General Ledger
The USC General Ledger Module is the heart of our Accounting System. The flexibility and ease-of-use offered by this module will always allow you to have access to the precise and accurate information you need to make informed business decisions in a timely manner.
This Module is designed to assist you with tracking income and expense transactions and preparing comprehensive monthly ledger reports, financial statements and accompanying schedules all aimed at reflecting the current status of the business and assessing the profitability of the company.
Transactional Details
Retain transaction details for an entire fiscal year or for only the current period. Regardless of the option selected, account balances are maintained for the current and previous fiscal year.
Prior Period Adjustments
Access prior periods and make adjustments or even add new entries.
Unlimited Companies
Maintain separate accounting systems for an unlimited number of companies, each with their own independent chart of accounts, fiscal year ending date, etc.
Budget vs. Actual
Maintain a budget and produce Budget vs. Actual comparisons.
Departmentalization
Departmentalize the income statement including automatic postings to a consolidated company total department, while still being able to produce separated income statements.
Period Flexibility
Enter and retain transactions for new periods before closing out the current period.
