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Finance |
| General
Ledger |
The heart of
any accounting system, either manual
or computerized, is the General Ledger
system. In simple terms, it is the
central location in which all bookkeeping
and accounting transactions are received
(posted), summarized (totaled by account)
and processed (adjusted and balanced),
resulting in informative financial
statements. The financial statements,
supporting schedules and associated
reports generated by a General Ledger
system are critical for timely decision
making; therefore, it is imperative
that a General Ledger system be powerful,
flexible and informative to management,
yet still be easy to use and operate.
The ACTION General
Ledger is the highly flexible core
of all ACTION financial accounting
applications. Using thi Application,
you establish your chart of accounts
tailored to the way your business
operates. Then you can post accounting
transactions, process, summarize,
report, and close your books smoothly
each month, quarter, and year. A record
is kept of all your financial data,
providing you with timely business
information and the assurance that
a complete audit trail is beneath
your business transactions. With ACTION
Finance, you'll be able to capture
and analyze vital business information
so you know where you've been, and
be able to chart where you're going.
| Functions
and features |
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Bank
reconciliation |
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Extensive
on-line inquiries including: |
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Graphs
& trend analysis |
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Accounts,
balances and budgets |
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Account
history, all journal entries |
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Budget
comparisons with percent
variations |
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Net
profit or loss |
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Multi-line
journal entry descriptions |
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Powerful
built-in report generator for
a wide variety of financial statements,
reports and schedules |
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Reverse
entry capabilities |
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Check
printing directly from General
Ledger |
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Definition
of standard formats for recurring
entries |
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Generation
of standard closing entries at
year end including retained earnings
adjustments |
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Detailed
history of current and previous
years |
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Optional
journal printing for closed periods
including previous years |
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Easy
budget preparation and budget
revisions up to 3 budget levels |
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