Features

• Permits your staff to maintain account information for multiple companies and roll up the data in your required reports.

• Maintains extensive audit trails for all transactions.

• Provides flexible presentations of the four different levels of the organization (companies, divisions, departments, cost centers), allowing users to have responsibility level reporting for expense-to-budget and expense/revenue down to cost center level.

• Provides users the flexibility to open previously closed periods or to open last year, make adjustments, and close and move forward to the current year.

• Allows users to post journal entries to the current period or up to two future periods.

• Supports four types of journal entries: manual, recurring, auto-reversing, and automatic.

• Contains a powerful report generator to provide maximum user control for making report designs.

• Ensures total debits and total credits are always equal. When they are not equal, the system automatically “flags” any potential out-of-balance condition and prevents entry.

• Supports the creation of monthly budget information by account and allows the user to determine the level of data retention at the company, division, department, or cost center level.

• Allows users to run month-end processing without interrupting day-to-day work in Primac® . Jobs can be entered, invoices posted, PO’s issued, inventory received, etc.
  

The General Ledger System provides a user-definable account classification and category code structure. This system is structured for the corporation with multiple companies and divisions.

This user-defined tracking level easily accommodates both small and large companies. The category codes are used in developing financial reports and statements, greatly simplifying report maintenance as General Ledger accounts are added.