General Ledger

The general ledger module provides your business with comprehensive financial reporting capabilities allowing you to build customised financial reports.

The powerful easy-to-use financial report generator allows you to design and build customised financial reports. Even in large complex reporting structures, this is a simple task due to use of control accounts and cost centre tables.

Financial statements for present, previous financial periods, budgets and last year comparatives can be produced. Reports such as supporting schedules, funds statements and capital employed/ cash flow statements can be easily created by the user.

Transactions may be entered as they occur or via recurring journal entry or may be integrated from processing in other TIMMS modules.

Summary of features & benefits:

• User-defined alphanumeric or numeric account numbers with powerful chart of accounts build/ maintenance facilities
• Use either a simple structure, through to multiple division/ cost centre capability
• Open period accounting
• Data input accuracy as all transaction entries are balance validated and can be edited and corrected prior to posting
• Recurring, standing and auto-reversing journals
• All data held at both transaction and summary levels
• Comprehensive audit trails of all entries
• Account enquiry with drill down to transaction capability
• Comprehensive financial report generator
• Multi-company accounting and financial reporting
• Budget generation facilities
• Ability to integrate bank transaction journal entries though to cash management module for reconciling