General Ledger Overview

The RentalMan General Ledger System provides an integrated, online, real-time environment that organizes information into usable and understandable formats. There are up to 999 different formats available using the RentalMan General Ledger System to produce custom comparative financial reports as defined by your company. Income statements are report writer-driven; allowing the user to produce financial reports based on current year, current budget, and historical records that are maintained for each account.

Multiple companies and locations can be tracked and consolidated automatically. The system accommodates both 12-month and 13-month accounting options and maintains two fiscal years as "open," if needed. Unlimited preliminary trail balances can be generated before closing a period to facilitate month-end processing. The General Ledger Master File actively maintains prior year's history for analysis. Closed periods are easily reopened and closed again and posting can be made to multiple open periods.

Click a link to advance to that section and review the maintenance, transaction, and inquiry programs available in the General Ledger application: