Passport Business Solutions™ General Ledger accounting software categorizes and summarizes your accounting data providing comprehensive information for financial analysis and control.
Financial Information
Our GL accounting software also generates custom designed financial statements show profit or loss, assets, liabilities, and equity.
Supports multiple companies and cost centers –each potentially with different Chart of Accounts.
Can produce an overall set of financial statements from a consolidation of multiple companies.
Calculate Income and Expenses.
Handles both traditional 12 and thirteen period cycles. Calendar and non-calendar fiscal years supported.
Each company can operate using a current year as well as up to thirteen periods into the next (unclosed) year. Essentially an unlimited number of prior year account detail is retained for reporting purposes.
Short years and archiving of old fiscal year data is supported.
General Ledger account number structure allows for up to four segments, numeric or alphanumeric, with as many as 17 characters.
Flexible copying of chart of accounts between companies is provided.
Important diagnostic and audit features included.
Unlimited date and time stamped notes can be attached to chart of account records.
Click to view the General Journal screen
Financial Statements
Financial statements can be printed for a set of sub-accounts and a set of cost centers and can be printed in flexible formats which you design. Multiple separate ratios and the date, time and/or report number may optionally be printed on financial statements.
User-defined accounting ratios can be set up and calculated on financial statements. These can be standard accounting rations or customized to meet specific business needs.
Financial statements can be printed for a set of sub-accounts.
Up to ten lines of notes can be entered for a general journal entry, and printed on the register.
Recurring GL transactions allow for allocations to accounts on a dollar or percentage basis.
Wild-carding and account ranges are allowed in financial statement layouts.
Print or email reports instantly.
Financial Analysis
With our General Ledger accounting software, users can recreate financials from previous years with access to multiple years of General Journal transactions. A Multi-Year Trial Balance Detail feature is also available for previous fiscal years, or any time period you choose. Run summary or detailed financial analysis on transaction activity between any two dates.
Prints the Working Trial Balance, Trial Balance Reports and the Source Cross Reference (for audit trails).
Comparative and budget information can be retained for an unlimited number of years.
Multiple different budgets may be entered for each year (past, current and future).
Reports and financial statements can be easily generated showing budgets and comparatives for previous years.
Supports more advanced features like actuals versus budgets and prior year comparatives and percentage ratios.
Print Source and Application of Fund type statements and FASB type statement. Proforma SAF Financial Statement can be generated from a good Balance Sheet statement.
Analyze and track actualize and budgets for year-end projections.
Federal, state/local and audit type attributes can be entered in the Chart of Accounts file. Using this information, the Tax and Audits Schedules function enables you to prepare and print schedules for tax purposes.
A flexible account detail view function that also provides user controlled real-time consolidation of accounts for convenience in handling large amounts of data.
Can efficiently handle large numbers (millions) of GL transactions.
Flexible Reporting
Our General Ledger accounting system generates user-defined tax and audit schedules to provide needed individual transaction level information for a selected range of dates. You can choose to show tracking detail that consists of source journal number and document number.
Flexible year-end closing procedure.
A utility allows output to a standard comma delimited file that can be read by Excel and other popular spreadsheet and database packages. This allows extraction of GL data in a financial statement format that spans multiple years: for example, a 3-year, month by month gross profit analysis yielding sales, costs, and margin for each of the 36 months (one column per month).
Contains a loan amortization program, which gives you information about fixed rate loans.
Passport Software’s General Ledger accounting software may be used either independently or interfaced to the Passport Business Solutions™ Accounts Receivable, Accounts Payable, Payroll, Check Reconciliation, Inventory Control, Job Cost and/or PBS™ Manufacturing.
