The Encompix General Ledger module provides the integration and functionality needed to store, retrieve, post and analyze all financial aspects of the business. Establishment of a Chart of Accounts lays the foundation for reporting on the company's success. Integration to the Accounts Receivable, Accounts Payable and Payroll modules allows for automatic transferring of journal entries. Make manual entries or adjustments as well as set up recurring entries. The interactive capabilities of the system ensure that all transactions generated from related modules are recorded in the appropriate journal in a timely manner. Therefore, when displaying or printing a journal or ledger account, the most current information is being displayed.
Encompix's Financial Statement Report Generator can create virtually an unlimited number of custom income statements, balance sheets and expense reports. Select information to display to the screen or printer, with extensive report selection options.
Features
Chart of Accounts maintenance, allowing separate creation of departments and profit centers
On-line Journal Maintenance and inquiry with single screen access to account summary, posted order, project or journal reversing records
Ability to drill-down from the ledger summary to detailed transactions
Prior year adjustments with the balance forward properly adjusted
Report output to the screen, printer or spreadsheets for any year or period on file
Posting of journal entries in any period of the current year or the next G/L year
Reversing entries that automatically generate a reversal in the following period, even if in the following year
Financial Statement Report Generator for custom-designed income statements, balance sheets and expense reports
Budgets for any account and year
Provides four user defined reporting codes by account for additional detailed analysis
