The General Ledger module combines power and flexibility with ease of use, to give you the critical information you need to make timely and informed business decisions and manage your business more effectively. The system's extensive drill-down capabilities enable you to view everything from detailed journal entries to original source documents.

Manpasos has the flexibility to accommodate complex company structures. You can set up an unlimited number of companies and designate account numbers with up to 15 segments and as many as 100 characters. Through Microsoft FRx and Crystal Reports software, you'll enjoy the flexibility of virtually unlimited reporting options. The system also lets you maintain budget data in a spreadsheet, then update the general ledger through a direct COM link.

The user-defined processing options found in our services can save time, increase productivity and enhance efficiency by allowing you to automatically add new accounts; print period end reports; enter, revise and maintain budgets; purge data and close the period.

Web-Based Reporting

All General Ledger reports can be generated and viewed through Microsoft Internet Explorer with our Web Reports module, at the same high level of security as with the module's standard output.

Reporting Features

•  Extract and combine information in multiple ways through flexible financial reporting software.
  
•  Export all report data to an external file. Data types supported include ASCII text, delimited, Excel, Lotus 1-2-3, HTML, RTF or Microsoft Word.
  
•  Create reports from posted and unposted transactions.
  
•  Drill down from a financial report to the supporting details in the Sage MAS 500 application.

Reports

•  Standard financial reports, including Balance Sheet, Income Statement, Trial Balance, Budget and Monthly Trend reports.
  
•  Analysis reports, providing summary income statement and balance sheet comparisons, with 13 financial ratios by industry.
  
•   Journal reports, providing a summary of GL transactions sorted by a variety of user-defined criteria.
•  Transaction reports, providing transaction detail for all postings made to every General Ledger account.
  
•  Audit reports, including Journal Transaction Register, Allocations Register and Budget Register.

FEATURES:

System Implementation Options

Powerful implementation tools allow you to configure your general ledger system to meet your organization's unique and evolving requirements.

•  Define an unlimited number of companies.
  
•  Create user-defined journal codes.
  
•  Establish flexible fiscal period definitions (up to 366 per year).
  
•  Maintain flexible retention periods for historical reporting.
  
•  Create custom fields.

Account Code Structure

The versatile account code structure streamlines your workflow to give you quicker access to critical information.

•  Define a 100-character account code containing up to 15 segments.
  
•  Assign additional financial or nonfinancial attributes to accounts.
  
•  Control posting by effective dates.
  
•  Establish valid segment values.

Audit and System Control

Sage MAS 500 delivers the confidence you need with tight security and easy access for all of your important financial data.

•  Validate accounting periods.
  
•  Prevent duplicate journal and batch IDs.
  
•  Control posting by period and by transaction date.
  
•  Define user permissions for general ledger tasks and reports.
  
•  Track audit details for charges, additions and deletions made to the chart of accounts.

Transaction Entry, Recurring Journals and Posting

You can create a more efficient workplace by customizing the way yo record and display your transactions.

•  Post transactions in summary or in detail.
  
•  Record statistical, financial and reference code information for each transaction line.
  
•  Define an unlimited number of recurring transactions.
  
•  Create user-defined cycles and template journals.

Period-End Options

These options smoothly accommodate the heightened activity of financial period ends.

•  Establish user-defined period end dates.
  
•  Support "soft closes? in general ledger.
  
•  Use journal entry worksheets to calculate period-end adjustments.
  
•  Automatically generate period-end reports.

Budgeting

This feature provides the power and flexibility you need to make informed business decisions.

•  Enter and revise an unlimited number of budgets.
  
•  Produce "what if? scenarios.
  
•  View comparisons of current-year and prior-year activity as well as budgets.
•  Use Excel to update budget information.

Allocations

Increase productivity and work smarter using efficient allocation functions.

•  Choose from one of six automatic allocation methods.
  
•  Automatically create allocation journal entries for a complete audit trail.
  
•  Generate allocations on a user-defined processing cycle.

Intercompany Transactions

Simplify your transactions between business entities and maximize the efficiency of your intercompany business.

•  Process transactions between source and target companies.
  
•  Generate automatic inter-company offsetting entries as general ledger posting entries are created.

Multicurrency Processing

You can save time and money with multicurrency processing capabilities which are required by companies doing business globally.

•  Enter and report transactions in any currency.
  
•  Override exchange rates for individual transactions.
  
•  Revalue account balances.
  
•  Automatically calculate realized and unrealized gains and losses.

Online Analysis and Drill Downs

Quickly and easily retrieve critical information, giving you instant access to any account balance and its supporting details.

•  Drill down to any account balance, detailed journal or original source document based on criteria you define.
  
•  View balances for one or more periods.
  
•  Provide ad hoc query capabilities without programming.
  
•  Export data easily to Excel, at the click of a button.