© 1990-2012 Seagull Software.
|
|
The General Ledger is the financial information cornerstone of the Titan suite. It is used to focus data from other modules and then provide management with consolidated and accurate information and timely financial reports.
The advantages of the General Ledger module are;
- To quickly and accurately determine the profitability of a division or branch, enabling management to take effective action where necessary.
- Flexibility to meet the demands of a dynamic business environment.
- Accessible information through an easy-to-use menu driven system.
- The ability to meet a wide range of accounting and management reporting requirements.
System Features
- A flexible account structure.
A user-defined account code, enabling the most complex and lengthy code structures to be analysed.
- Chart of accounts copy.
An existing chart of accounts can be copied from one branch to another.
- 13 Accounting periods.
The system has an optional 13th accounting period, to cover old and new financial years.
- Multiple year-ends.
Companies and/or branches may have differing financial year-ends.
- Company and branch consolidations.
Consolidations of group accounts through a flexible consolidations module are catered for by the system.
- Prior year maintenance.
Postings may be made, with the necessary controls, to the prior year ledger.
- Multiple on-line journal entry types.
Journals may be entered either directly in an on-line real-time mode or in batch mode with the option to review, list and balance these entries.
- Recurring and diarised journal entries.
Journal entries that occur on a regular basis, or post-dated entries, may be entered for automatic posting to accounts.
- Batch balance check.
Each batch is checked by the system, to ensure that it balances, before being processed. Unbalanced batches may be printed out, reviewed, corrected, re-balanced and then resubmitted for further processing.
- Automatic accrual reversals.
Accrued journal entries and pre-payments may be automatically reversed in the next accounting period.
- Posting check.
At month-end the system automatically checks that all batches for the current month have been posted.
- Multiple budgets.
The system has budgets for last year, this year and next year. Each budget may have multiple revisions.
- "Paint the screen" report design & layout.
The management reporting module enables the balance sheets, income statements and management reports to be designed and formatted to the company's own requirements. No special forms, nor hours spent learning a report programming language, are required.
The free format design facility uses a menu-driven report writer that allows the user to "paint the screen", and produce reports which meet their specific needs. All instructions are given via the screen.
Sample report and parameter review options are available at all times to assist in this design process.
Report titles and column headings may be entered, column and row sequencing selected, arithmetical functions and totalling ranges specified, existing reports copied, reports edited and even concatenated. In fact, the report-writer has many features found in spreadsheet programs.
- Inter branch transfers.
The system optionally creates automatic inter branch transfer transactions and posts these to batch files.
- Extensive audit trails.
Audit trails may be printed for a particular account, range of accounts or all accounts. A particular period, a period range or all periods may be selected.
- System interfaces.
The system has optional interfaces to the other relevant systems.
Back to the top of the page
|
