grants can be budgeted by Funding Source, Core Object Expense, Programs and Activities. There is a tab on the Maintain Grant dialog to see the Financial Overview at a glance. Sixteen reports have been added to the GL module to help you analyze the data.
• Cross year and period reporting
• Third party fixed asset export files can be imported into CYMAIV to create Depreciation Journal Entries
• When closing the GL year the system checks the AP and AR modules to make sure they are past the date of closings
• Time and date stamps to all income and balance sheets