General Ledger in Acumatica Cloud ERP

If financial management is the backbone of an ERP system, the general ledger is the spinal cord. Necessary for any company regardless of size, industry, or regulatory need, General Ledger functionality is critical, providing a central repository, fully integrated with the rest of the ERP system.

Flexible, powerful, and easy to use, GL functionality tracks all financial transactions and is used to generate the company’s financial statements, including the Income Statement and Balance Sheet. As a leading provider of this financial management solution, The Donas Group has the skills to set up, integrate, and deliver this solution for companies like you.

How Does Acumatica Financial Management General Ledger Functionality Stand Out?

Every solution delivers general ledger functionality—but not every product is built the same. Built to provide real-time information, Acumatica’s GL gives the right users to the right data at the right time, providing them with mission-critical financial data with comprehensive and flexible reporting and analysis of ledger accounts, income, expenses, and assets. Among the key benefits:

  • Built around Your Business: No matter how your business is structured, your ERP solution needs to fit that. Acumatica GL lets you define the structure of your accounts the way that you need, organizing the numbers and facilitating reporting.
  • Seriously Secure: Control roles and access permissions by account and sub-accounts to protect sensitive data and improve accuracy. With user access controls and granular access, you can limit “on-the-fly” sub-account entry to specific sub-accounts based on pre-defined combinations of segment values.
  • Consolidation under Control: Bring your data together with ease. Easily combine data from multiple entities for consolidated reporting and analysis, different currencies or different account structures notwithstanding.

Watch our Acumatica demo to learn more.

Key Functionality of Acumatica GL Software

As one of the most flexible ERP products on the market, Acumatica empowers you to work from anywhere, speed up the approval process, and report with ease. Among the key features that allow this:

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Powerful Reporting

Design financial statements using sub-account segment structure and configured hierarchy.

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Financial Period Configuration

Run your business on your timeframe. With monthly, bi-monthly, annual, or custom financial periods, you have the power to run on your time.

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Budgeting

Budget for a variety of scenarios and minimize errors by controlling edit access. Grant access rights for team members to provide input without viewing salaries or information from other subsidiaries.
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Document Drill Down

Know how everything moves by drilling down to the original document. Use drill down functionality to find the originating document from any inquiry screen or report, even if the transaction was created in another module.
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Easy Entry Reversing

Reverse GL transactions with one click. Automatically generate reversing entries in the next financial period during the post procedure, or when the financial period closes.
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Recurring Billing and Revenue

Create recurring transactions based on specific schedules and time periods. Design templates with expiration dates, execution limits, and custom execution schedules.
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Acumatica has made our financial systems much more efficient. It provides us one integrated system with accurate sales and revenue information providing detailed financial reports that will allow us to accelerate our growth..

– Christy Lin, Operation Director of Antenova Limited

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Get to Know Acumatica Financial Management and The Donas Group

Built to integrate with a variety of applications—whether they are made by Acumatica or a third-party vendor—Acumatica’s financial management functionality delivers a strong backbone for your business. As a leading provider of this usable and functional application, The Donas Group can help you make the most of your journey to the cloud. Get to know more about our work and contact us for a free consultation.

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