Customer Accounts


	Integrated General Ledger for CAPITAL Accounting Software

		The general ledger summarizes all financial transactions entered in the system and provides management with a Trial Balance, Profit and Loss, and Balance Sheet financial statements. Many other reports can also be constructed and printed. CAPITAL's General Ledger also comes equipped with an extremely flexible financial report writing tool.

	Features	Description

	End Period Wizard	Automatically updates general ledger period or automatically reverses and re-runs period. Balances GST and stock accounts without the need to post extra standing journals.

	All Periods Open	Enter transactions for any period for the current year, be it past, present or future.

	Reopen Ledger Year	Enter transactions for previous financial years.

	Multi-currency ledger	Supports postings to the general ledger in an unlimited number of currencies. All postings in original currency are tracked at the same time as the values automatically converted to your standard currency. Journals can also be entered in local or foreign currencies with automatic conversion to local currency.

	Fast Journal Entry	Fast, powerful and easy to use journal entry screen that supports QuickCodes. E.g., codes such as "rent", "car", "clothing" can be linked to general ledger codes for easy to remember data input.

	Reprinting	Print reports for prior periods and (in most cases) years.

	Chart of Accounts	Includes standard chart of accounts or transfer expense portion of chart from CAPITAL.

	Customise Chart	Add, edit, remove or completely reorganise chart codes as required.

	Flexible Opening	Any period can be selected for year start and end (e.g. June 30th for Australia, 31st December for USA and 31st March for UK).

	Customise Periods	User defined accounting periods, such as 12, 13, etc., up to 365 per year.

	Multi-Company Consolidates	Ability to consolidate subsidiary companies and/or ledgers to a main ledger.

	Copy Company	Copy the existing chart of accounts to subsidiary companies within the group.

	Immediate Accrual Posting	Accrual amounts can be set in the current period and reversed in the next period at the same time. No need to remember to reverse accruals or set-up an automated reversal procedure.

	Multi-Company	Up to 4000 companies per system.

	Start New Year Anytime	No need to close general ledger financial year in order to continue work in new year in CAPITAL.

	Batch Entry	Enter journals in batches for controlled posting.

	On-Line Entry	Enter journals immediately into general ledger through on-line entry procedure.

	Flexible Report Editor	Report editing tool provided for producing customised financial statements.

	Quick Report Writer	Does the ground work of creating basic financial statements automatically.

	Change Codes	Chart of account codes can be changed at any time or locked to prevent further posting.

	Standing Journals	Support for entry and posting of standing journals. Can copy general and system journals to and from standing journals.

	Matched Journals	Auto-balancing batch entry mode. Offsets difference against specified account such as bank, suspense, etc.

	Full Reversals	Reverse any posted batch or reverse whole period.

	DataShield	Master file corruption protected by "auto roll back" capability in case of interrupted postings.

	Journal Narration	Narrations may be of unlimited length for any journal of your business software.

	Financial Formulas	Specify calculated code groupings for on-screen inspection or inclusion in financial statements.

	Long Account Codes	Account codes up to 14 characters/numbers.

	Budgets	Powerful budget planning toolbox for calculating income and expense targets.

	Global Chart Modification Tool	Add, edit or delete sections of a chart of accounts. Allows quick construction of complex multi-departmental charts.

	Reopen Years	Closed years in your accounting software can be reopened.

	Security	Create user profiles for access to only specified operating sections.

	Integrity Checking	Intelligent master file diagnostic and repair utility can automatically balance a corrupted chart and post error to suspense account.

	Standard Reports	Trial Balance (for period or year-to-date) Budgets & Variations Batch Listings Chart List General Ledger Sets Audit Trail History Transaction History Journal Errors Financial Formulas

	Configurable Reports	Create new reports quickly using the Report Designer or use the existing reports such as: Profit & Loss/Balance Sheet for Year Profit & Loss/Balance Sheet Month/Year Profit & Loss/Balance Sheet Year/Last Year

	Powerful Reporting Functions	Financial reports can report on period, year, half year and quarterly balances, in standard/local currency or in foreign currencies or in any combination of the above.