The General Ledger module in Iptor IP1 handles multi-company, multi-currency transactions. A linked, hierarchical sub-account structure permits both overview and detailed analysis. Travel expenses, for example, can be viewed at the company or department level, or per individual employee. Different departments can be provided with separate account structures to simplify data input and aid in performance analysis. Each section of the General Ledger Account has its own maintenance routine. Prior to creating these sections (Profit Centre, Major Account and Minor Account), other Control Files or parameters may need to be set up. [Read more…]
Contents
GL journals
Maintenance
Bank reconciliation
Report writer
Indirect expense allocation
GL interface
Stock obsolesence
Deferred revenue
Estimated future returns
Unrealised profit/loss
Period end processing
Import & export options
