General Ledger
Included in the Core System
WHAT IT DOES FOR YOU
The core of the AccuFund Accounting Suite is the
General Ledger. All transactions from all modules are
immediately posted to the General Ledger and are
available for reporting. Adjustments are made
through Journal Entries. The General Ledgerprovides summary and detail reporting for all years
and across years.
HOW IT WORKS
The AccuFund General Ledger provides a 255
character alpha-numeric account structure. Each
segment or element may be of any length and the
system will support up to 99 segments within the
255 characters. The database includes all fiscal
years for continuous reporting as required. When
entering data in any AccuFund module, the transactions are directly posted in the General Ledger on a real-time basis making all reporting current including all transactions entered today.
The General Ledger supports multiple transaction
types including:
| • Actual
• Encumbrance • Budget • Grant Budget • Project Budget • Memo Entries |
• Requested • Allocation • Budget Revision • Grant Budget Rev. • Project Budget Rev. • Closing Entries |
OTHER FEATURES
• For the chart of accounts, a predefined
full account may be utilized or accounts
may be built on the fly based on tables of
valid elements, know in the system as
"Dynamic Elements".
• The General Ledger supports multiple
year end closings and allows entry in the
following year prior to closing for as long as
necessary to complete the closing process.
• Multiple budget types including financial, grant and
project provide multiple users the ability to report
directly form the system.
• Export transaction detail to Excel with formatting and
formulas in the totals.
• Extensive import capabilities provide easy integration
of external systems such as specialized billing, licensing and development systems.
• Accounts balances and
activity may be viewed onscreen
through "Drill-down"
capabilities allowing a user to
click on an account balance
view and report the
transaction detail underlying
the balance.
COMPONENT INTEGRATION
All AccuFund modules post
directly to the General Ledger.
COMPONENT AVAILABILITY
The General Ledger provides the core of three AccuFund products:
• AccuFund Accounting Suite
• FASB/GASB Reporter
• Endowment Reporting System
STANDARD TEMPLATES PROVIDED
Primary reporting for the General Ledger is through
the Financial Report Writer. Detail reports are
available in the module including:
• General Ledger - detail including monthly, yearto-
date, and inception-to-date options
• Journal Detail - provides the detail of postings by
module, activity date and system posting date.
• Account Detail - shows detail of account activity
to any period of time within and across fiscal years.
• Custom transaction detail through the Report/
Forms Designer
