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General Ledger Overview

ANSWERS provides you with up to the minute information on the financial position of your company.  ANSWERS supplies quantitative information that provides the critical information for your fiscal planning.

It lets you enter, classify, summarize and report your firm's financial position. The system processes journal entries from applications (Receivables, Order Entry, Payables, etc.) as well as online journal entries.

The results form the basis of a powerful, integrated accounting system with budgeting capabilities and comprehensive reporting flexibility.  Screen displays are available that show the balance of any account on demand instead of waiting until the end of the month.

Journal entry history for each account is available for the year either on a report or screen display.

ANSWERS allows you to format your own financial statements according to your specific needs.  This capability may result in your company having several financial statements for different purposes.

The system provides you with vital information needed for important management decisions on a daily basis instead of at the end of an accounting period.    A daily Business analysis screen provides a snapshot view of critical information at the close of each business day.

With ANSWERS, you get vital information that is critical in making sound management decisions in a timely manner. 

Features:

  • ANSWERS constantly informs you of the financial position of your company.  ANSWERS supplies quantitative information that provides the critical information for your fiscal planning.

  • It lets you enter, classify, summarize and report your firm's financial position. The system processes journal entries from applications (Receivables, Order Entry, Payables, etc.) as well as online journal entries.

  • The results form the basis of a powerful, integrated accounting system with budgeting capabilities and comprehensive reporting flexibility. 

  • Screen displays are available that show the balance of any account on demand instead of waiting until the end of the month.

  • Journal entry history for each account is available for the year either on a report or screen display.

  • The system allows you to format your own financial statements according to your specific needs.  This capability may result in your company having several financial statements for different purposes. 

  • The system provides you with vital information needed for important management decisions on a daily basis instead of at the end of an accounting period.  

  • A daily business analysis screen provides a snapshot view of critical information as of the close of business yesterday.

  • All journals and reports that create or update general ledger journal entries are automatically archived and can be reviewed on screen at the same time as reviewing individual journal entries.

Key General Ledger Features

Daily Business Summary Display

Custom Financial Statements

On-Demand Account Balance and Journal History Displays

Archived Reports Management

View General Ledger Screens