SAI CORE Management Systems: CRES

General Ledger Management

This module integrates, maintain, and reports all necessary financial information including journal entries, automated interfaces from subsidiary ledgers, budgeting, and detailed subledger account postings. Build multiple companies, divisions, and their locations with corresponding detailed reporting and multiple level consolidations and extracts of accounts . At all stages in the general ledger process, standard accounting principles are followed to ensure audit trails that include useful summaries, appropriate controls, and validation of all detail. SAI's CRES systems support multiple currency, value-added taxes and international date and weights conventions for significantly enhanced functionality. Key features include:

• Flexible, user-defined chart of accounts
• Accounts may be posted, displayed, or printed on demand within two accounting-year window
• Includes a variety of management reports e.g. trial balance, account summary, etc.
• Bundled financial report writer
• Subledger capability provides additional detailed account information to enhance the monitoring and control of expenses such as travel and entertainment, equipment repair and maintenance, or special projects
• Automatic interfacing of general ledger information from related systems in summary or detail
• Standard journal entry setup and updating
• Journal entries for adjustment of any prior period
• Account structure to include multiple companies and locations within those companies
• Easy chart of accounts duplication for multiple company setup
• Consolidation of accounts for reports by company and location
• General ledger detail reports may be printed for any range of periods during the current or prior fiscal year
• On demand access to summary or detail account information for any period up to two years on-line
• Option to reprint subsidiary journals by source and selective period
• Ability to design and format customized financial statements
• Option to use different fiscal year ends for each company set up on the system
• GL budgeting for comparative analysis