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The Acumatica General Ledger (GL) is the primary accounting record for a business. It tracks all financial transactions and is used to generate the company’s financial statements, including the Income Statement and Balance Sheet.

The GL summarizes the organization’s various financial accounts and transactions, such as accounts receivable, accounts payable, fixed assets, and inventory.

Acumatica’s GL management system is integrated with other modules, giving you instant access to timely, accurate financial data.

 

Highlighted Features

 

  • Control Your GL Account and Sub-Account Structure
    • Define the structure of your GL system accounts and sub-accounts. Organize your reporting and analysis configuration by defining segments, segment lengths, and segment values.
  • Enhance Reporting
    • Create different views of your data, or dimensions, using Acumatica subaccounts.
    • Nearly unlimited reporting dimensions are available to slice financial reports by product, department, or any user-defined segment.
    • Consolidated and summarized data can be displayed in the monthly, yearly, and quarterly views.
  • Protect Your Data
    • Control roles and access permissions by account and sub-accounts to protect sensitive data and improve accuracy.
    • Limit “on-the-fly” sub-account entry to specific sub-accounts based on pre-defined combinations of segment values.
  • Streamline GL Consolidation
    • Combine data from multiple entities for consolidated reporting and analysis, different currencies or different account structures notwithstanding.
    • Adjustments for minority interests, inter-company transfers, and other transactions are preserved to avoid duplication.

 

Additional Features

 

Advanced Financial Reporting

Flexible Configuration of Financial Periods

Multiple Currencies Support

GL Accounts Budgeting and Budget Approval

On-The-Fly Sub-Account Entry

Automatic Allocation of GL Balances

Drill Down to Original Documents

Reversing and Auto-Reversing Entries

Recurring Transactions

Audit Trails

Split Transactions

 

Contact us at [email protected] to learn more about how Acumatica can work for your business.