General Ledger

The General Ledger software encompasses the financial elements of the suite for each entity defined within the Legal Accounting software as well as other entities that can be defined independently within the module.

The system is designed to meet the needs for both Management and Annual reporting and feature a user modifiable master chart of accounts that is used to build a specific client’s (entity) chart of accounts. Each account code allows for a maximum size of 7 characters and is categorised in different chart types depicting how the chart functions in standard reports.

The system allows for:

  • Budgets
  • Data Entry / Processing allows the entry of transactions
  • Journals, cash receipts and payments
  • Variable percentage figures
  • Automatic journal posting from other software
  • Consolidations
  • Departments
  • Periodic accounting
  • Fixed asset system
  • File export

REPORTS

  • Audit trails
  • General Ledger
  • Trial balance
  • Plant register / Depreciation schedule
  • Final reports