Multiple journals capture transactions through easy entry posting screens, while the forced balancing of all transactions as they are entered insures that ledger accounts always balance. Additionally, General Ledger permits quick on-screen review of any transaction or general ledger account. The ability to hold transaction activity on a period basis adds convenience to your account or transaction inspection.

General Ledger account numbers are displayed in a fixed, yet flexible format. They may begin with a two-digit branch code for isolating profit centers. A six-digit primary account number with a two-digit sub-account code enables you to precisely define your credit union's accounting system (99/999999.99). You can assign any account number to a general ledger account as long as it is within this structure.

Statement accounts (groups of account ranges and individual accounts) enable you to customize your financial reports by isolating and printing subtotals in separate columns. They can suppress the printing of defined accounts. This permits the tracking sub-accounts in the G/L without displaying unnecessary and sometimes confusing detail on the financial reports. Importantly, a powerful budgeting system permits monthly, periodic and annual budgets to be continuously updated. Budgets may be entered and reviewed on-screen or in formal printed reports.

Benefits:

• Stand-alone or integrated system
• Extends account processing to eliminate redundant posting
• Quick on-screen review of any transaction or General Ledger account
• Customized financial reports
• Easy tracking of sub-accounts
• Permits monthly, periodic, and annual budgets