General Ledger

Objective - To maintain a detailed record of the company's fixed assets by recording depreciation and current asset values, in addition to providing a facility to evaluate remaining usefulness by tracking expenditures incurred or income derived from assets.

• The Value of SYSPRO General Ledger
  • Provides graphical views of actual performance or budgets for quarters and prior years
  • Retains unlimited detail and summary histories
  • Accesses an unlimited number of accounts
  • Drills down into the sub-ledger to find the source of ledger details, including offsetting entries
  • Provides the ability to support European Monetary Unit (EMU) and FASB 52 requirements
  • Maintains currency exchange rate history
  • Allows redefinition of financial year
  • Preview of reports to screen and e-mail capabilities
• Matching SYSPRO to Your Business
  • Defines a 4, 6, 12 or 13 period financial year
  • Maintains up to 10 budgets for each ledger code
  • Produces consolidated financials for multiple companies
  • Defines ledger code groupings
  • Integrates from sub-ledgers in detail or summary specified per module or ledger account
  • Provides password protection of sensitive accounts
  • Multi-period accounting allows 2 years of open periods
  • Imports budgets and journal entries from third party products such as payroll
  • Puts accounts on hold to prevent further postings
  • Maintains standard and recurring journal entries
  • Customizable set of data entry fields that may be viewed in the query
  • Creates and attaches notes to accounts using Notepad
  • Retains foreign currency rates of exchange at transaction level
• Audit Trails and Reporting
  • Built in Financial Report Writer, with XML support, allows unlimited user-defined statements
  • XML support to create reports suitable for viewing directly within a Web browser and publishing to the Internet or intranet
  • Reports are constructed as XML documents, which make the content suitable for exchanging data between companies
  • XML reporting allow drill down to General Ledger codes and to Source Document or transactions
  • XML documents are XBRL compliant
  • Print summary or detailed trial balance for any period in the current or previous year
  • Complete audit trails for all transactions are posted to the General Ledger
  • The Global Tax Report consolidates tax transactions from sub-ledgers into a single report
  • Generates multi-currency reporting
  • Period-end worksheets assist with auditor's adjustments
• Integration
  • Integrates with Accounts Payable, Accounts Receivable, Cash Book, Inventory Control, Fixed Assets, Return to Vendor, and Work in Progress modules
  • Allows user-definable integration of each module
  • E-mail reports with the Office Automation module