Accounting : General Ledger
With Exact Progression's General Ledger (G/L) module, you have a scalable, easy-to-use tool to manage your company's accounting and financial reporting needs. Flexible enough to change with the future needs of your business, Progression's G/L can provide your business with the access to mission-critical data necessary to compete in today's global environment. Easy Maintenance The System Periods File assigns each company a distinct accounting period. The System Account Files enable you to define and store basic information on each of your G/L Chart of Accounts. That information includes multi-company consolidation account, financial statement type, and source and application of funds type. These types are used to generate eleven pre-defined financial ratios for reporting and graphing, making it easier to manage your operation. Flexible Account Formats Exact Progression's Account Format allows you to define the G/L account number to identify main account, sub-accounts or profit centers, and responsibility centers or departments. Set up financial entities in G/L by combining up to 36 different ranges of profit centers and departments. This feature enables you to define specific segments of your business such as sales territories, divisions, and plants for comprehensive financial reporting. You can then run reports for each individual entity.
With Exact Progression's General Ledger (G/L) module, you have a scalable, easy-to-use tool to manage your company's accounting and financial reporting needs. Flexible enough to change with the future needs of your business, Progression's G/L can provide your business with the access to mission-critical data necessary to compete in today's global environment.
Easy Maintenance
The System Periods File assigns each company a distinct accounting period. The System Account Files enable you to define and store basic information on each of your G/L Chart of Accounts. That information includes multi-company consolidation account, financial statement type, and source and application of funds type. These types are used to generate eleven pre-defined financial ratios for reporting and graphing, making it easier to manage your operation.
Flexible Account Formats
Exact Progression's Account Format allows you to define the G/L account number to identify main account, sub-accounts or profit centers, and responsibility centers or departments. Set up financial entities in G/L by combining up to 36 different ranges of profit centers and departments. This feature enables you to define specific segments of your business such as sales territories, divisions, and plants for comprehensive financial reporting. You can then run reports for each individual entity.
Journal Transactions include line-item source and reference fields, making tracking detailed information quick and easy.
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