Features:

Benefits:

·     Provides a system that receives information from all other eMIS systems easily and interactively.

·     Reduces clerical effort and increases accuracy by eliminating data entry duplication.

·     Offers a choice of up to thirteen user-defined fiscal periods.

·     User will no longer have to wait until one period is closed before entering data for the following period.

·     Gives access to any prior or future general ledger period.

·     Improves data accuracy and provides complete analytical capability.

·     Provides automatic subledger activity posting to the general ledger accounts.  Allows for hard copy reports or screen inquiry of either subledger or general ledger activity.

·     Management receives financial statements in the format they want, containing the information and any comparisons that are relevant.

·     Provides unlimited user-formatted financial statements for current and prior periods.

·     Allows the flexibility to report results based on the time frames you consider most beneficial.

·     Using the “same-as” features, the system will automatically create financial statement formats for similar financial statements.

·     Reduce the time spent on financial statement formatting.  Ensures comparability between similar financial statements.

·     Allows account numbers of up to four segments based on user-defined characteristics.  Offers variable length account numbers.

·     Provides more detailed analysis of financial information by allowing for a company, division or departmental structure in the account number.

·     Allows recurring journal entries, which lets an entry to be generated once and then posted to each period.

·     Eliminates the clerical effort necessary to post the standard entries each month.

·     Allows for entry and maintenance of budget amounts.  Provides screen inquiry to quickly compare budget and actual amounts.

·     Quickly allows performance analysis of budget to actual.  Allows for easy maintenance of budgets if circumstances require change.

·     Provides option for summary or detail posting to each general ledger account.

·     User has the flexibility to have the system prepare detailed analysis of accounts where appropriate.

·     Permits year-to-date detail or summary account, reporting by account, range of accounts or all accounts.

·     Provides a fast, accurate and flexible system that can quickly produce extensive reports.

·     Journal entries and entries from other systems are backed by extensive audit trails.

·     Management is confident of having the proper tools necessary to ensure compliance with internal controls.   Outside audit costs are reduced.

·     Allows for creation of distribution codes that will automatically distribute an account into other account percentages.

·     Provides for the flexibility of spreading an account balance across similar accounts.

·     Allows for selecting an entry to be reversed automatically in the next period.

·     Reduces clerical error with reversal being done automatically.