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  General Ledger

Abel's General Ledger provides a superior level of flexibility, usability and automation, making the financial management of your business easier.

The Abel General Ledger is able to process very large transaction volumes without hesitation.  This is combined with an automatic transaction integrity checking and multiple company/branch handling capability.  Automatic transaction posting is provided ensuring that manual postings and journal entries are accurate which reduces posting workload and errors.

Accessing the information you want in the Abel General Ledger is simple.  Abel's integrated text reporting allows you to design and build text reports for most combinations of data contained in the General Ledger.  Data can be easily extracted to use in external applications.

The features provided in the Abel General Ledger include:

  • High volume, real-time transaction processing
  • Real-time transaction integrity checking
  • Automatic posting to the General Ledger
  • Client specified Chart of Accounts
  • User defined accounting periods
  • Postings can be made to the General Ledger in past or future periods
  • Soft ledgers allow unlimited ledgers with unique, client defined titles
  • Standard, reversing, repeating and returns journals
  • Multiple company, division and branch
  • Automatic inter-company postings in any currency
  • Full audit trails
  • Automatic accrual accounting
  • Multiple currency and international tax handling
  • Full financial reporting
  • General Ledger data can be extracted for manipulation in external applications
  • Reports can be consolidated into one currency

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