A General Ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses.
In iContro ERP Software, the General ledger works as a central repository for your financial data transferred from all sub-ledgers or modules like accounts payable, accounts receivable, cash management, fixed assets, purchasing and projects. The general ledger is the backbone of any accounting system which holds financial and non-financial data for an organization.
General Ledger is the infrastructure of your entire financial system and fully merges with all modules.
It has the ability to meet present and incoming financial management needs, handling the most difficult budgeting and processing requests across companies of all types and sizes.
General Ledger software is the origin of information regarding the financial instabilities of your business. iContro G5 General Ledger System is where you build budgets, accounts, and make daily entries. It is where all combined modules send information when you post. You can drag and report information for your entire accounting system, which gives you real-time awareness into the financial status of your company.