General Ledger

The heart of UA accounting / financial system is one of the most powerful and flexible general ledgers on the market. UA supports unlimited account segmentation for detailed reporting by an unlimited number of divisions or departments. Create unlimited journals, budgets, and fiscal periods. Use the Setup Wizard to quickly and accurately set up the chart of accounts. UA includes several business chart of account templates specifically designed for the entire spectrum of businesses or create your own. Additional system setup defaults ensure precise data posting. Post transactions individually or by batches. Use the GL Control Panel to find and correct discrepancies before information is posted. Establish clear audit trails throughout the system. Add new GL accounts from anywhere within UA Business Software with the Quick Add Feature.  The General Ledger reports have a drill down feature that allows you to drill down to the source document for the entry in questions.

Additional functionality includes full detail or basic financial statement options, extended reporting capabilities including seven separate financial statements, full detail two-column views, plus optional budget-to-actual variance column on the income statement. Includes nine-column income statement by department or segment. Reports include both subtotals and group totals. Distribute revenues and expenses among groups of accounts with the allocation function. Import journal entries from nearly any data source, which is useful for integration with other software packages, conversion from other software packages, and for creation of journal entries from external sources like MS Excel.

Features

Create and Maintain Journals
Create Import Journals
Create Sub-System Journals
Edit and Validate Journals
Post Validated Journals
GL Control Panel
General Ledger Account Allocations
Open/Close Periods and Years
Period Accruals
General Ledge Account Management
General Ledger Data Analysis
Quick Add general ledger Accounts
Financial Report Writer
Financial Report Definition Analysis
Financial Report Export to Microsoft Excel

Reports

Account Activity Comparison
Chart of Accounts
Balance Sheet
Balance Sheet Detail
Income Statement By Segments
Income Statement
Income Statement - Detail
Income Statement Comparison
Income Statement Comparison - Detail
Journal Distributions
Trial Balance
Trial Balance - Working
Trial Balance - Activity
General Ledger Report Wizard