General Ledger

Because all invoices are tracked in the general ledger by job, TEAM-DESIGN! allows users to identify and reconcile late costs. It will identify jobs that still have a balance in work-in-process and show a proper reflection of sales.

• Supports last year, this year, and next year budgets
• Maintains instant on-line access to two years of financial information
• Displays all transactions related to projects at any time
• Prints financial statements for any period within two fiscal years at any time
• Does not require closing a period before financial reports become available
• Allows extremely rapid WIP (work-in process) reconciliation by job
• Posts journals in detail or summary
• Prints a twelve period profit and loss statement and balance sheet
• Automatic carry forward of prior period adjustments
• Dealer service fee commission which records entries without distorting your P&L