GL Software for Your Company
This post is for small to mid-sized companies who may be vetting general ledger accounting software. We hope you find it useful.
Better Decision Making
For a small to medium-sized business owner, company information to support decisions and planning can make the difference between good and not-so-good outcomes.
That is the role of general ledger software – the big picture view.
General ledger software categorizes and summarizes accounting data. These summary reports are a financial statement.
Financial statements are produced to display profit or loss, assets, liabilities, and equity. This assembled information can be compared to prior years to discover trends and other valuable insights.
Financial statements can be printed for a set of sub-accounts and a set of cost centers printed in flexible formats which owners and managers design to get different perspectives on their operations, especially if past years’ comparative and budget information is available to be reported on.
Protection for your business is another aspect of GL software. Special reports such as Change in Working Capital, Statement of Financial Position, and Expanded Cash Flow reveal a variety of insights into the flow of money through a business.
Professional level general ledger software includes special reports for state and federal compliance reviews.
Comprehensive information for financial analysis and control is the purpose of General Ledger software.
With 35 years of business and accounting experience, Passport Software provides comprehensive yet easy to use general ledger accounting software for small businesses and medium sized companies.
The GL module is part of Passport Software’s accounting software solution. PBS™ Accounting is a modular system, so you can purchase only what your company needs.
Call 800-969-7900 – Or Contact Us. We are here to help.