General Ledger
The General Ledger program is a fully integrated, self-balancing, double-entry ledger system capable of controlling all HUD accounts as well as other Non-Profit fund accounting ledgers.
Features:
- Tracks an unlimited number of funds (ledgers). Each fund can have a different fiscal year end.
- Accommodates up to 10 account segments of up to 10 digits or letters per segment, so we can handle the most complicated account number structures.
- Automatically maintains inter-fund (Due to/Due From) balance entries.
- Drill-down capabilities allow you to quickly determine account details.
- Distributes funds across multiple projects.
- User defined allocation tables allow for easy and efficient distribution of amounts across accounts and funds.
- Funds can be open for multiple years/periods. If you post to a past fiscal year closing entries are automatically generated so all current year financial reports are up to date.
- Maintains multiple journal vouchers at once with the ability to edit entries at later dates.
- Ability to generate Multi-Fund side-by side comparison spreadsheets.
- Ability to export all reports to Excel spreadsheets.
- Ability to easily copy and reverse Journal Entries for more efficient data entry.
- Ability to import spreadsheets into journal vouchers.
- Ability to copy one funds chart of accounts to a new fund.
- All Transaction history is kept on line so past reports are always available.
- User defined Journals.
- Several Budget Comparison reports in various column formats.
- Maintains history for funds that are inactive.
- User defined Reports groups allow for easier financial reports.
- Includes a custom Financial Report Writer for user defined financial reports. Perfect for create Project Manager AMP reports and custom Board reports.
- Includes many built-in reports, including HUD’s Financial Data Schedule (FDS).
- Fully compliant with GAAP and HUD audit requirements.
- Produces HUD Balance Sheet and Statement of Operating Receipts and Expenditures.
- Generates a detailed balance sheet and annual report on all account or set of accounts showing each month’s net change and ending balance.
- Perform data entry for future months.
- Fiscal years may be opened for budgeting and not allow for posting until the fiscal year starts.Allocation tables allow users to distribute an expenditure for a given expense across several funds or several project based accounts in the same ledger.
- Automated integration with the Housing Intelligence Portal application that allows staff to monitor Key Performance indicators of Fiscal Management.
- Integrated Document Imaging allows the user to scan, view, print, email and/or fax (with a fax server) archived documents.
Program Integration
The General Ledger program integrates with the Tenant Accounts Receivable, Section 8 Tenant & Landlord, Payroll, Fixed Assets Inventory, Consumable Inventory, Accounts Payable, Purchase Order, and Check Reconciliation programs so data is entered only once.
Contact us to learn more about this program and the rest of the WinTen² programs.
