The ALLIANCE™ General Ledger & Budgeting application is the foundation of the accounting system, which consolidates all financial information. The application provides accurate and up-to-date information that outlines overall financial position and promotes sound decision-making.
Data Entry Simplified—
Users can specify default answers to speed data entry during account setup. For example, default entries can be set-up for Fund, Department, Object/Source, etc..
Flexible Financial Statement Set-up—
Allows for unlimited, user-designed financial statements in assorted versions …summarized and highly detailed formats.
Improved Budget Management—
New functionality simplifies budget set-up & transition to new periods as well as budget line item amendments. Security and tracking within the budget management process has also been improved.
Search Quickly—
Virtually any data element can be searched! In this example, click the Account you are looking for in the list and it will appear at the bottom of the screen! Click "OK" and the Account is loaded in the drop-down list.
Specific Application Features—
Click to Show Features
- Follows GAAP and GAAFR standards
- Accommodates fund accounting or enterprise accounting systems
- Handles accrual, modified accrual, or cash basis accounting
- Chart of accounts file provides flexible account numbering format
- Tracks fiscal-year accounting periods with user-defined begin/end dates
- Provides detailed audit trail by transaction date, source, amount, and operator code
- Provides for on-line budget preparation & analysis, and flexible reporting
- Allows for advance set-up of succeeding fiscal year's budget and offers percentage increases /decreases per account
- Maintains previous fiscal year financial activity and allows for the storage of multiple prior years' comparatives
- G/L entries from other ALLIANCE™ modules are made automatically when interfaced
- Provides routines for manual journal entries with date checks and balance verification
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- Window-like selection boxes provided listing G/L accounts for easy look-ups and entry
- Processing codes available for standard, recurring journal entries that speed up the transaction process
- Generates pre-posting audits for accuracy
- Provides set-up for recurring G/L entries in fixed or variable amounts
- Automatic on-line error checking ensures transactions are accurate upon entry
- Allows transaction entry for previous periods within the current fiscal year
- Permits entries and allows reporting for current fiscal year while prior fiscal year is still open
- Maintains detailed ledger listing all account transactions within a user-defined date range
- Reporting by fund or department
- User-defined journals for special reporting
- Permits on-line inquiry of accounts and related transactions with window-like selection boxes listing all activity in chronological order
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General Ledger