The "brains" of the Accounting Manager software that allow
you to customize your chart of accounts
The General Ledger is the only place that "double entry" accounting is apparent in the software. It requires you to balance all transactions by debiting/crediting the appropriate accounts.
• General Ledger Account Activity
Shows accounts chosen for a particular period range and the debits and credits made to each account.
• Balance Sheet
Shows the company's balance sheet as of a specific date.
Standard - Shows the current period's balance sheet accounts and balances.
Comparative - Shows the current period's balance sheet accounts and balances and the same period as last year.
• Income Statement
Shows the company's income and expenses for a given period and year to date.
Comparative - Shows the same period as last year as well.
• Trial Balance
Shows the accounts beginning balance, the period's debits and credits and the accounts end balance.