General Ledger Systems
|Accounts Management Systems|
|General Ledger System|
The Most Important Functions:
Impacting cash in hand and cash at bank by receivables, payables, deposits, transfers, and accounts adjustments.
Cheques management and processing banks reconcilation with the differences in organization records and bank tally.
Issuing control requests for transactions and approve them in entries and vouchers.
Counting cash in hand according to the applied procedures in the organization.
Issuing miscellaneous reports such as: account statement, general journal, trial balance, profits and losses, balance sheet, …etc.
Carrying out the transactions of matching and required financial adjustments between accounts.
The Most Important Features:
- Direct displaying of transactions and knowing the organization’s financial status.
- Following up installments payment, and cheques collection as wella as specifying and paying liabilities.
- Matching accounts transaction and following up the accurals of customers and vendors.
- Designing cash flows, final, and financial statements reports according to the organization.
- Evaluating the organozation business outcomes by profit and loss reports during any dfined period.
General ledger is the financial interface whose accounts are integrated with carried out transaction in all Onyx Pro Systems.