General Ledger forms the backbone of the accounting system. It receives information from all functions that affect the accounting process including Accounts Receivable, Accounts Payable, Payroll, Inventory and Service Receivables. You also can make entries directly into the General Ledger for cash, checks, deposits, journal transactions, and recurring transactions.
The General Ledger supports up to 10-digit account numbers. True subsidiary ledgers are maintained so that data entry is simplified, with lookup windows for each controlling account.
All 12 accounting periods for the year as well as the 12th period of the prior year are available for posting, and you may control posting to any period. Entries made to the prior year will automatically update the prior year archive ending balances as well as the current year beginning balance.
You can print custom financials and multi-company financials as well as standard accounting reports at any time for any period. A bulletproof audit trail creates a secure system from accounting to job costs, complete with automatic auditing of all stored balances back to their original entries.
The easy-to-use Check Reconciliation feature makes reconciling to your bank statement a simple process for any number of checking or savings accounts.
General Ledger Reports
Take advantage of the report drill-down capability to navigate to the numbers and background detail behind the scene. You can also update the information in real time for accurate, up-to-the minute analysis.
Take the "pulse" of your business at any moment with these informative reports. All Sage 100 Contractor reports can be customized for your specific needs.