The General Ledger module is an especially powerful module.
Allowing up to 8000 accounts in the Chart of Accounts, each with up to 99 departments, it
maintains current financial information, as well as transaction history for up to two
fiscal years and budget information for the current, prior and next year. Information from
multiple companies can be combined into a single consolidation company for financial
reports. With the Sage BusinessWorks General Ledger module, accurate financial statements can
be produced at any time. The General Ledger also organizes the financial information from
the other Sage BusinessWorks modules for financial statements and reports.
General Features
- Maintains complete audit trails of all transactions and adjustments
made to transactions
- Includes more than 35 modifiable, industry-specific, sample charts of
accounts that can be used to save time when setting up the general ledger
- Provides inquiry capability to examine account status, balance
history, budgets and transactions. Additionally the inquiry option in the general ledger
can drill to the source of the original posting
- Allows quick location of accounts within the chart of accounts with a
search feature
- Account information and journal entries can be imported from a text
file
- General Ledger account information can be exported using over 30
different formats including Lotus 1-2-3®, dBASE, Comma-Separated Variable,
ASCII, Access, Excel, Word, Word Perfect, Quattro Pro and many others
- Journal entries can be exported in a .CSV format
- Integrates with all Sage BusinessWorks modules and many third party
products
Maintenance Features
- Provides consolidation of multiple companies' general ledger data to
create a consolidated financial statement
- Allows departmentalized accounting with up to 99 departments
- Allows the renaming and renumbering of an account number in the chart
of accounts
- New accounts can be added "on the fly" during journal entry
- Departmental account duplication feature lets you add accounts
quickly
Budgets
- Allows full-year budgeting by month, year or percentage for the
prior, current and next fiscal year
- Tracks budget history for up to nine fiscal years
- Automatically calculates account budgets for the prior, current or
next fiscal year, based upon prior or current year actuals as well as budgets from other
periods
Journals
- Provides five standard and four special journals for custom use
- Allows three-line description field for journal entries
- Allows editing of journal entries (description and voucher reference)
after posting
- Recurring journal entries can be maintained to save data entry time
- Allows batch posting for recurring entries
- General ledger won't accept out-of-balance entries
- Allows authorized users to void transactions
- Provides a solid audit trail by including the system date as well as
posting date for journal entries
- Journal entries can be imported and exported via text files
Reporting Capabilities
- Most reports can be sorted or printed by department
- Allows for customization of financial statements including section
headings, page breaks, font styles, sizes and colors.
- Allows subtotaling and consolidation accounts for custom financial
statements
- Flexible financial statement setup includes period selection, rounded
dollar amounts, customized notes, etc.
- Produces monthly, quarterly, yearly and date range (eg., weekly,
semi-monthly, etc.) income statements
- Can print date sensitive balance sheets (as of a certain day in a
month)
- Allows a date range selection for the trial balance
- Flash report provides quick overall view of financial strength with
various financial ratios (e.g., current ratio, acid test, etc.)
 |
 |
- Income Statement
- Comparative Income Statement
- Budget Variance Income Statement
- Budgets-only (proforma) Income Statement
- Balance Sheet
- Comparative Balance Sheet
- Statement of Cash Flow
- Trial Balance (General Ledger)
- Summary Trial Balance
- Working Trial Balance
- Journal Detail Report
- G/L Distribution Report (Summarized Journal Report)
- Journal Entry Batch Report
- Account Detail Report
- Chart of Accounts
- Budgets Worksheet
- Account Balances
- Account Budgets
- Departmental Budget Report
- List of Departments
- List of Recurring Journal Entries
- Flash Report (summary report of financial ratios and
historical information)
- Graphical Report - Quick & Current Ratios
- Graphical Report - Cash & A/R to Assets
- Graphical Report - Profit
- Graphical Report - Revenue
- Graphical Report - Expenses
- Graphical Report - Balance Sheet
- Graphical Report - Income Statement
- Custom Reports
- Report Groups
|
|
| Maximum
number of accounts |
8,000 |
| Maximum
number of departmental accounts |
792,000 |
| Maximum
account balance |
$999,999,999.99 |
| Maximum
number of digits in account number |
6 |
| Number
of characters in account description |
30 |
| Number
of account types |
14 |
| Maximum
number of departments |
99 |
| Maximum
number of monthly journal entries |
Unlimited |
| Maximum
number of recurring journal entries |
Unlimited |
| Number
of journals available |
9 |
| Maximum
number of lines in journal entry |
999 |
| Maximum
number of lines in a recurring journal entry |
30 |
| Maximum
journal entry amount |
$9,999,999.99 |
| Maximum
number of fiscal years journal detail is maintained |
9 |
| Maximum
number of fiscal years balances are maintained |
9 |
| Maximum
number of subsidiary companies |
99 |
| Maximum
number of months to post into the past |
24 |
| Maximum
number of months to post into the future |
12 |
| Maximum number of months to post into the
future |
1 |
Overview | Accounts Payable | Accounts Receivable | Inventory Control & Purchasing |
Order Entry | Payroll | Job Cost | Mailing Labels | Version 11.0 Enhancements
System Requirements | Price
List|
Main Page, Sage BusinessWorks Product Description
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