General Ledger & Financial
Reporting
Today's technology has finally
allowed the development of a general ledger module with superior
functionality including:
-
Real-Time transaction processing;
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Unlimited open years;
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Up to 366 periods per year;
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Elimination of year-end and month-end
closing processes;
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Automatic reversing entries;
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Recurring journal entries;
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Account allocations;
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Ability to import journal entries from
a tab-delimited ASCII file (like you can create in Microsoft
Excel);
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Three budgets per period, per year, per
account. For example you can have an original,
revised and final budget for every account for every
period/year;
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Ability to reprint any portion of your
audit trail as of any period in the past at any time;
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OLE links to Microsoft Excel;
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Multi-currency capability;
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Powerful "Drill Down" capability;
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Unlimited companies;
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Unlimited branches/divisions;
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Up to 32 character account numbers with
full dynamic masking capabilities; and
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Fund accounting capability
Real time processing is finally
here. With Carillon, transactions entered in any module are
posted to the General Ledger real-time. Cumbersome
posting processes from each of the other modules are no longer
necessary.
Month-end and year-end closing
processes are no longer necessary. In fact, there isn't even
a menu option to perform one if you wanted to! Postings
to retained earnings for "future years" occurs
automatically on a transaction by transaction basis. However,
periods can be "soft closed" to prevent any further
postings.
But the best part is that
you no longer have to print out all of your audit trail reports
at month-end or year-end. You can print out any historical
ledger or journal as of any prior period at any time.
The creation of comprehensive
financial statements has never been so easy. Users
design their own financial statements through an OLE link
to Microsoft Excel. The number of financial statements
that can be designed and produced is unlimited. Carillon's
powerful financial statement generator package can provide
comparisons to previous years and quarters as well as 3D
graphs, bar charts and pie charts. The spreadsheet
information can then be sent via OLE to a word processing
package, such as Microsoft Word, to create annual reports
with ease.
The General Ledger drill down
inquiry capability shows period and cumulative balances for
every account/period/year that has ever been set up in the
General Ledger. Clicking on a period balance drills
all the way to the source document for further detail. At
this level, the detail of all the debits and credits posted
for this transaction can also be viewed.
Setting up account masks couldn't
be easier. You can design your own account masks to
accommodate your companies' needs with up to fifteen segments. The
financial statement generator also accommodates different
account masks for different companies that consolidate into
a single financial statement. |
