The General Ledger module does the following:
Account numbers can be any combination of accounts, departments and cost centres up to sixteen digits. The system stores monthly closing balances for each account for the current and prior two years and stores the following budget figures: current year original, current year revised, last year’s and next year’s.
Journal entry processing lets you create, change, delete or post a batch of entries. You can:
An Account Transactions inquiry lets you ‘drill down’ to the related batch (including source posting detail). The Financial Statements Inquiry displays financial statement information for prior, current and future months, and also lets you ‘drill down’ to the batch level. The Account Inquiry shows balances for the current and the last two years.
You can generate income statements by company, by department or by cost centre, and can compare actual figures to budget or prior year amounts. A 12-month income statement shows figures for all 12 months on one page and forecasts year-end profit or loss.
A flexible Statement Formatter lets you create your own financial statements and schedules by defining each line on the statement.
The multiple-company consolidation feature lets you make inter-company journal entries before you print consolidated statements. You can also create consolidated statements through the Statement Formatter.
The General Ledger module integrates with all other AIMS modules.