Text Box: General Ledger

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Text Box: Application Overview The INTERAC General Ledger System (GL) is a flexible, multi-company package that provides for comprehensive,         specialized financial reporting including consolidated and comparative financial statements.  Special features include: · User-defined accounting periods, including 13-period accounting. · Up to an eleven-digit account number, including allowance for 1, 2, or 3-digit suffix. · Flexible report design for virtually any report or financial statement. · Handles consolidations of companies. · Accounts can contain dollars or units. · Allows entry of recurring journal entries. · Detailed audit trail from other INTERAC applications. · Full on-screen history inquiry available. · Prints Current Ledger, YTD Ledger, Trial Balance, and Working Trial Balance. · Easily handles prior-period adjustments. · Financial reporting for comparative, budget, variances, or ratio information. · User-defined history files. · Interfaces with the Document Management System for easy storage, retrieval, and e-mailing of financial reports. · Accesses all features through convenient menus. · All reports may be previewed on screen for immediate inquiry, printed,  or saved for later use. · Interfaces with INTERAC Accounts Receivable, Accounts Payable, Equipment Cost, Fixed Asset Management,      Job Cost, Payroll, Inventory, Time & Billing, Service Billing, Order Processing, Job Billing, Document Management      System, and Cash Manager.

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