General Ledger

ACUMEN enables you to set up a GL system consisting of GL Accounts, GL Departments, and Consolidated Accounts. GL Departments are used for improving the organization of your operating statements. Consolidated Accounts are accounts into which you can "roll up" (summarize) any number of GL Accounts on an operating statement or balance sheet.

In addition to thirteen pre-formatted standard financial reports, the Financial Report Writer enables you to create and format your own financial statements, store them, and print them in predefined batches.

The ACUMEN Posting function enables you to fully control which data updates the GL and other history files, and when. You can make entries directly to the GL via Adjustments.

• Fiscal or Calendar year.
• Unlimited number of accounts.
• Up to 24 open periods (2 years) Periods in an open year can be closed and reopened if necessary.
• User-definable account numbers.
• On-line graphs and tables of account balances.
• On-line tables of monthly account activity including subtotals of subsidiary ledgers (accounting transaction files).
• Automatic backup of data file prior to posting.
• Automated year end closing.
• Budgets can be entered for all accounts up to five years into the future.
• Standard financial reports can be exported to a spreadsheet program.
• Administrator can control which transaction posts.
• Sophisticated Post Journal provides detailed information about each posting.
• Financial reports can be automatically generated after each posting.
• Single adjustment (journal entry) can be made to multiple accounts and periods.
• Adjustments can update individual customer or vendor accounts.

• Adjustment Journal: Detailed view of user-selected adjustments. Can be printed at any time.
• Balance Sheet: Standard financial report showing assets, liabilities and net worth.
• Balance Sheet 1 Yr. Comparative: Compares your balance sheet as of any date with the year earlier balance sheet.
• Chart of Accounts*: Listing of all GL Accounts.
• Detailed Audit Journal: Detailed listing of all debits and credits for user- selected GL Accounts for user -defined period.
• Operating Statement: Standard financial report showing income, expenses and profit for year to date and month of selected period.
• Operating Statement %: This is just like the Standard Operating Statement but has columns showing each GL account as a percentage of Total Income.
• Operating Stmnt 1 Yr. Comparative: Compares your operating statement as of any date with the year earlier operating statement.
• Operating Statement 4 Qtr %: Compares your balance sheet as of any date with the year earlier balance sheet.
• Summary Audit Journal: Summary of debits and credit by subsidiary ledger for user-selected GL Accounts for user-defined period.
• Subsidiary Ledger Reconciliation: Comparison of subsidiary ledgers with their corresponding GL Accounts.
• Trial Balance: Standard financial report showing all GL accounts' starting balances, debits, credits, and ending balances.
  

• Combine Sales History and GL account information on one report.
• Comparisons against previous periods.
• Comparisons against budget.
• Custom reporting periods.
• Maintain batches of user-defined financial statements (including a "post batch" which prints after each posting).
• "Roll up" GL accounts into user-defined consolidated accounts.
• Create summary reports, such as expenses by department.
• Create reports for specific accounts only, such as summary sales and gross profits.
• Handles percentages.

Account Activity Screenshots
Financial Reporting Screenshots
GL Screenshots