The General Ledger is the pivotal accounting module of TOPS v3.2.1™.
Our general ledger module uses real-time accounting, automatically
updating the GL with the transactions performed in any subsidiary
accounting module. The General Ledger offers these popular benefits:
- Define your own chart of accounts or copy one from another
association. Cost codes may be defined for advanced department/cost
center tracking.
- Define a budget for each charge code, with the ability to review
the prior year’s actuals for more accurate budgeting. Maintain
three years of budgets (previous, current, and next) and copy
budgets from previous years.
- Quickly look up and print a full transaction history for each
account in your chart of accounts; or narrow the view down to
a date range to review activity during a certain period.
- Perform one-time and recurring journal entries. Journal entry
batches allow you to save journal entries prior to posting, so
they can be reviewed and confirmed before they are implemented.
- Secure accounts with out of balance and close month protection.
- Define the fiscal year according to your needs.
- Keep the most accurate records with a complete audit trail.
- Generate professional financial statements on demand, including
balance sheet, income statement, yearly spreadsheet, and more.
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