The general
ledger is the heart of the Methods, Inc. Financial Series. Designed by
experts, it full exploits the relational database model. On-line documentation
including menu help, alpha lookup an explanation of data fields provide
the user with a friendly, easy to use general ledger system. Complete
transaction date processing allows posting to any period of the current
or next fiscal year. There is no need to close a period before beginning
work in the next period. The audited, relational data base eliminates
data integrity problems associated with other non-audited data base systems.
Separate Fund Account
The separation of the fund, account and location files allows the same
account numbers to be used by all funds and locations.
Open Years / Months
You may go back to a prior month to make adjustments and re-run financial
statements. System managers may also go back to a prior year.
Automatic Interface
Entries posted in Accounts Payable and Payroll are automatically entered
in the General Ledger System.
On-Line History
You may run prior period reports at any time. Methods, Inc. provides unlimited
history records. You are only limited to your computer's storage capacity.
- On-line inquiry of G/L transactions by date range
- On-line inquiry of G/L summary for current year or multiple years
Other Features
Print transactions history by date range - current or previous years.
Print general ledger detail with or without transaction
detail.
Print Statement of Revenue and Expenditures showing
activity for month to date and year to date with budget
comparisons for current or prior fiscal years.
Print Balance Sheet and Trial Balance for current or
prior fiscal years.
Distribute interest based on average daily balance by
fund for interest accrued with a combined bank account.
Automatic posting to cash accounts for cash receipts
and manual checks.
Journal entry edit reports print total debits and credits
by fund by month/year to ensure that journal entries
balance for each month.
Journal entries must be edited and balanced prior to
update of general ledger. An override feature exists.
A new fund, account or location may be added without
interrupting your journal entry process.
Budgeting Aids
The budgeting aids are a group of programs to allow you to create and
maintain budget projections.
Features
Projection of costs for current year comparison.
Report for preparation of subsequent year budgets.
Online entry/maintenance of proposed budgets.
Budget worksheet showing prior year expenses, currentyear budget and expenses,
proposed budget, adjustments and adopted budget.
Interface to spreadsheet software, both download to spreadsheet and the
upload of data from a spreadsheet.
Automatic posting of adopted budget to general ledger.
