The General Ledger system has been designed to handle the bookkeeping
requirements of municipalities. The system handles everything from the
entry of the transactions to the printing of financial statements. The
system provides for fund accounting and can even handle encumbrance accounting,
if the ACS Purchase Order system is installed. If the ACS Check Book System
is installed, all checks and deposits can be automatically posted at month
end. All inter-fund transfers can also be recorded.
Highlights
Any chart of accounts
Unlimited number of accounts and transactions
Multiple companies
Multiple departments or funds
Multiple financial statement designs
Calendar year or fiscal year reporting
Prior year comparisons
Prior period adjustments
Reprinting of prior period financial statements for two years
Manual or reoccurring adjusting entries
Budget comparisons
Retention of transactions for full year
Reprinting of prior month trial balance
User selected order for automatic processing
Bank reconciliation features
Automatic year end closing
File inquiry options
Automatic posting from all other ACS applications
Search features on all entry and inquiry screens
Transactions from other systems can be retained in holding files until
approved by general ledger operator
ASCII files can be created for transferring to spread sheets or word
processing.
All reports can be reviewed on screen before printing