General Ledger

The General Ledger module is the foundation of your accounting system, with flexibility that meets the current and future financial management requirements of organizations of all types and sizes. It provides a robust feature set designed to handle your most demanding budgeting and processing needs. General Ledger fully integrates with all modules and is the key to maximizing the efficiency and accuracy of your financial data.

Module Highlights

  • Integrate powerful financial diagnostic and strategic analysis tools through Sage ERP Accpac CFO.
  • Create alphanumeric account numbers as long as 45 characters.
  • Flag General Ledger accounts as inactive to stop using them, but retain them in the system for historical and reporting purposes.
  • Maintain separate periods for adjusting and closing entries.
  • Assign different retained earnings accounts to different account segments.
  • Set up and schedule recurring journal entries for transactions that are processed on a regular basis.
  • Lock budgets to prevent unauthorized changes.
  • Limit the batches shown in the Batch List window to only those from a single subledger.
  • Automatically create budgets using prior-year information or choose from seven other computation methods.
  • Create analytical reports, spread sheets, graphs, and charts, and update budgets automatically through full integration with Microsoft Excel.
  • Produce fast, flexible, customized financial statements through full integration with Microsoft Excel.
  • Print consolidated statements or statements for any accounting division represented by an account number segment code.

G/L Security

Included with the General Ledger module, the G/L Security module enables organizations to control which users can view or use certain general ledger accounts based on segment validation in G/L Security settings.

Module Highlights

  • Control access to any account in your general ledger by segment. This allows you to limit user activity to a prescribed set of accounts, blocking sensitive or confidential accounts from being seen or changed.
  • Tailor access to accounts for each Sage ERP Accpac user or group of users
  • Set access rights for single or multi-segment validation or for single or multiple account validation
  • Restrict users from viewing batches containing accounts from which they are prohibited

G/L Consolidations

G/L Consolidations lets you transfer and merge General Ledger account and transaction information between separate company and branch office locations. It is also designed to enable subsidiaries and holding companies to run without being on the same network or accounting database. G/L Consolidations provides a feature set that allows your company to define the level of detail to consolidate and provides a comprehensive audit trail. The system is available in two versions: a full version for the head office and a remote-sites version for branch offices.

Module Highlights

  • Consolidate multiple general ledgers by transactions, net period changes, or account balances.
  • Consolidate general ledgers with differing fiscal years and fiscal periods, and with different account structures by using a mapping table.
  • Include budgets for a range of years in the consolidated company.
  • Maintain a separate general ledger for your consolidated ledgers or consolidate with the head office or central general ledger.
  • Consolidate all accounts or a partial set of accounts using the automatic balancing account (exclude entries from the consolidation if needed).
  • Merge multiple accounts in subsidiaries into single holding company accounts.
  • Specify a description for account balances or net change transactions.
  • Maintain a detailed audit trail of all consolidation activities.

*Available with the add-on Multicurrency module.

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