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General Ledger

part of the ABS Accounting System product line, by ABS--American Business Systems, Inc.

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ABS General Ledger automates financial reporting and provides information you can use to monitor profitability company wide.

The G/L module includes a powerful, built-in report writer so you can custom design reports. G/L can be used as a standalone solutuion, or you can interface it with ABS Accounts Receivable, Accounts Payable, Payroll and Currency Conversion.

Key features include:

  • Quick transaction processing
  • Monitor financials in multiple companies, departments, and profit centers
  • Allocates expenses to multiple accounts
  • Drill-down to line item detail of transactions created in other ABS modules
  • Supports control and statistical accounts
  • Able to keep data open for multiple years
  • Handles this/last/next year budgets
  • Prepares consolidating and consolidated reports
  • Supports up to 999 user-defined reports, plus 99journals
  • Ability to display all reports

An optional Currency Conversion P.E.P. Pack makes it easy to record and report data in any foreign currency.

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