General Ledger

The BIS General Ledger module allows you to use the BIS teal-time advantage to its fullest potential. All transactions entered automatically update the General Ledger Journals, Worksheets, Statements, Job Costs and Ledgers. The BIS Financial Statements allow you to build a flexible Chart of Accounts, and generate every report you need!

General Ledger Features:

• Entries automatically update General Ledger Journals, Worksheets, Statements, General Ledger, Job Cost and Subcontract files
• Up-to-the minute financial information at any time. No more waiting until the end of the month for a financial statement
• All transactions in other modules are automatically posted to General Ledger through the BIS one button accounting feature
• Changes to transactions automatically produce reversing entries for perfect audit trails
• No need to run separate sorting or posting routines
• Expenses may be distributed to Job Cost Labor, Material, Subcontract or Other Direct Costs
• Flexible chart of accounts for easy tailoring to your unique business needs
• Chart of accounts is presented and manipulated in a visual tree-like structure
• Option to create your own chart of accounts or add accounts
• Separate journals for each control account (such as cash accounts)
• Separate income accounts so that sources of revenue can be quickly identified and analyzed
• Account numbers may be up to ten digits in length. Also provides forty character description field
• Can maintain 24-month detail transaction history for every transaction you enter

BIS Professional and Enterprise Features:

• Handles over 10,000 departments
• Multiple company accounting
• Recurring Journal Entries
• User Definable Fields

General Ledger Reports:

• Chart of Accounts List Summary or Detail
• Chart of Accounts Budget
• Chart of Accounts Tree Structure
• Chart of Accounts Departments
• General Journal (Journal Entries) Summary, Detail or Extended
• Recurring Journal Entries Groups Summary or Detail
• Recurring Journal Entries Summary, Detail or Extended
• Trial Balance Summary or Detail Financial Statements – Balance Sheet and Income Statement
• Financial Statements – Prior Year Comparatives
• Financial Statements – By Department
• Financial Statements – Multi-Company Consolidation (BIS Professional and Enterprise)
• Schedules to Financial Statements
• Statements of Cash Flow
• Financial Ratios - Current Ratio (BIS Professional and Enterprise)
• Financial Ratios -Quick Ratio (BIS Professional and Enterprise)
• Financial Ratios -Inventory Turnover (BIS Professional and Enterprise)
• Comparative Period Accounts
• Cash Disbursements Journal Summary Detail or Extended
• Cash Receipts Journal Summary or Detail
• General Ledger Summary, Detail, Journals or Extended
• Check Register
• Check List Detail or Extended
• Cash Receipts List
• General Ledger Activity by Report Code (Sub Ledger) Detail or Extended
• General Ledger Activity by Job
• and more...