AccuFund's General Ledger

WHAT IT DOES FOR YOU!
The core of the AccuFund Accounting Suite is the General Ledger. All transactions from all modules are immediately posted to the General Ledger and are available for reporting. Adjustments are made through Journal Entries. The General Ledger provides summary and detail reporting for all years.

COMPONENT INTEGRATION
All AccuFund modules post directly to the General Ledger.

COMPONENT AVAILABILITY
The General Ledger provides the core of three AccuFund products:

• AccuFund Accounting Suite
• FASB/GASB Reporter
• Endowment Reporting System

STANDARD TEMPLATES PROVIDED
Primary reporting for the General Ledger is through the Financial Report Writer. Detail reports are available in the module including:

• General Ledger - detail including monthly, yearto-date, and inception-to-date options
• Journal Detail - provides the detail of postings by module, activity date and system posting date.
• Account Detail - shows detail of account activity to any period of time within and across fiscal years.
• Custom transaction detail through the Report/Forms Designer

HOW IT WORKS
The AccuFund General Ledger provides a 255 character alpha-numeric account structure. Each segment or element may be of any length and the system will support up to 99 segments within the 255 characters. The database includes all fiscal years for continuous reporting as required. When entering data in any AccuFund module, the transactions are directly posted in the General Ledger on a real-time basis making all reporting current including all transactions entered today. The General Ledger supports multiple transaction types including:

Actual	Encumbrance	Budget	Grant Budget
Project Budget	Memo Entries	Requested	Allocation
Budget Revision	Grant Budget Rev.	Project Budget Rev.	Closing Entries

For more information call (800) 403-3606, or click here.

OTHER FEATURES   For the chart of accounts, a predefined full account may be utilized or accounts may be built on the fly based on tables of valid elements, know in the system as “Dynamic Elements”.   The General Ledger supports multiple year end closings and allows entry in the following year prior to closing for as long as necessary to complete the closing process.   Multiple budget types including financial, grant and project provide multiple users the ability to report directly form the system. Export transaction detail to Excel with formatting and formulas in the totals.   Extensive import capabilities provide easy integration of external systems such as specialized billing, licensing and development systems.   Accounts balances and activity may be viewed onscreen through “Drill-down” capabilities allowing a user to click on an account balance view and report the transaction detail underlying the balance.