Because it is the heart of the accounting system, into which all other accounting activities flow, the general ledger system your business chooses must be powerful and informative, yet easy to implement and use.

The adaptable design of the Sage MAS 90 and Sage MAS 200 General Ledger module allows you to use your current chart of accounts, making implementation easy and quick. You can maintain the same account title and numbering scheme to which you are accustomed. The General Ledger Data Exchange feature imports and/or exports the chart of accounts, budgets and transaction data directly from or to an external file. This feature even allows you to transfer general ledger postings from one company location to another, or use a spreadsheet application to work on a budget. General Ledger uses the familiar, simple-to-operate Windows format.

The ease of use and powerful attributes of the General Ledger module streamline all bookkeeping and accounting transactions, and the resulting reports provide important business insights. Sage MAS 90 and Sage MAS 200 General Ledger offers virtually unlimited financial reporting capabilities. These financial statements, supporting schedules and associated reports are critical for timely decision-making. The General Ledger module simplifies divisional/departmental reporting and consolidated income statement printing within a standard, predefined set of financial statements and report formats. It also provides a powerful, easy-to-use custom financial reporting capability.

General Ledger has many powerful features to help you efficiently manage your general ledger, including flexible accounting periods, multi-company consolidation, the ability to maintain non-financial information, comprehensive search criteria, easy account number merge and renumbering, allocation entries, and the ability to view information in the form of bar charts or graphs. General Ledger offers many ways to help you easily complete the myriad and complex general ledger tasks, including integration with all other Sage MAS 90 and Sage MAS 200 modules to provide comprehensive business management and vital insight into your financial condition.

Complete Audit Trail

A complete audit trail of detail activity is provided by printing reports and registers before posting of the permanent files. A unique batch number is assigned to each register, and this batch is posted to the General Ledger, leaving a detailed audit trail. Detailed postings can be retained for the entire year or purged periodically.

Automatically post an amount from a single-source account to multiple destination accounts by using allocation entries. Calculate the amount to be posted to each of the destination accounts based on a percentage allocation or on quantity, such as head count or square footage.

Standard income statements and balance sheets can be produced automatically in departmental or consolidated form. Include actual budget, budget variance and prior-year information on standard period-to-date and year-to-date income statements.

Up to 999 custom financial reports may be defined, allowing you to meet your exact reporting requirements. Select the type of data to be printed for each column. Consolidate accounts, round dollar amounts, add or delete text, change titles and descriptions, change print positions, control underlines, and print dollar signs and footnotes. Produce multi-company consolidation reports or create custom reports for multiple departments.

Financial Reporting — see the FRx Desktop spec sheet for more details.

Audit changes, deletions or additions to the account masterfile using the Account Masterfile Audit report.