The General Ledger (GL) is the primary accounting record for a business. It tracks all financial transactions and is used to generate the company’s financial statements, including the Income Statement and Balance Sheet. The GL summarizes the organization’s various financial accounts and transactions, such as accounts receivable, accounts payable, fixed assets, and inventory.
Bring your financial information together in General Ledger (GL) module. Fully integrated with the rest of the Excss, the GL system gives instant access to mission-critical financial data with comprehensive and flexible reporting and analysis of ledger accounts, income, expenses, and assets.
Define the structure of your GL system accounts and sub-accounts. Organize your reporting and analysis configuration by defining segments, segment lengths, and segment values.
Distribute GL account balances over multiple accounts and sub-accounts based on predefined allocation rules based on percentages, quantities,
or statistical data, or proportional to other account balances. Create and run multiple subsequent allocation templates.
Create recurring income and expense transactions based on specific schedules and time periods. Design templates with expiration dates, execution limits, and custom execution schedules.
Split transaction amounts to transfer portions to other accounts, subaccounts, or branches.
Design financial statements using sub-account segment structure and configured hierarchy. Publish reports on the web or distribute as Excel or PDF files.
Industries
Wholesale Distribution
Retail
Manufacturing
Food & Beverage Distribution
