General Ledger

The general ledger is the cornerstone of your company's financial records. It constitutes your company's central books, and every transaction flows through it. Moreover, the general ledger documents all financial transactions since your company's inception.

But the key to maintaining—and wisely leveraging—your general ledger is having complete, drill-down capability in real time. With NetSuite for wholesale distributors, every transaction gets updated instantly. Moreover, you can find each transaction, no matter how far back, with the click of a button.

Benefits:

• Understand how today's number stack up, enabling you to make better, smarter decisions tomorrow.
• Find any transaction at anytime—as well as detailed information related to each transaction—enabling you to keep a well-maintained, highly accurate general ledger.
• Be assured of accurate, real-time financial data and history within the general ledger, leading to more streamlined back-office operations.

Features:

• Comparative reporting lets you view this month's numbers versus last month's in order to spot new trends, the seasonality of goods, and revenue increases or decreases.
• Create key financial reports, profit and loss statements, and balance sheets according to location, department, and class.
• Export your financial data to Excel, or other financial programs such as Crystal Reports, via ODBC.