General Ledger

21st Century Accounting General Ledger is the flexible core of a complete Windows accounting system for small to medium to moderately large busineses.

  • Flexible Financial Reports. Classic built-in financial reports may suit your needs, or you can create your own financials with complete control over the columns- the types of data- and the rows- the captions and the G/L accounts after each caption.
  • Budgeting. Set up budgets for any G/L accounts and then produce comparisons of historical, current, and projected (budgeted) activity.
  • Statement of Cash Flow. A built-in financial report provides a statement of cash flow.
  • Flexible Account Numbers. General ledger account numbers can consist of up to 5 segments for a total of 20 characters. This powerful feature gives you financial reporting at the level of division, department, region - and even product line or individual performer.
  • Unlimited Open Periods. You can keep unlimited open periods, up to 13 open periods per fiscal year. You can close or not close periods and years, as your situation requires.
  • Custom Journals. You can create custom journals for recording recurring types of business transactions that do not result in a bank deposit.
  • Recurring Entries. Set up and save batches of regular periodic General Journal and custom journal entries and post them each period.
  • Unlimited History. You decide how long to retain historical information.
  • User-Formatted Numbers. You can set up formats for transaction numbers (IDs) throughout 21st Century Accounting, using (if you wish) substitution string tools that automatically generate numbers, dates, or posting periods as part of the number.
  • User-Defined Source Codes. In addition to the provided source codes, you can define your own codes to identify and subtotal transactions in the General Ledger.
  • Flexible Financial Calendar. You can change the Financial Calendar at any time for open years. The system reposts transactions in the affected year so that period balances reflect the new calendar.
  • Editable account numbers at any time
  • Period locking to prevent accidental data entry
  • Period closing not required; detail always available for reports
  • Batch processing; multiple open batches in all data entry modules
  • Full set of financial statements including Statement of Cash Flow
  • Custom financial reports
  • Automatic standard entries and automatic reversing journal entries
  • Subsidiary ledgers
  • GAAP compliance
  • Automatic double-entry accounting