The RentalMan General Ledger System provides an integrated, online, real-time environment that organizes information into usable and understandable formats.
There are up to 999 different formats available using the RentalMan General Ledger System to produce custom comparative financial reports as defined by your company. Income statements are report writer-driven; allowing the user to produce financial reports based on current year, current budget, and historical records that are maintained for each account. Multiple companies and locations can be tracked and consolidated automatically.
The system accommodates both 12-month and 13-month accounting options and maintains two fiscal years as "open", if needed. Unlimited preliminary trail balances can be generated before closing a period to facilitate month-end processing. The General Ledger Master File actively maintains prior year's history for analysis. Closed periods may be easily reopened and closed again and posting may be made to multiple open periods.
Flexibility
The General Ledger System offers more than the basics of accurate and timely recording of accounting information. Information is available when and how you need it for broad-based financial decision making. The system offers true flexibility, enabling your company to respond to constantly changing business opportunities with a foundation of sophisticated, general ledger functionality.
Clear Audit Trail
Journal entries, editing and maintenance are all online and a clear audit trail is created with every automatically assigned journal reference number. Daily journals and trial balances are available in detail and summary form. Recurring entries can be stored for processing in subsequent months.
Customization
Budget information can be created for all accounts and used for comparative purposes. Working budgets can be entered and manipulated for planning purposes and then rolled into the actual budget at year-end.