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Account balances are maintained on perpetual basis, detail can be summarized and removed.
Supports Fiscal and Calendar Years, 13th Period is provided for End of Year entries.
Accounts can be created in hierarchy with automatic summarization in higher level accounts.
Default Accounts can be preset in one convenient location
General Journal Entries can be associated with projects/activities
Account analysis shows underlying transactions with links to invoices, payments and inventory
Provides Income Statement, Balance Sheet and Flow of Funds statements
Account and Financial Statement search masks allow Profit Center/Equity Center Reporting.
Supports Reconciliation of Checking/Credit Accounts
Individual Journals for analyzing Sales, Purchases, Receipts,
Payments, Inventory Movement, etc.
Check Register Views of Payments Journal
New Journals may be created and managed with New Journal Entry
Screen
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