General
Ledger & Financial Reporting
Today's technology has finally
allowed the development of a general ledger module with
superior functionality including:
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Real-Time transaction processing;
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Unlimited open years;
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Up to 366 periods per year;
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Elimination of year-end and month-end
closing processes;
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Automatic reversing entries;
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Recurring journal entries;
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Account allocations;
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Ability to import journal entries from
a tab-delimited ASCII file (like you can create in
Microsoft Excel);
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Three budgets per period, per year,
per account. For example you can have an original,
revised and final budget for every account for every
period/year;
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Ability to reprint any portion of your
audit trail as of any period in the past at any time;
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OLE links to Microsoft Excel;
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Multi-currency capability;
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Powerful "Drill Down" capability;
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Unlimited companies;
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Unlimited branches/divisions;
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Up to 32 character account numbers
with full dynamic masking capabilities; and
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Fund accounting capability
Real time processing is
finally here. With Carillon, transactions entered in any
module are posted to the General Ledger real-time. Cumbersome
posting processes from each of the other modules are no
longer necessary.
Month-end and year-end closing
processes are no longer necessary. In fact, there isn't
even a menu option to perform one if you wanted to! Postings
to retained earnings for "future years" occurs
automatically on a transaction by transaction basis. However,
periods can be "soft closed" to prevent any further
postings.
But the best part is that
you no longer have to print out all of your audit trail
reports at month-end or year-end. You can print out
any historical ledger or journal as of any prior period
at any time.
The creation of comprehensive
financial statements has never been so easy. Users
design their own financial statements through an OLE link
to Microsoft Excel. The number of financial statements
that can be designed and produced is unlimited. Carillon's
powerful financial statement generator package can provide
comparisons to previous years and quarters as well as 3D
graphs, bar charts and pie charts. The spreadsheet
information can then be sent via OLE to a word processing
package, such as Microsoft Word, to create annual reports
with ease.
The General Ledger drill
down inquiry capability shows period and cumulative balances
for every account/period/year that has ever been set up
in the General Ledger. Clicking on a period balance
drills all the way to the source document for further detail. At
this level, the detail of all the debits and credits posted
for this transaction can also be viewed.
Setting up account masks
couldn't be easier. You can design your own account
masks to accommodate your companies' needs with up to fifteen
segments. The financial statement generator also
accommodates different account masks for different companies
that consolidate into a single financial statement. |
